X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CUPERTINO, CA-Mission West Properties Inc. declared a common stock dividend this week that is 9% higher than last quarter. The real estate investment trust declared a third quarter cash dividend of $0.24 per share on its common stock payable on October 11, 2001 to all common stockholders of record on September 28, 2001.

Since its first dividend in April 1999 of $0.12 per common share, MSW has had six dividend increases totaling $0.12 per common share, an increase of 100%. In trading today — the first day back since the terrorist attack — shares of MSW dropped off by nearly $1 early in the day before rebounding slightly. In afternoon trading Monday, shares of MSW stood at $12.24, off $0.on the day.

Mission West focuses on management, leasing, marketing, development and acquisition of commercial R&D properties, primarily located in the Silicon Valley portion of the San Francisco Bay Area. The Company now manages 93 properties totaling approximately 6.4 million square feet.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.