Dividends to Follow: Dec 15, 2016 will mean $0.16 dividends for Monmouth Real Estate Investment Corporation (NYSE:MNR) shareholders.

Dividends to Follow: Dec 15, 2016 will mean $0.16 dividends for Monmouth Real Estate Investment Corporation (NYSE:MNR) shareholders.

Monmouth Real Estate Investment Corporation (NYSE:MNR) is expected to pay $0.16 on Dec 15, 2016. The indicated annual dividend is $0.64. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Monmouth Real Estate Investment Corporation’s current price of $13.51, the dividend is 1.18%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 4, 2016. The stock increased 0.82% or $0.11 during the last trading session, hitting $13.51. Monmouth R.E. Inv. Corp. (NYSE:MNR) has risen 15.77% since April 7, 2016 and is uptrending. It has outperformed by 10.98% the S&P500.

Monmouth Real Estate Investment Corporation is a self-administered and self-managed real estate investment trust . The company has a market cap of $836.77 million. The Firm is engaged in ownership of real estate. It has a 46.01 P/E ratio. The Company’s investment focus is to own industrial buildings, leased primarily to investment-grade tenants on long-term net-leases.

Insitutional Activity: The institutional sentiment increased to 1.71 in Q2 2016. Its up 0.01, from 1.7 in 2016Q1. The ratio is positive, as 11 funds sold all Monmouth R.E. Inv. Corp. shares owned while 45 reduced positions. 25 funds bought stakes while 71 increased positions. They now own 35.71 million shares or 4.10% more from 34.30 million shares in 2016Q1.
Moreover, Sei Investments has 0% invested in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 92 shares. Jpmorgan Chase & holds 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 93,711 shares. Neuberger Berman Grp Ltd Liability Co reported 85,339 shares or 0% of all its holdings. Allianz Asset Mgmt Ag has 2.96 million shares for 0.02% of their US portfolio. Geode Mgmt owns 470,521 shares or 0% of their US portfolio. The Texas-based Dimensional Fund Lp has invested 0.01% in Monmouth R.E. Inv. Corp. (NYSE:MNR). Voya Invest Mgmt Ltd Liability Corporation holds 27,295 shares or 0% of its portfolio. Daiwa Securities Grp has invested 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). Rock Point Limited Liability Company owns 175,025 shares or 1.24% of their US portfolio. Janney Montgomery Scott Limited Liability Co holds 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 11,941 shares. Moreover, Wfg L P has 0.13% invested in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 35,362 shares. Albert D Mason has 1.93% invested in the company for 251,247 shares. Blackrock holds 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 91,573 shares. Kcg Holdings, a New Jersey-based fund reported 10,931 shares. Alexandria Cap Limited Liability Corp holds 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 1,026 shares.

Insider Transactions: Since May 16, 2016, the stock had 12 insider buys, and 1 insider sale for $418,230 net activity. Shares for $212,500 were bought by WOLGIN STEVEN B on Tuesday, September 13. LANDY SAMUEL A sold $139,050 worth of stock. On Monday, October 17 the insider Miller Kevin S. bought $1,004. $153,995 worth of Monmouth R.E. Inv. Corp. (NYSE:MNR) was bought by UMH PROPERTIES – INC. on Thursday, September 15. Nagelberg Allison also bought $19,999 worth of Monmouth R.E. Inv. Corp. (NYSE:MNR) on Monday, August 15. $1,995 worth of Monmouth R.E. Inv. Corp. (NYSE:MNR) was bought by LANDY MICHAEL P on Monday, October 17.

Monmouth R.E. Inv. Corp. (NYSE:MNR) Ratings Coverage

Out of 3 analysts covering Monmouth Real Estate Investment Corporation (NYSE:MNR), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Monmouth Real Estate Investment Corporation has been the topic of 6 analyst reports since August 10, 2015 according to StockzIntelligence Inc. As per Friday, May 6, the company rating was maintained by Wunderlich. The firm has “Buy” rating given on Monday, August 10 by Wunderlich. On Friday, August 5 the stock rating was maintained by Wunderlich with “Buy”. BMO Capital Markets maintained it with “Outperform” rating and $11.50 target price in Monday, August 24 report. The company was initiated on Tuesday, July 19 by Janney Capital.

More notable recent Monmouth R.E. Inv. Corp. (NYSE:MNR) news were published by: Prnewswire.com which released: “Monmouth Real Estate Investment Corporation Launches New Corporate Website” on November 01, 2016, also Prnewswire.com with their article: “Monmouth Real Estate Investment Corporation Announces New Acquisition In The …” published on October 17, 2016, Prnewswire.com published: “Monmouth Real Estate Investment Corporation Announces Pricing Of Preferred …” on September 06, 2016. More interesting news about Monmouth R.E. Inv. Corp. (NYSE:MNR) were released by: Prnewswire.com and their article: “Monmouth Real Estate Investment Corporation Announces New Acquisition In The …” published on August 29, 2016 as well as Prnewswire.com‘s news article titled: “Monmouth Real Estate Investment Corporation Announces Redemption In Full Of 7 …” with publication date: September 14, 2016.

MNR Company Profile

Monmouth Real Estate Investment Corporation, incorporated on March 12, 2003, is a self-administered and self-managed real estate investment trust (REIT). The Company’s primary business is the ownership of real estate. The Company’s investment focus is to own modern industrial buildings, leased primarily to investment-grade tenants on long-term net-leases. In addition, the Company owns a portfolio of REIT investment securities.

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