Boston Properties Declares Regular Quarterly Dividend

Rhea-AI Summary

Boston Properties (NYSE: BXP) announced a quarterly cash dividend of $0.98 per share for the period of October 1, 2021 to December 31, 2021. The dividend is payable on January 28, 2022 to shareholders on record as of December 31, 2021. As the largest publicly traded developer, owner, and manager of Class A office properties in the U.S., Boston Properties holds a portfolio of 52.5 million square feet across 202 properties, including nine under construction, as of September 30, 2021.

Positive

• Quarterly cash dividend of $0.98 per share announced for Q4 2021, reflecting strong financial health.

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• 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 October 1, 2021 to December 31, 2021 payable on January 28, 2022 to shareholders of record as of the close of business on December 31, 2021.

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 September 30, 2021, the Company’s portfolio totaled 52.5 million square feet and 202 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/20211220005765/en/

At the Company

Mike LaBelle

Executive Vice President

Chief Financial Officer

617.236.3352

Laura Sesody

Vice President, Corporate Marketing & Communication

lsesody@bxp.com

Source: Boston Properties, Inc.

FAQ

What is the dividend amount announced by Boston Properties for Q4 2021?

Boston Properties announced a quarterly cash dividend of $0.98 per share for the fourth quarter of 2021.

When will the dividend be paid to shareholders?

The dividend will be payable on January 28, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is December 31, 2021.

How many properties does Boston Properties own?

Boston Properties owns a portfolio comprising 202 properties as of September 30, 2021.

What markets does Boston Properties primarily operate in?

Boston Properties primarily operates in six major markets: Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC.