Boston Properties Declares Initial Dividend on Series B Preferred Stock
BOSTON -- April 3, 2013
Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced
today that its Board of Directors declared the initial dividend for the
Company’s 5.25% Series B Cumulative Redeemable Preferred Stock (the “Series B
Preferred Stock”). The cash dividend of $0.178646 per depositary share is
payable on May 15, 2013 to stockholders of record as of the close of business
on May 3, 2013 and covers the period from March 27, 2013 through and including
May 15, 2013. Each depositary share represents 1/100^th of a share of the
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,
three residential properties and four retail properties. The Company is one of
the largest owners and developers of Class A office properties in the United
States, concentrated in five markets – Boston, New York, Princeton, San
Francisco and Washington, DC.
Boston Properties, Inc.
Michael Walsh, 617-236-3410
Senior Vice President, Finance
Arista Joyner, 617-236-3343
Investor Relations Manager
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