See more news releases in Banking & Financial Services | Real Estate | Commercial Real Estate | Dividends

Mission West Properties, Inc. Announces 2010 Dividend Income Tax Treatment

CUPERTINO, Calif., Jan. 24, 2011 /PRNewswire/ -- Mission West Properties, Inc. (Nasdaq: MSW) announced today the tax treatment of its 2010 dividend distributions on its Common Stock. The table below shows the amounts and dates of the quarterly dividend distributions to be reported on the 2010 Form 1099-DIV to shareholders.


Declaration Date	Record Date	Payable Date	Total Distribution per Share	2010 Taxable Ordinary Income	2010 Long-Term Capital Gain
03/24/2010	04/02/2010	04/08/2010	$0.1500	$0.1256	$0.0244
06/17/2010	06/30/2010	07/08/2010	0.1500	0.1256	0.0244
09/16/2010	09/30/2010	10/07/2010	0.1500	0.1256	0.0244
12/16/2010	12/31/2010	01/06/2011	0.1500	0.1256	0.0244
Totals:			$0.6000	$0.5024	$0.0976
Percentages:			100%	83.7%	16.3%

The dividends classified as taxable ordinary income are not "qualified dividend income" and, therefore, are not eligible for capital gains rates. Dividend distributions which are declared and recorded during a calendar year and paid within 30 days of the end of the year are included in that year's distributions. Accordingly, the Company's 2010 dividend distributions include the January 6, 2011 payment to holders of Common Stock.

Company Profile

Mission West Properties, Inc. operates as a self-managed, self-administered and fully integrated REIT engaged in the management, leasing, marketing, development and acquisition of commercial R&D properties primarily located in the Silicon Valley portion of the San Francisco Bay Area. Currently, the Company manages 111 properties totaling approximately 8.0 million rentable square feet. For additional information, please contact Investor Relations at 408-725-0700.

SOURCE Mission West Properties, Inc.

RELATED LINKS
http://www.missionwest.com