Mission West Properties, Inc. Declares Third Quarter 2010 Dividend of $.15

Mission West Properties, Inc. MSW announced today that its board of directors has declared a regular quarterly cash dividend of $0.15 per common share payable on October 7, 2010 to all common stockholders of record on September 30, 2010. The dividend is equivalent to an annual rate of $0.60 per share, which represents an 8.75% percent annualized yield based on the latest closing price of $6.86 per share. The company intends to make regular quarterly distributions to holders of its common stock based upon its cash available for distribution. See 4 Strong Buys here for free.