Monmouth (MNR) Declares $0.15 Quarterly Dividend; 7% Yield

July 5, 2011 11:39 AM EDT
Monmouth Real Estate Investment Corp. (NYSE: MNR) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on September 15, 2011, to stockholders of record on August 15, 2011, with an ex-dividend date of August 11, 2011.

The annual yield on the dividend is 7 percent.


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