MONMOUTH REAL ESTATE ANNOUNCES TAX TREATMENT FOR 2021 DISTRIBUTIONS

·3 min read

HOLMDEL, NJ, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the tax treatment of its 2021 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of Monmouth’s common and preferred shares during the calendar year ended December 31, 2021.

Common - CUSIP 609720107

Shown as Dollars ($)

Payment Date

Distributions Paid Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecap Sec 1250 Gain
(2b)

Return of Capital (3)

Section 199A Dividends (5)

3/15/2021

$0.180000

$0.079282

$0.011748

$0.000000

$0.088970

$0.079282

6/15/2021

$0.180000

$0.070231

$0.030956

$0.000000

$0.078813

$0.070231

9/15/2021

$0.180000

$0.084818

$0.000000

$0.000000

$0.095182

$0.084818

12/15/2021

$0.180000

$0.084818

$0.000000

$0.000000

$0.095182

$0.084818

TOTAL

$0.720000

$0.319149

$0.042704

$0.000000

$0.358147

$0.319149


Shown as a Percentage (%)

Payment Date

Distributions Paid Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecap Sec 1250 Gain
(2b)

Return of Capital (3)

Section 199A Dividends (5)

3/15/2021

$0.180000

44.045571

%

6.526859

%

0.000000

%

49.427570

%

44.045571

%

6/15/2021

$0.180000

39.017319

%

17.197773

%

0.000000

%

43.784908

%

39.017319

%

9/15/2021

$0.180000

47.121099

%

0.000000

%

0.000000

%

52.878901

%

47.121099

%

12/15/2021

$0.180000

47.121099

%

0.000000

%

0.000000

%

52.878901

%

47.121099

%

TOTAL

$0.720000

44.326272

%

5.931158

%

0.000000

%

49.742570

%

44.326272

%

6.125% Series C Cumulative Redeemable Preferred - CUSIP 609720404

Shown as Dollars ($)

Payment Date

Distributions Paid Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecap Sec 1250 Gain
(2b)

Return of Capital (3)

Section 199A Dividends (5)

3/15/2021

$0.382813

$0.333103

$0.049710

$0.000000

$0.000000

$0.333103

6/15/2021

$0.382813

$0.251828

$0.130985

$0.000000

$0.000000

$0.251828

8/31/2021

$0.382813

$0.382813

$0.000000

$0.000000

$0.000000

$0.382813

12/15/2021

$0.382813

$0.382813

$0.000000

$0.000000

$0.000000

$0.382813

TOTAL

$1.531252

$1.350557

$0.180695

$0.000000

$0.000000

$1.350557


Shown as a Percentage (%)

Payment Date

Distributions Paid Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecap Sec 1250 Gain
(2b)

Return of Capital (3)

Section 199A Dividends (5)

3/15/2021

$0.382813

87.014444

%

12.985556

%

0.000000

%

0.000000

%

87.014444

%

6/15/2021

$0.382813

65.783614

%

34.216386

%

0.000000

%

0.000000

%

65.783614

%

8/31/2021

$0.382813

100.000000

%

0.000000

%

0.000000

%

0.000000

%

100.000000

%

12/15/2021

$0.382813

100.000000

%

0.000000

%

0.000000

%

0.000000

%

100.000000

%

TOTAL

$1.531252

88.199514

%

11.800486

%

0.000000

%

0.000000

%

88.199514

%

NOTE: Section 199A Dividends (Box 5) is a subset of, and is included in, the Total Ordinary Dividends reported in Box 1a.

Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.

Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world. The Company specializes in single tenant, net-leased industrial properties, subject to long-term leases, primarily to investment-grade tenants. Monmouth Real Estate Investment Corporation is a fully integrated and self-managed real estate company, whose property portfolio consists of 123 properties containing a total of approximately 25.2 million rentable square feet, geographically diversified across 32 states. The Company’s occupancy rate as of this date is 99.7%.

Contact: Becky Coleridge
732-577-9996

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