SAN DIEGO, Jan. 16 /PRNewswire/ -- Burnham Pacific Properties, Inc.
(NYSE: BPP) today announced the tax status of dividends paid to stockholders
for 2000 as follows:
Capital Gain
Cash Taxable Return 20% Unrecaptured
Record Payable Distribution Ordinary Of Rate Sec.
Date Date Per Share Dividend Capital Gain 1250 Gain
03/24/00 03/31/00 $0.2625 $0.0000 $0.1629 $0.0197 $0.0799
06/20/00 06/30/00 $0.2625 $0.0000 $0.1629 $0.0197 $0.0799
09/19/00 09/29/00 $0.1000 $0.0000 $0.0620 $0.0075 $0.0305
12/18/00 12/29/00 $0.1000 $0.0000 $0.0620 $0.0075 $0.0305
Totals: $0.7250 $0.0000 $0.4498 $0.0544 $0.2208
A Form 1099-DIV will be mailed to all shareholders of record that received
dividends in 2000 showing gross dividends paid, ordinary dividends (taxable),
non-taxable (return of capital) distributions, and capital gains.
Burnham Pacific is a real estate investment trust (REIT) that focuses on
retail real estate. More information on Burnham Pacific may be found on the
Company's web site at http://www.burnhampacific.com or by calling 800-462-5181.
SOURCE Burnham Pacific Properties, Inc.
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Related links:
http://www.burnhampacific.com
CONTACT:
Daniel B. Platt, Chief Financial Officer of
Burnham Pacific Properties, Inc., 619-652-4700, Fax,
619-652-4711, dbplatt@bpac.com
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