Ex-Div Reminder for Monmouth Real Estate Investment (MNR)

Looking at the universe of stocks we cover at Dividend Channel, on 5/13/15, Monmouth Real Estate Investment Corp ( MNR) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 6/15/15. As a percentage of MNR's recent stock price of $10.14, this dividend works out to approximately 1.48%, so look for shares of Monmouth Real Estate Investment Corp to trade 1.48% lower — all else being equal — when MNR shares open for trading on 5/13/15.

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Below is a dividend history chart for MNR, showing historical dividends prior to the most recent $0.15 declared by Monmouth Real Estate Investment Corp:

MNR+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MNR is likely to continue, and whether the current estimated yield of 5.92% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MNR shares, versus its 200 day moving average:

Monmouth Real Estate Investment Corp 200 Day Moving Average Chart

Looking at the chart above, MNR's low point in its 52 week range is $8.65 per share, with $12.07 as the 52 week high point — that compares with a last trade of $10.14.

According to Preferred Stock Channel, there are 2 series of preferred stock that are senior to MNR — find out what they are ».

In Monday trading, Monmouth Real Estate Investment Corp shares are currently down about 0.7% on the day.

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