BOSTON--(BUSINESS WIRE)--Sep. 16, 2015--
Boston Properties, Inc. (NYSE: BXP), a real estate investment trust,
announced today that its Board of Directors declared a regular quarterly
cash dividend of $0.65 per share of common stock for the period July 1,
2015 to September 30, 2015 payable on October 30, 2015 to shareholders
of record as of the close of business on September 30, 2015.
The Board of Directors also declared a regular quarterly cash dividend
upon 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 November 16, 2015 to shareholders of
record as of the close of business on November 5, 2015 and covers the
period from August 16, 2015 to November 15, 2015. Each depositary share
represents 1/100th of a share of Series B Preferred Stock.
Boston Properties is a fully integrated, self-administered and
self-managed real estate investment trust that develops, redevelops,
acquires, manages, operates and owns a diverse portfolio of Class A
office space, one hotel, two residential properties and five retail
properties. The Company is one of the largest owners and developers of
Class A office properties in the United States, concentrated in four
markets – Boston, New York, San Francisco and Washington, DC.
For more information about Boston Properties, please visit the Company’s
web site at www.bostonproperties.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150916006297/en/
Source: Boston Properties
Arista Joyner, 617-236-3343