KENT FINANCIAL SERVICES INC
8-K, 1998-10-15
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934




Date of Report: (Date of earliest event reported)         October 14, 1998


                          Kent Financial Services, Inc.
             (Exact name of registrant as specified in its charter)

                                    Delaware
                 (State or other jurisdiction of Incorporation)


        1-7986                                            75-1695953  
(Commission File Number)                    (IRS Employer Identification Number)


     376 Main Street, P.O. Box 74                                       07921
(Address of Principal Executive Offices)                             (Zip Code)


                                  908-234-0078
              (Registrant's Telephone Number, including area code)

                                 Not Applicable
         (Former name or former addresses, if changed since last report)


<PAGE>

Item 5. Other Events
- --------------------
     
     On October 15, 1998 Kent Financial  Services,  Inc. announced that it would
split  its  stock  two for one  with a record  date of  October  26,  1998 and a
distribution date of November 9, 1998.  A copy of the press release is attached.
    


Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
- ---------------------------------------------------------------------------

(c)     Exhibits

Item    Exhibit

99      Press Release      


<PAGE>


                                    SIGNATURE


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                                  KENT FINANCIAL SERVICES, INC.


                                                  By: /s/ John W. Galuchie, Jr.
                                                      --------------------------
                                                  Name:  John W. Galuchie, Jr.
                                                  Title: Vice President

Dated: October 15, 1998





                              N E W S R E L E A S E


October 15, 1998                                       Direct Inquiries To:
                                                       Paul O. Koether, Chairman
                                                       (908) 234-0078



     BEDMINSTER,  NEW JERSEY - KENT  FINANCIAL  SERVICES,  INC.  (NASDAQ - KENT)
today  announced  it would split its stock two for one.  The record date for the
stock split will be October 26, 1998 and  distribution  date will be November 9,
1998.  After the stock split,  Kent will have  1,992,114  shares of common stock
outstanding.





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