Monmouth Real Estate Investment Corp. (MNR) Declares Quarterly Dividend of $0.15
Monmouth Real Estate Investment Corp. (NYSE:MNR) declared a quarterly dividend on Wednesday, January 15th, American Banking and Market News reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.15 per share on Monday, March 17th. This represents a $0.60 dividend on an annualized basis and a yield of 6.77%.
Shares of Monmouth Real Estate Investment Corp. (NYSE:MNR) traded up 0.57% during mid-day trading on Wednesday, hitting $8.86. 169,363 shares of the company’s stock traded hands. Monmouth Real Estate Investment Corp. has a one year low of $8.57 and a one year high of $11.22. The stock has a 50-day moving average of $9.11 and a 200-day moving average of $9.28. The company has a market cap of $402.6 million and a price-to-earnings ratio of 29.27.
Monmouth Real Estate Investment Corp. (NYSE:MNR) last released its earnings data on Wednesday, December 11th. The company reported $0.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.07. The company had revenue of $12.12 million for the quarter, compared to the consensus estimate of $12.16 million. During the same quarter last year, the company posted $0.02 earnings per share. Analysts expect that Monmouth Real Estate Investment Corp. will post $0.20 EPS for the current fiscal year.
Monmouth Real Estate Investment Corporation is an real estate investment trust (NYSE:MNR) that owns real estate.
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