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) January 22, 2015
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 January 22, 2015, 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.
(d) Exhibits.
99 Press Release dated January 22, 2015
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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: January 22, 2015 | By:/s/ Kevin S. Miller |
|
Kevin S. Miller Chief Financial Officer and Chief Accounting Officer |
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| FOR IMMEDIATE RELEASE | January 22, 2015 |
|
Contact: Susan M. Jordan 732-577-9996 |
MONMOUTH REAL ESTATE INVESTMENT CORPORATION
DECLARES COMMON AND PREFERRED DIVIDENDS
FREEHOLD, NJ, January 22, 2015…..On January 21, 2015, the Board of Directors of Monmouth Real Estate Investment Corporation (NYSE:MNR) declared its quarterly cash dividend on the Company’s Common Stock of $0.15 per share payable March 16, 2015, to shareholders of record at the close of business on February 17, 2015. The Company’s annual dividend rate on its Common Stock is $0.60 per share.
On January 21, 2015, the Board of Directors declared a dividend for the period commencing December 1, 2014 through February 28, 2015, of $0.4765625 per share on the Company’s 7.625% Series A Cumulative Redeemable Preferred Stock payable March 16, 2015, to shareholders of record at the close of business on February 17, 2015. Series A preferred share dividends are cumulative and payable quarterly at an annual rate of $1.90625 per share.
Also on January 21, 2015, the Board of Directors declared a dividend for the period December 1, 2014 through February 28, 2015, of $0.4921875 per share on the Company’s 7.875% Series B Cumulative Redeemable Preferred Stock payable March 16, 2015, to shareholders of record at the close of business on February 17, 2015. Series B preferred share dividends are cumulative and payable quarterly at an annual rate of $1.96875.
Monmouth Real Estate Investment Corporation, founded in 1968 and one of the oldest public equity REITs in the U.S., specializes in net-leased industrial properties subject to long-term leases primarily to investment grade tenants. The Company is a fully integrated and self-managed real estate company, whose property portfolio consists of eighty-seven properties located in twenty-eight states, containing a total of approximately 12.4 million rentable square feet. In addition, the Company owns a portfolio of REIT securities.
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