Burnham Pacific Properties declares quarterly dividend.SAN DIEGO--(BUSINESS WIRE)--Feb. 22, 1995--Burnham Pacific Properties Inc. (NYSE NYSE See: New York Stock Exchange :BPP (Bits Per Pixel) See bit depth. bpp - bits per pixel ), a San Diego-based equity real estate investment trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ), Wednesday announced that it will pay a first quarter dividend of 36 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , payable March 31, 1995, to shareholders of record on March 20, 1995. The dividend is the same amount paid in the previous quarter, and it represents the 116th consecutive quarterly dividend payout to shareholders without reduction or interruption. Founded in 1963, Burnham Pacific Properties owns 24 commercial properties in San Diego, Santa Clara, Orange and Los Angeles counties with approximately 3.2 million square feet of leaseable area, with an overall occupancy rate in excess of 94 percent. CONTACT: Burnham Pacific Properties Inc., San Diego Jeffrey R. Fisher, 619/232-2001 |
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