GlobeNewswire Inc | Jan 26, 2022 04:15PM EST

January 26, 2022

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 Monmouths common and preferred shares during the calendar year ended December 31, 2021.

Common - CUSIP 609720107

Shown as Dollars ($) Distributions Non-Qualifying Total Unrecap Sec Section 199APayment Paid Per Ord. Income Long-Term 1250 Gain Return of DividendsDate Share (1a) Capital Gain (2b) Capital (3) (5) (2a)3/15/ $0.180000 $0.079282 $0.011748 $0.000000 $0.088970 $0.07928220216/15/ $0.180000 $0.070231 $0.030956 $0.000000 $0.078813 $0.07023120219/15/ $0.180000 $0.084818 $0.000000 $0.000000 $0.095182 $0.084818202112/15/ $0.180000 $0.084818 $0.000000 $0.000000 $0.095182 $0.0848182021TOTAL $0.720000 $0.319149 $0.042704 $0.000000 $0.358147 $0.319149

Shown as a Percentage (%) Distributions Non-Qualifying Total Unrecap SectionPayment Paid Per Ord. Income Long-Term Sec 1250 Return of 199ADate Share (1a) Capital Gain Capital (3) Dividends Gain (2a) (2b) (5)3/15/ $0.180000 44.045571 % 6.526859 % 0.000000 % 49.427570 % 44.045571 %20216/15/ $0.180000 39.017319 % 17.197773 % 0.000000 % 43.784908 % 39.017319 %20219/15/ $0.180000 47.121099 % 0.000000 % 0.000000 % 52.878901 % 47.121099 %202112/15/ $0.180000 47.121099 % 0.000000 % 0.000000 % 52.878901 % 47.121099 %2021TOTAL $0.720000 44.326272 % 5.931158 % 0.000000 % 49.742570 % 44.326272 %

6.125% Series C Cumulative Redeemable Preferred - CUSIP 609720404

Shown as Dollars ($) Distributions Non-Qualifying Total Unrecap Sec Section 199APayment Paid Per Ord. Income Long-Term 1250 Gain Return of DividendsDate Share (1a) Capital Gain (2b) Capital (3) (5) (2a)3/15/ $0.382813 $0.333103 $0.049710 $0.000000 $0.000000 $0.33310320216/15/ $0.382813 $0.251828 $0.130985 $0.000000 $0.000000 $0.25182820218/31/ $0.382813 $0.382813 $0.000000 $0.000000 $0.000000 $0.382813202112/15/ $0.382813 $0.382813 $0.000000 $0.000000 $0.000000 $0.3828132021TOTAL $1.531252 $1.350557 $0.180695 $0.000000 $0.000000 $1.350557

Shown as a Percentage (%) Distributions Non-Qualifying Total Unrecap Return of Section 199APayment Paid Per Ord. Income Long-Term Sec 1250 Capital DividendsDate Share (1a) Capital Gain (3) (5) Gain (2a) (2b)3/15/ $0.382813 87.014444 % 12.985556 % 0.000000 % 0.000000 % 87.014444 %20216/15/ $0.382813 65.783614 % 34.216386 % 0.000000 % 0.000000 % 65.783614 %20218/31/ $0.382813 100.000000 % 0.000000 % 0.000000 % 0.000000 % 100.000000 %202112/15/ $0.382813 100.000000 % 0.000000 % 0.000000 % 0.000000 % 100.000000 %2021TOTAL $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 Companys occupancy rate as of this date is 99.7%.

Contact:Becky Coleridge732-577-9996

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