Boston Properties Declares Regular Quarterly Dividends
17 March 2017 - 7:36AM
Business Wire
Boston Properties, Inc. (NYSE: BXP), a real estate investment
trust, announced today that its Board of Directors declared a
regular quarterly cash dividend of $0.75 per share of common stock
for the period January 1, 2017 to March 31, 2017 payable on April
28, 2017 to shareholders of record as of the close of business on
March 31, 2017.
The Board of Directors also declared a regular quarterly cash
dividend for the Company’s 5.25% Series B Cumulative Redeemable
Preferred Stock (the “Series B Preferred Stock”). The cash dividend
of $0.328125 per depositary share is payable on May 15, 2017 to
shareholders of record as of the close of business on May 5, 2017
and covers the period from February 16, 2017 to May 15, 2017. Each
depositary share represents 1/100th of a share of Series B
Preferred Stock.
Boston Properties is a fully integrated real estate investment
trust that develops, redevelops, acquires, manages, operates and
owns a diverse portfolio of primarily Class A office space totaling
47.7 million square feet and consisting of 164 office properties
(including six properties under construction) five retail
properties, four residential properties (including two properties
under construction) and one hotel. The Company is one of the
largest owners and developers of Class A office properties in the
United States, concentrated in five markets—Boston, Los Angeles,
New York, San Francisco and Washington, DC.
For more information about Boston Properties, please visit the
Company’s web site at www.bostonproperties.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170316006306/en/
Boston Properties, Inc.Mike LaBelle, 617-236-3352Executive Vice
PresidentChief Financial OfficerorArista Joyner,
617-236-3343Investor Relations Manager
Boston Properties (NYSE:BXP)
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