BOSTON--(BUSINESS WIRE)--Apr. 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 1/100th 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.
Source: Boston Properties, Inc.
Boston Properties, Inc.
Michael Walsh, 617-236-3410
Senior
Vice President, Finance
or
Arista Joyner, 617-236-3343
Investor
Relations Manager