MNR - Dividend announcements

Industrial Logistics Properties Trust (NASDAQ:ILPT) today announced that the characterization of dividends for 2022 income tax reporting purposes for both ILPT and Monmouth Real Estate Investment Corporation (NYSE:MNR), prior to MNR's merger with and into ILPT, is as follows: ILPT Common Shares     Dividend Allocation   Per Share Section Total Unrecaptured Declaration Record Paid/Payable Dividends Ordinary 199A Qualified Capital Section 1250 Return of Dates Dates Dates Per Share Income Dividend(1) Dividend(2) Gain Gain(3) Capital 01/13/22 01/24/22 02/17/22 $0.33

HOLMDEL, N.J., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR), or Monmouth, today announced that its shareholders voted to approve the acquisition of Monmouth by Industrial Logistics Properties Trust, a Maryland real estate investment trust ("ILPT"). "I thank our shareholders for their strong support of this transaction and our talented employees for their hard work and dedication over the years," said Michael Landy, President and CEO of Monmouth. "With this significant milestone now behind us, we look forward to completing the transaction with ILPT and delivering immediate and certain all-cash value to our shareholders at a significant premium. I

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 Monmouth's common and preferred shares during the calendar year ended December 31, 2021. Common - CUSIP 609720107 Shown as Dollars ($) Payment DateDistributions Paid Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecap Sec 1250 Gain(2b)Return of Capital (3)Section 199A Dividends (5)3/15/2021 $0.180000 $0.079282 $0.011748 $0.000000 $0.088970 $0.0792826/15/2021 $0.180000 $0.07

HOLMDEL, NJ, Oct. 01, 2021 (GLOBE NEWSWIRE) -- On October 1, 2021, the Board of Directors of Monmouth Real Estate Investment Corporation (NYSE:MNR) declared its quarterly cash dividend on the Company's Common Stock of $0.18 per share payable December 15, 2021, to shareholders of record at the close of business on November 15, 2021. The Company's annual dividend rate on its Common Stock is $0.72 per share. Also on October 1, 2021, the Board of Directors declared a dividend for the period September 1, 2021 through November 30, 2021, of $0.3828125 per share on the Company's 6.125% Series C Cumulative Redeemable Preferred Stock payable December 15, 2021 to shareholders of record as of the clo

Equity Commonwealth (NYSE:EQC) today announced that its Chairman of the Board, Sam Zell, and Chief Executive Officer, David Helfand, sent the following letter to the shareholders of Monmouth Real Estate Investment Corporation (NYSE:MNR) reiterating the merits of the pending transaction. Dear Monmouth Shareholders:   For more than 50 years, the Equity group of companies has had the opportunity and great responsibility of managing our capital and our investors' capital across a variety of businesses and asset classes. We have maintained a disciplined and prudent approach to investing, with the goal being to create and deliver long- term value to our shareholders

Starwood Reconfirms Willingness and Ability to Move Quickly to Complete its All-Cash Transaction Starwood Real Estate Income Trust, Inc. ("Starwood"), an affiliate of Starwood Capital Group, a leading global private investment firm focused on real estate and energy investments, today commented on the alert from Institutional Shareholder Services Inc. ("ISS") published on August 19, 2021, in which it reaffirmed its prior recommendation advising Monmouth Real Estate Investment Corp. (NYSE:MNR) ("Monmouth") shareholders to vote "AGAINST" the proposed transaction with Equity Commonwealth ("EQC"). The vote for the EQC transaction is scheduled to take place at a special meeting of Monmouth share

Revised All-Cash Offer Delivers Higher, More Certain Value to Monmouth Shareholders than EQC's Revised Proposal Starwood Encourages Monmouth Board to Immediately Declare its Offer Superior and Proceed to Signing Starwood Real Estate Income Trust, Inc. ("Starwood"), an affiliate of Starwood Capital Group, a leading global private investment firm focused on real estate and energy investments, today submitted an enhanced all-cash, fully financed, fully actionable proposal to acquire Monmouth Real Estate Investment Corporation (NYSE:MNR) ("Monmouth") for $19.93 per Monmouth share reduced by the termination fee owed to Equity Commonwealth ("EQC") of $72 million or $0.73 per share. Starwood's

Believes the Landy Family-Dominated Board Ran a Flawed Process Urges Shareholders to Vote AGAINST the Monmouth / Equity Commonwealth Transaction NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Blackwells Capital, LLC, an alternative investment management firm that, together with its affiliates, owns 4.17% of Monmouth Real Estate Investment Corporation (NYSE:MNR), today issued a letter to its fellow shareholders urging them to vote against the proposed sale to Equity Commonwealth (NYSE:EQC). The full text of the letter follows. August 5, 2021 Dear Fellow Monmouth Shareholders: As Monmouth's fourth largest shareholder, we are writing to urge you to vote "AGAINST" the proposed transaction w

 Urges Monmouth Shareholders to Vote the BLUE Proxy Card "AGAINST" Equity Commonwealth's Merger Proposal Sends Letter to Monmouth Shareholders Starwood Real Estate Income Trust, Inc. ("Starwood"), an affiliate of Starwood Capital Group ("Starwood Capital"), a leading global private investment firm focused on real estate and energy investments, today announced it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission urging shareholders of Monmouth Real Estate Investment Corp. (NYSE:MNR) ("Monmouth") to vote against the proposed sale of Monmouth to Equity Commonwealth ("EQC") at the upcoming special meeting of Monmouth shareholders scheduled for August 24.

