Mission West Properties, Inc. Announces 2009 Dividend Income Tax Treatment

Jan 20, 2010, 14:30 ET from Mission West Properties, Inc.

CUPERTINO, Calif., Jan. 20 /PRNewswire-FirstCall/ -- Mission West Properties, Inc. (Nasdaq: MSW) announced today the tax treatment of its 2009 dividend distributions. The table below shows the amounts and dates of the quarterly dividend distributions to be reported on the 2009 Form 1099 to shareholders.





Declaration Date




Record Date




Payable Date


Total

Distribution

per Share

2009

Taxable Ordinary Income


2009

Return of

Capital

03/17/2009

03/31/2009

04/09/2009

$0.2000

$0.1869

$0.0131

06/22/2009

06/30/2009

07/09/2009

0.1500

0.1401

0.0099

09/17/2009

09/30/2009

10/08/2009

0.1500

0.1401

0.0099

12/15/2009

12/31/2009

01/07/2010

0.1500

0.1401

0.0099

2009 Totals

$0.6500

$0.6072

$0.0428



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 2009 dividend distributions include the January 7, 2010 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