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Boston Properties Declares Quarterly Dividend

Jun 18, 2009 | Reprints | Unlock Link | Print

The board of directors of REIT Boston Properties Inc. has declared a regular quarterly cash dividend of $0.50 per share of common stock for the period April 1 to June 30.

The dividend is payable July 31 to shareholders of record as of the close of business on June 30.

Boston Properties is a fully integrated, self-administered and self-managed real estate investment trust that develops, redevelops, acquires, manages, operates and owns a property portfolio primarily comprised of Class A office space and one hotel.

The company said it is one of the largest owners and developers of Class A office properties in the country, concentrated in five markets – Boston, Midtown Manhattan, Washington, D.C., San Francisco and Princeton, N.J.

Commercial & Industrial