UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 9, 2012
MONMOUTH REAL ESTATE INVESTMENT CORPORATION
(Exact name of Registrant as specified in its charter)
MARYLAND 001-33177 22-1897375
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification Number)
3499 Route 9N, Suite 3C, Freehold, NJ 07728
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (732) 577-9996
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
[ ] Written communications pursuant to Rule 425 under Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 142-12 under the Exchange Act (17 CFR 240.14a-12
[ ] Pre-commencement communications pursuant to rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On July 9, 2012, the Company issued a press release announcing the declaration of quarterly dividends on the common and preferred stock.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
99 Press Release dated July 9, 2012.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MONMOUTH REAL ESTATE INVESTMENT CORPORATION | |
Dated: July 9, 2012 | By: /s/ Kevin S. Miller |
Kevin S. Miller | |
Chief Financial Officer and Chief Accounting Officer |
FOR IMMEDIATE RELEASE
July 9, 2012
Contact: Susan M. Jordan
732-577-9997
MONMOUTH REAL ESTATE INVESTMENT CORPORATION
DECLARES COMMON AND PREFERRED DIVIDENDS
FREEHOLD, NJ, July 9, 2012 ..On July 9, 2012, the Board of Directors of Monmouth Real Estate Investment Corporation (NYSE:MNR) declared its quarterly cash dividend on the Companys Common Stock of $0.15 per share payable September 17, 2012, to shareholders of record at the close of business on August 15, 2012. The Companys annual dividend rate on its Common Stock is $0.60 per share.
On July 9, 2012, the Board of Directors declared a dividend for the period commencing June 1, 2012 through August 31, 2012, of $0.4766 per share on the Companys 7.625% Series A Cumulative Redeemable Preferred Stock payable September 17, 2012, to shareholders of record at the close of business on August 15, 2012. Series A preferred share dividends are cumulative and payable quarterly at an annual rate of $1.90625 per share.
Also on July 9, 2012, the Board of Directors declared a dividend for the period June 7, 2012 through August 31, 2012, of $0.459375 per share on the Companys 7.875% Series B Cumulative Redeemable Preferred Stock payable September 17, 2012, to shareholders of record at the close of business on August 15, 2012. Series B preferred share dividends are cumulative and payable quarterly at an annual rate of $1.96875.
Monmouth Real Estate Investment Corp., which was organized in 1968, is a publicly owned real estate investment trust (REIT) specializing in net-leased industrial properties subject to long-term leases primarily to investment grade tenants. The Companys portfolio consists of seventy industrial properties and one shopping center located in twenty-five states. In addition, the Company owns a portfolio of REIT securities.
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