Monmouth Real Estate Investment : MREIC Announces Tax Treatment For 2021 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, 2022

Contact: Becky Coleridge 732-577-9996

MONMOUTH REAL ESTATE ANNOUNCES TAX TREATMENT

FOR 2021 DISTRIBUTIONS

HOLMDEL, NJ, JANUARY 26, 2022……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 ($)

								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)
3/15/2021		$0.180000	$0.079282	$0.011748	$0.000000		$0.088970	$0.079282
6/15/2021		$0.180000	$0.070231	$0.030956	$0.000000		$0.078813	$0.070231
9/15/2021		$0.180000	$0.084818	$0.000000	$0.000000		$0.095182	$0.084818
12/15/2021		$0.180000	$0.084818	$0.000000	$0.000000		$0.095182	$0.084818
TOTAL		$0.720000	$0.319149	$0.042704	$0.000000		$0.358147	$0.319149
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)
3/15/2021	$0.180000		44.045571%		6.526859%		0.000000%		49.427570%		44.045571%
6/15/2021	$0.180000		39.017319%		17.197773%		0.000000%		43.784908%		39.017319%
9/15/2021	$0.180000		47.121099%		0.000000%		0.000000%		52.878901%		47.121099%
12/15/2021	$0.180000		47.121099%		0.000000%		0.000000%		52.878901%		47.121099%
TOTAL	$0.720000		44.326272%		5.931158%		0.000000%		49.742570%		44.326272%

6.125% Series C Cumulative Redeemable Preferred - CUSIP 609720404

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)
3/15/2021	$0.382813	$0.333103	$0.049710	$0.000000	$0.000000	$0.333103
6/15/2021	$0.382813	$0.251828	$0.130985	$0.000000	$0.000000	$0.251828
8/31/2021	$0.382813	$0.382813	$0.000000	$0.000000	$0.000000	$0.382813
12/15/2021	$0.382813	$0.382813	$0.000000	$0.000000	$0.000000	$0.382813
TOTAL	$1.531252	$1.350557	$0.180695	$0.000000	$0.000000	$1.350557

Shown as a Percentage (%)

	Distributions			Unrecap Sec
Payment	Paid Per	Non-Qualifying Ord.	Total Long-Term	1250 Gain	Return of	Section 199A
Date	Share	Income (1a)	Capital Gain (2a)	(2b)	Capital (3)	Dividends (5)
3/15/2021	$0.382813	87.014444%	12.985556%	0.000000%	0.000000%	87.014444%
6/15/2021	$0.382813	65.783614%	34.216386%	0.000000%	0.000000%	65.783614%
8/31/2021	$0.382813	100.000000%	0.000000%	0.000000%	0.000000%	100.000000%
12/15/2021	$0.382813	100.000000%	0.000000%	0.000000%	0.000000%	100.000000%
TOTAL	$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 Company's occupancy rate as of this date is 99.7%.

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