Boston Properties Declares Regular Quarterly Dividends
March 15 2018 - 4:05PM
Business Wire
Boston Properties, Inc. (NYSE: BXP), one of the largest public
owners and developers of office buildings in the United States,
announced today that its Board of Directors declared a regular
quarterly cash dividend of $0.80 per share of common stock for the
period January 1, 2018 to March 31, 2018 payable on April 30, 2018
to shareholders of record as of the close of business on March 29,
2018.
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, 2018 to
shareholders of record as of the close of business on May 4, 2018
and covers the period from February 16, 2018 to May 15, 2018. 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
50.3 million square feet and consisting of 167 office properties
(including eight properties under construction), six residential
properties (including four properties under construction), five
retail properties 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/20180315006337/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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