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MONMOUTH REAL ESTATE INVESTMENT CORPORATION DECLARES QUARTERLY DIVIDEND

 EATONTOWN, N.J., Jan. 18 /PRNewswire/ -- Monmouth Real Estate Investment Corporation (NASDAQ-NMS: MNRTA) today declared its regular $.125 per share quarterly dividend payable March 15, 1993, to shareholders of record Feb. 15, 1993. The company's annual dividend rate is $.50 per share. The company is entering its 19th year of consecutive dividend payments.
 Monmouth Real Estate Investment Corporation, a publicly owned hybrid real estate investment trust, invests in both properties and mortgages. Eugene W. Landy, president, announced that the company is currently negotiating the purchase of a new property in New Jersey.
 -0- 1/18/93
 /CONTACT: Rosemarie Faccone of Monmouth Real Estate Investment Corporation, 908-542-4927/
 (MNRTA)


CO: Monmouth Real Estate Investment Corporation ST: New Jersey IN: FIN SU: DIV

CK-OS -- NY045 -- 5858 01/18/93 12:45 EST
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Publication:PR Newswire
Date:Jan 18, 1993
Words:129
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