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Fri, January 27, 2012 Mission West Properties, Inc. Announces 2011 Dividend Income Tax Treatment
Mission West Properties, Inc. Announces 2011 Dividend Income Tax Treatment -- CUPERTINO, Calif., Jan. 27, 2012 /PRNewswire/ --
Mission West Properties, Inc. Announces 2011 Dividend Income Tax Treatment
CUPERTINO, Calif., Jan. 27, 2012 /PRNewswire/ -- Mission West Properties, Inc. (NASDAQ: MSW) announced today the tax treatment of its 2011 dividend distributions on its Common Stock. The table below shows the amounts and dates of the quarterly dividend distributions to be reported on the 2011 Form 1099-DIV to shareholders.
Declaration Date |
Record Date |
Payable Date |
Total Distribution per Share | 2011 Taxable Ordinary Income |
2011 Long-Term Capital Gain |
03/17/2011 | 03/31/2011 | 04/07/2011 | $0.1300 | $0.1240 | $0.0060 |
06/15/2011 | 06/30/2011 | 07/07/2011 | 0.1300 | 0.1240 | 0.0060 |
09/15/2011 | 09/30/2011 | 10/06/2011 | 0.1300 | 0.1240 | 0.0060 |
12/16/2011 | 12/30/2011 | 01/05/2012 | 0.1300 | 0.1240 | 0.0060 |
Totals: | $0.5200 | $0.4960 | $0.0240 | ||
Percentages: | 100% | 95.38% | 4.62% | ||
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 2011 dividend distributions include the January 5, 2012 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.
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