Ru Back Packer

Quotes delayed 20 minutes



If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Ru Back Packer Staff, updated Thursday, February 1, 9:05 AM

Slide #69. Monmouth Real Estate Investment Corporation Preferred Stock Offering

Company: Monmouth Real Estate Investment Corporation (NYSE:MNR)
Date announced: 3/6/2017
Shares Offered: 3,000,000
Date of Pricing: 3/6/2017
Price Per Share: $25.00
Preferred Stock Offering Details: Monmouth Real Estate Investment Corporation (NYSE:MNR) (the "Company"), a real estate investment trust (REIT) specializing in single-tenant, net-leased industrial properties, today announced that it has commenced an underwritten public offering of its 6.125% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock"). The Series C Preferred Stock is listed for trading on the New York Stock Exchange under the symbol "MNRprC." -updated 3/6- Monmouth Real Estate Investment Corporation (NYSE: MNR) (the "Company"), a real estate investment trust (REIT) specializing in single-tenant, net-leased industrial properties, today announced that it has priced a public offering of 3,000,000 shares of its 6.125% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock"), liquidation preference of $25.00 per share, at a public offering price of $24.50 per share, before underwriting discounts. In connection with the offering, the Company has granted the underwriters an option for 30 days to purchase up to 450,000 additional shares of Series C Preferred Stock to cover overallotments, if any. The Series C Preferred Stock is listed for trading on the New York Stock Exchange under the symbol "MNRprC." The offering is subject to customary closing conditions and is expected to close on or about March 9, 2017.

Monmouth Real Estate Investment is a real estate investment trust (REIT). Co.'s business is the ownership of real estate. Co.'s investment focus is to own single tenant, industrial buildings, leased to investment-grade tenants or their subsidiaries. Co. also owns a portfolio of REIT investment securities. At Sep 30 2016, Co. held investments in 99 properties located in 30 states: Alabama, Arizona, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington and Wisconsin.

Preferreds: MNR.PRA, MNR.PRB


Open the MNR Page at Ru Back Packer »

Name: Monmouth Real Estate Investment Corp
Website: mreic.com
Sector: REITs
Number of ETFs Holding MNR: 32 (see which ones)
Total Market Value Held by ETFs: $122,469,114
Total Market Capitalization: $1,297,000,000
% of Market Cap. Held by ETFs: 9.44%

Open the MNR Page at Ru Back Packer (in a new window) »

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference

The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500

Preferred Stock Offerings - Slide 69 of 414 | rubackpacker.com | Copyright © 2011 - 2018, All Rights Reserved