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MONMOUTH REAL ESTATE INVESTMENT CORPORATION DECLARES DIVIDEND

      MONMOUTH REAL ESTATE INVESTMENT CORPORATION DECLARES DIVIDEND
    EATONTOWN, N.J., Jan. 21 /PRNewswire/ -- The board of directors of Monmouth Real Estate Investment Corporation (NASDAQ-NMS: MNRTA) today declared a quarterly dividend of $.125 a share to shareholders of record Feb. 17, 1992, payable March 16, 1992.  Its annual dividend rate is $.50 a share.  the company has been paying dividends for 18 years.
    Monmouth Real Estate Investment Corporation, which was organized in 1969, is a publicly-owned hybrid real estate investment trust which invests in both properties and mortgages.  Its portfolio consists mainly of small shopping centers and industrial parks in New Jersey and Pennsylvania.
    The company's offices are located at 125 Wyckoff Road, Eatontown N.J.
    -0-        1/21/92
    /CONTACT:  Rosemarie Faccone of Monmouth Real Estate, 201-542-4927/
    (MNRTA) CO:  Monmouth Real Estate Investment Corporation ST:  New Jersey IN:  FIN SU:  DIV SH-SM -- NY101 -- 1971 01/21/92 15:19 EST
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Publication:PR Newswire
Date:Jan 21, 1992
Words:150
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