Monmouth Real Estate (MNR) Declares $0.17 Quarterly Dividend; 4% Yield

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Monmouth Real Estate Declares Common And Preferred Dividends

January 18, 2018 2:43 PM EST

FREEHOLD, N.J., Jan. 18, 2018 /PRNewswire/ -- On January 16, 2018, the Board of Directors of Monmouth Real Estate Investment Corporation (NYSE: MNR) declared its quarterly cash dividend on the Company's Common Stock of $0.17 per share payable March 15, 2018, to shareholders of record at the close of business on February 15, 2018.  The Company's annual dividend rate on its Common Stock is $0.68 per share. 

Also on January 16, 2018, the Board of Directors declared a dividend for the period December 1, 2017 through February 28, 2018, of $0.3828125 per share on the Company's 6.125% Series C Cumulative Redeemable Preferred Stock payable March 15, 2018 to... More