GlobeNewswire Inc | Jan 26, 2021 04:15PM EST

January 26, 2021

HOLMDEL, NJ, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the tax treatment of its 2020 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of Monmouths common and preferred shares during the calendar year ended December 31, 2020.

Common - CUSIP 609720107

Shown as Dollars ($) Distributions Non-Qualifying Total Unrecap Return of SectionPayment Paid Per Ord. Income Long-Term Sec 1250 Capital 199ADate Share (1a) Capital Gain Gain (3) Dividends (2a) (2b) (5)3/16/ $0.170000 $0.061898 $0.000000 $0.000000 $0.108102 $0.06189820206/15/ $0.170000 $0.061898 $0.000000 $0.000000 $0.108102 $0.06189820209/15/ $0.170000 $0.061898 $0.000000 $0.000000 $0.108102 $0.061898202012/15/ $0.170000 $0.061898 $0.000000 $0.000000 $0.108102 $0.0618982020TOTAL $0.680000 $0.247592 $0.000000 $0.000000 $0.432408 $0.247592

Shown as a Percentage (%) Distributions Non-Qualifying Total Unrecap Return of SectionPayment Paid Per Ord. Income Long-Term Sec 1250 Capital 199ADate Share (1a) Capital Gain (3) Dividends Gain (2a) (2b) (5)3/16/ $0.170000 36.410671% 0.000000% 0.000000% 63.589329% 36.410671%20206/15/ $0.170000 36.410671% 0.000000% 0.000000% 63.589329% 36.410671%20209/15/ $0.170000 36.410671% 0.000000% 0.000000% 63.589329% 36.410671%202012/15/ $0.170000 36.410671% 0.000000% 0.000000% 63.589329% 36.410671%2020TOTAL $0.680000 36.410671% 0.000000% 0.000000% 63.589329% 36.410671%

6.125% Series C Cumulative Redeemable Preferred - CUSIP 609720404

Shown as Dollars ($) Distributions Non-Qualifying Total Unrecap Return of SectionPayment Paid Per Ord. Income Long-Term Sec 1250 Capital 199ADate Share (1a) Capital Gain Gain (3) Dividends (2a) (2b) (5)3/16/ $0.382813 $0.382813 $0.000000 $0.000000 $0.000000 $0.38281320206/15/ $0.382813 $0.382813 $0.000000 $0.000000 $0.000000 $0.38281320209/15/ $0.382813 $0.382813 $0.000000 $0.000000 $0.000000 $0.382813202012/15/ $0.382813 $0.382813 $0.000000 $0.000000 $0.000000 $0.3828132020TOTAL $1.531252 $1.531252 $0.000000 $0.000000 $0.000000 $1.531252

Shown as a Percentage (%) Non-Qualifying Total Unrecap Return of SectionPayment Distributions Paid Per Ord. Income Long-Term Sec 1250 Capital 199ADate Share (1a) Capital Gain (3) Dividends Gain (2a) (2b) (5)3/16/ 100.000000% 0.000000% 0.000000% 0.000000% 100.000000%2020 $0.3828136/15/ 100.000000% 0.000000% 0.000000% 0.000000% 100.000000%2020 $0.3828139/15/ 100.000000% 0.000000% 0.000000% 0.000000% 100.000000%2020 $0.38281312/15/ 100.000000% 0.000000% 0.000000% 0.000000% 100.000000%2020 $0.382813TOTAL 100.000000% 0.000000% 0.000000% 0.000000% 100.000000% $1.531252

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/R1/15/2020 $ 14.57 $ 13.84 $ 0.732/18/2020 $ 14.97 $ 14.25 $ 0.723/16/2020 $ 11.20 $ 11.20 $ 0.004/15/2020 $ 12.22 $ 11.81 $ 0.415/15/2020 $ 11.48 $ 11.12 $ 0.366/15/2020 $ 13.73 $ 13.04 $ 0.697/15/2020 $ 14.20 $ 13.49 $ 0.718/17/2020 $ 14.60 $ 14.08 $ 0.529/15/2020 $ 14.33 $ 13.62 $ 0.7110/15/2020 $ 14.34 $ 13.70 $ 0.6411/16/2020 $ 14.78 $ 14.04 $ 0.7412/15/2020 $ 16.50 $ 15.68 $ 0.82

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 121 properties containing a total of approximately 24.5 million rentable square feet, geographically diversified across 31 states. The Companys occupancy rate as of this date is 99.7%.

Contact: Becky Coleridge732-577-9996

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