Mission West Properties (MSW) Cuts Qtr. Dividend by 25% to $0.15, Yielding 8.65%
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Mission West Properties, Inc. (Nasdaq: MSW) today announced that its Board has approved a 25% reduction in its quarterly dividend from $0.20 to $0.15 per common share, payable on July 9, 2009 to all common stockholders of record on June 30, 2009.
The ex-dividend date is June 26.
Based on Friday's closing price of $6.94, the dividend yield falls from 11.53% to 8.65%.
The ex-dividend date is June 26.
Based on Friday's closing price of $6.94, the dividend yield falls from 11.53% to 8.65%.
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