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Article: Monmouth Real Estate Investment Corporation Declares Common and Preferred Dividends.
- Article from:
- Real Estate Weekly News
- Article date:
- August 21, 2009
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On August 5, 2009, the Board of Directors of Monmouth Real Estate Investment Corporation (NASDAQ: MNRTA) declared its quarterly cash dividend on the Company's Common Stock of $0.15 per share payable September 15, 2009, to shareholders of record at the close of business on August 17, 2009. The Company's annual dividend rate on its Common Stock is $0.60 per share.
Also on August 5, 2009, the Board of Directors declared a dividend for the period commencing June 1, 2009 and ending August 31, 2009, of $0.4766 per share on the Company's 7.625% Series A Cumulative Redeemable Preferred Stock payable September 15, 2009, to shareholders of record at the close of business ...