BOSTON--(BUSINESS WIRE)--Jun. 16, 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 April 1,
2016 to June 30, 2016 payable on July 29, 2016 to shareholders of record
as of the close of business on June 30, 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 August 15, 2016 to shareholders of record
as of the close of business on August 5, 2016 and covers the period from
May 16, 2016 to August 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, five retail properties, four residential 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 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