Monmouth Real Estate Investment : MREIC Announces Tax Treatment For 2020 D...

MONMOUTH REAL ESTATE INVESTMENT CORPORATION

BELL WORKS

101 CRAWFORDS CORNER ROAD

SUITE 1405

HOLMDEL, NEW JERSEY 07733

A Public REIT Since 1968

____

INTERNET:	[phone]	EMAIL:
www.mreic.reit	FAX: [phone]	[e-mail]

January 26, 2021

Contact: Becky Coleridge 732-577-9996

MONMOUTH REAL ESTATE ANNOUNCES TAX TREATMENT

FOR 2020 DISTRIBUTIONS

HOLMDEL, NJ, JANUARY 26, 2021……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 Monmouth's common and preferred shares during the calendar year ended December 31, 2020.

Common - CUSIP 609720107

Shown as Dollars ($)

								Unrecap Sec
		Distributions		Non-Qualifying		Total Long-Term	1250 Gain		Return of Capital	Section 199A
Payment Date		Paid Per Share		Ord. Income (1a)		Capital Gain (2a)	(2b)		(3)		Dividends (5)
3/16/2020		$0.170000	$0.061898	$0.000000	$0.000000		$0.108102	$0.061898
6/15/2020		$0.170000	$0.061898	$0.000000	$0.000000		$0.108102	$0.061898
9/15/2020		$0.170000	$0.061898	$0.000000	$0.000000		$0.108102	$0.061898
12/15/2020		$0.170000	$0.061898	$0.000000	$0.000000		$0.108102	$0.061898
TOTAL		$0.680000	$0.247592	$0.000000	$0.000000		$0.432408	$0.247592
Shown as a Percentage (%)
						Total Long-		Unrecap Sec
		Distributions		Non-Qualifying		Term Capital		1250 Gain		Return of Capital		Section 199A
Payment Date	Paid Per Share		Ord. Income (1a)		Gain (2a)		(2b)		(3)		Dividends (5)
3/16/2020	$0.170000		36.410671%		0.000000%		0.000000%		63.589329%		36.410671%
6/15/2020	$0.170000		36.410671%		0.000000%		0.000000%		63.589329%		36.410671%
9/15/2020	$0.170000		36.410671%		0.000000%		0.000000%		63.589329%		36.410671%
12/15/2020	$0.170000		36.410671%		0.000000%		0.000000%		63.589329%		36.410671%
TOTAL	$0.680000		36.410671%		0.000000%		0.000000%		63.589329%		36.410671%

6.125% Series C Cumulative Redeemable Preferred - CUSIP 609720404

Shown as Dollars ($)

			Total Long-	Unrecap Sec
	Distributions	Non-Qualifying	Term Capital	1250 Gain	Return of Capital	Section 199A
Payment Date	Paid Per Share	Ord. Income (1a)	Gain (2a)	(2b)	(3)	Dividends (5)
3/16/2020	$0.382813	$0.382813	$0.000000	$0.000000	$0.000000	$0.382813
6/15/2020	$0.382813	$0.382813	$0.000000	$0.000000	$0.000000	$0.382813
9/15/2020	$0.382813	$0.382813	$0.000000	$0.000000	$0.000000	$0.382813
12/15/2020	$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 (%)

				Unrecap Sec
	Distributions	Non-Qualifying	Total Long-Term	1250 Gain	Return of	Section 199A
Payment Date	Paid Per Share	Ord. Income (1a)	Capital Gain (2a)	(2b)	Capital (3)	Dividends (5)
3/16/2020	$0.382813	100.000000%	0.000000%	0.000000%	0.000000%	100.000000%
6/15/2020	$0.382813	100.000000%	0.000000%	0.000000%	0.000000%	100.000000%
9/15/2020	$0.382813	100.000000%	0.000000%	0.000000%	0.000000%	100.000000%
12/15/2020	$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
1/15/2020	$ 14.57	$ 13.84	$	0.73
2/18/2020	$ 14.97	$ 14.25	$	0.72
3/16/2020	$ 11.20	$ 11.20	$	0.00
4/15/2020	$ 12.22	$ 11.81	$	0.41
5/15/2020	$ 11.48	$ 11.12	$	0.36
6/15/2020	$ 13.73	$ 13.04	$	0.69
7/15/2020	$ 14.20	$ 13.49	$	0.71
8/17/2020	$ 14.60	$ 14.08	$	0.52
9/15/2020	$ 14.33	$ 13.62	$	0.71
10/15/2020	$ 14.34	$ 13.70	$	0.64
11/16/2020	$ 14.78	$ 14.04	$	0.74
12/15/2020	$ 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 Company's occupancy rate as of this date is 99.7%.

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