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Classified in: Business
Subject: DIV

Monmouth Real Estate Announces Tax Treatment For 2019 Distributions


HOLMDEL, N.J., Jan. 28, 2020 /PRNewswire/ -- Monmouth Real Estate Investment Corporation (NYSE: MNR) today announced the tax treatment of its 2019 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, 2019.

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)

3/15/2019

$0.170000

$0.077930

$0.000000

$0.000000

$0.092070

$0.077930

6/17/2019

$0.170000

$0.077930

$0.000000

$0.000000

$0.092070

$0.077930

9/16/2019

$0.170000

$0.077930

$0.000000

$0.000000

$0.092070

$0.077930

12/16/2019

$0.170000

$0.077930

$0.000000

$0.000000

$0.092070

$0.077930

TOTAL

$0.680000

$0.311720

$0.000000

$0.000000

$0.368280

$0.311720


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)

3/15/2019

$0.170000

45.841109%

0.000000%

0.000000%

54.158891%

45.841109%

6/17/2019

$0.170000

45.841109%

0.000000%

0.000000%

54.158891%

45.841109%

9/16/2019

$0.170000

45.841109%

0.000000%

0.000000%

54.158891%

45.841109%

12/16/2019

$0.170000

45.841109%

0.000000%

0.000000%

54.158891%

45.841109%

TOTAL

$0.680000

45.841109%

0.000000%

0.000000%

54.158891%

45.841109%


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)

3/15/2019

$0.382813

$0.382813

$0.000000

$0.000000

$0.000000

$0.382813

6/17/2019

$0.382813

$0.382813

$0.000000

$0.000000

$0.000000

$0.382813

9/16/2019

$0.382813

$0.382813

$0.000000

$0.000000

$0.000000

$0.382813

12/16/2019

$0.382813

$0.382813

$0.000000

$0.000000

$0.000000

$0.382813

TOTAL

$1.531252

$1.531252

$0.000000

$0.000000

$0.000000

$1.531252


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)

3/15/2019

$0.382813

100.000000%

0.000000%

0.000000%

0.000000%

100.000000%

6/17/2019

$0.382813

100.000000%

0.000000%

0.000000%

0.000000%

100.000000%

9/16/2019

$0.382813

100.000000%

0.000000%

0.000000%

0.000000%

100.000000%

12/16/2019

$0.382813

100.000000%

0.000000%

0.000000%

0.000000%

100.000000%

TOTAL

$1.531252

100.000000%

0.000000%

0.000000%

0.000000%

100.000000%

NOTE:  Unrecaptured Section 1250 Gain (Box 2b) is a subset of, and is included in, the Total Capital Gain Distributions reported in Box 2a.

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


 

DIVIDEND REINVESTMENT PLAN DISCOUNTS  - Common ? CUSIP 609720107

Payment Date

Fair Market Value

Discount Price

Discount on D/R

1/15/2019

$  12.77

$  12.15

$      0.62

2/15/2019

$  13.69

$  13.01

$      0.68

3/15/2019

$  13.25

$  12.60

$      0.65

4/15/2019

$  13.43

$  12.84

$      0.59

5/15/2019

$  13.95

$  13.37

$      0.58

6/17/2019

$  13.82

$  13.15

$      0.67

7/15/2019

$  13.75

$  13.15

$      0.60

8/15/2019

$  13.10

$  12.60

$      0.50

9/16/2019

$  14.42

$  13.70

$      0.72

10/15/2019

$  14.46

$  13.74

$      0.72

11/15/2019

$  14.76

$  14.03

$      0.73

12/16/2019

$  14.81

$  14.19

$      0.62

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 is a fully integrated and self-managed real estate company, whose property portfolio consists of 115 properties containing a total of approximately 22.9 million rentable square feet, geographically diversified across 30 states. In addition, the Company owns a portfolio of REIT securities.

SOURCE Monmouth Real Estate Investment Corporation


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