Boston Properties Inc. announced on Friday that its Board declared a Quarterly Dividend of 50 cents. The dividend is payable April 30. Boston Properties Inc. trades on the “New York Stock Exchange” under the stock symbol “BXP”. For More information regarding “BXP”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Real estate investment trust Boston Properties Inc. (NYSE:BXP) said Friday its board declared a quarterly dividend of 50 cents. The dividend is payable April 30 to shareholders of record at the close of business on March 31.
About Boston Properties Inc:
Boston Properties, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in the ownership and development of office properties. Its properties are located in Boston, Massachusetts; Washington, D.C.; midtown Manhattan, New York; San Francisco, California; and Princeton, New Jersey. As of December 31, 2008, the company owned interests in 147 properties, totaling approximately 49.8 million net rentable square feet and structured parking for vehicles containing approximately 11.2 million square feet. Its properties also included 143 office properties, 1 hotel, and 3 retail properties. In addition, the company owned or controlled an undeveloped land totaling approximately 509.3 acres. Boston Properties, Inc. has elected to be taxed as REIT under the Internal Revenue Code and would not be subject to federal income taxes, if it distributes approximately at least 90% of its taxable income to its shareholders. The company was founded in 1970 and is based in Boston, Massachusetts.
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