BOSTON--(BUSINESS WIRE)--Mar. 9, 2016--
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 January
1, 2016 to March 31, 2016 payable on April 29, 2016 to shareholders of
record as of the close of business on March 31, 2016.
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 16, 2016 to shareholders of record as
of the close of business on May 5, 2016 and covers the period from
February 16, 2016 to May 15, 2016. 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, four 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.
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Source: Boston Properties, Inc.
Boston Properties, Inc.
Arista Joyner, 617-236-3343