Boston Properties Declares Regular Quarterly Dividend

Rhea-AI Summary

Boston Properties (NYSE: BXP) has declared a quarterly cash dividend of $0.98 per share for the period of January 1, 2022, to March 31, 2022. This dividend will be payable on April 29, 2022, to shareholders of record as of the close of business on March 31, 2022. The company remains a leading developer and manager of Class A office properties in the U.S., with a significant portfolio of 52.8 million square feet across major markets such as Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC.

Positive

• Declared a quarterly cash dividend of $0.98 per share.
• Continued confidence in shareholder income through regular dividend payments.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period January 1, 2022 to March 31, 2022 payable on April 29, 2022 to shareholders of record as of the close of business on March 31, 2022.

Boston Properties (NYSE: BXP) is the largest publicly traded developer, owner, and manager of Class A office properties in the United States, concentrated in six markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires, and owns a diverse portfolio of primarily Class A office space. Including properties owned by unconsolidated joint ventures, as of December 31, 2021, the Company’s portfolio totaled 52.8 million square feet and 201 properties, including nine properties under construction/redevelopment. For more information about Boston Properties, please visit our website at www.bxp.com or follow us on LinkedIn or Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220321005278/en/

AT THE COMPANY

Mike LaBelle

Executive Vice President

Chief Financial Officer

mlabelle@bxp.com

Helen Han

Vice President, Investor Relations

hhan@bxp.com

Source: Boston Properties, Inc.

FAQ

What is the dividend amount declared by Boston Properties for Q1 2022?

Boston Properties declared a dividend of $0.98 per share for Q1 2022.

When is the dividend payment date for Boston Properties?

The dividend will be payable on April 29, 2022.

What is the record date for Boston Properties' dividend?

The record date for the dividend is March 31, 2022.

What market segments does Boston Properties focus on?

Boston Properties focuses on Class A office properties across major U.S. markets.

How large is Boston Properties' portfolio?

As of December 31, 2021, Boston Properties' portfolio totaled 52.8 million square feet.