No Action Needs to be Taken by Monmouth Shareholders at This Time HOLMDEL, N.J., July 16, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR, "Monmouth" or "the Company"))) today announced that it received an amendment to the unsolicited acquisition proposal it previously received on July 8, 2021 from a certain large private investment firm. The amendment to the proposal reflects an increase of $0.18 per share in the consideration that would be paid for each share of Monmouth Common Stock, resulting in a net cash consideration of $18.88 per share, reflecting a stated purchase price of $19.51 per share reduced by the termination fee of approximately $62.2 mi

No Action Needs to Be Taken by Monmouth Shareholders at This Time HOLMDEL, N.J., July 12, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR), or Monmouth, today announced that it received an unsolicited acquisition proposal from a large private investment firm primarily focused on global real estate that participated in the strategic alternatives review process undertaken by Monmouth's Board of Directors earlier this year and made a proposal to acquire Monmouth as part of that process. Under the terms of its new proposal, the investment firm is proposing to acquire 100% of the outstanding equity of Monmouth for net cash consideration of approximately $18.70 pe

HOLMDEL, NJ, July 01, 2021 (GLOBE NEWSWIRE) -- On July 1, 2021, the Board of Directors of Monmouth Real Estate Investment Corporation (NYSE:MNR) declared its quarterly cash dividend on the Company's Common Stock of $0.18 per share. The common stock dividend will be payable to shareholders of record at the close of business on August 16, 2021 and will be paid on September 15, 2021, except that if the Company's pending merger with Equity Commonwealth is completed prior to September 15, 2021, the dividend payment will be accelerated and paid immediately prior to the effective time of the merger. Also on July 1, 2021, the Board of Directors declared a dividend on the Company's 6.125

HOLMDEL, NJ, May 04, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Income Attributable to Common Shareholders of $25.9 million or $0.26 per diluted share for the three months ended March 31, 2021 as compared to Net (Loss) Attributable to Common Shareholders of $(75.1) million or $(0.77) per diluted share for the three months ended March 31, 2020, representing an increase of $101.0 million or $1.03 per diluted share. During the three months ended March 31, 2021, we recognized a $19.2 million unrealized gain or $0.19 per diluted share as compared to an $(83.1) million unrealized (loss) or $(0.85) per diluted share for the three months ended Marc

Equity Commonwealth to Transition into the Industrial Sector Equity Commonwealth (NYSE:EQC) and Monmouth Real Estate Investment Corporation (NYSE:MNR), or Monmouth, today announced that they have entered into a definitive merger agreement by which Equity Commonwealth will acquire Monmouth in an all-stock transaction, valued at approximately $3.4 billion, including the assumption of debt. The combined company is expected to have a pro forma equity market capitalization of approximately $5.5 billion. Under the terms of the agreement, Monmouth shareholders will receive 0.67 shares of Equity Commonwealth stock for every share of Monmouth stock they own. Based on the closing price for Equity C

HOLMDEL, NJ, April 01, 2021 (GLOBE NEWSWIRE) -- On April 1, 2021, the Board of Directors of Monmouth Real Estate Investment Corporation (NYSE:MNR) declared its quarterly cash dividend on the Company’s Common Stock of $0.18 per share payable June 15, 2021, to shareholders of record at the close of business on May 17, 2021. The Company’s annual dividend rate on its Common Stock is $0.72 per share. Also on April 1, 2021, the Board of Directors declared a dividend for the period March 1, 2021 through May 31, 2021, of $0.3828125 per share on the Company’s 6.125% Series C Cumulative Redeemable Preferred Stock payable June 15, 2021 to shareholders of record as of the close of business on Ma

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 Monmouth’s common and preferred shares during the calendar year ended December 31, 2020. Common - CUSIP 609720107 Shown as Dollars ($) Payment DateDistributions Paid Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecap Sec 1250 Gain(2b)Return of Capital (3)Section 199A Dividends (5)3/16/2020$0.170000$0.061898$0.000000$0.000000$0.108102$0.0618986/15/2020$0.170000$0.

HOLMDEL, N.J., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”) today announced that its Fiscal 2020 Annual Report is now available on the Company’s website at: http://www.mreic.reit/annualreport2020/ For its 2020 fiscal year, the Company: Significantly outperformed the MSCI US REIT Index.Extended the Company’s long track record of profitable growth and superior shareholder value creation, delivering total returns of 972%, 207%, 81% and 1% over the 20, 10, 5 and 1 year periods ending on September 30, 2020, respectively.Achieved the highest occupancy rate in the sector at 99.4%, increased to 99.7% thus far in fisca

NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a full‐service, boutique investment bank and broker‐dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2020. This quarter, there are constituent changes within three of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), the KBW Nasdaq Insurance Index (Index Ticker: KIX), and the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are also a number of changes to the two modified-divi