BXP Boston Properties
- Price as of: Mar 04, 05:01 PM EST
- Reit - office
BXP Stock Dividend DataAdd BXP to Watchlist
BXP Daily Snapshot
- Quote Time:
- Mar 04, 05:01 PM
- Today's Volume:
- Open Price:
- Day's Range:
- $136.96 - $138.66
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- 52 Week Low / High:
- $109.94 - $146.07
- Percent Off 52 Week High:
BXP Dividend Growth History
Last 5 Yrs
Last 3 Yrs
|Reveal More Dividend Growth History for BXP||9.1%||0.0%||3 years|
BXP Dividend History
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BXP Company Profile
Boston Propoerties- (BXP)-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, 2007, the company owned interests in 139 properties, including approximately 33.9 million net rentable square feet and structured parking for vehicles containing approximately 9.9 million square feet. Its properties also included 135 office properties, 1 hotel, and 3 retail properties. In addition, it owned an undeveloped land totaling approximately 605.2 acres. As a REIT, the capital gains are factored differently. Please consult with an accountant for more info. The company was founded in 1970 and is headquartered in Boston, Massachusetts.
Boston Properties News
Wednesday's Analyst Moves: Digital Realty Trust, Inc., Eaton Vance Corp, The Home Depot, Inc., More (DLR, EV, HD, More)Nov 12, 2014Before Wednesday’s opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
Friday's Analyst Moves: Prudential Financial Inc, Boston Properties, Inc., Wal-Mart Stores, Inc., More (PRU, BXP, WMT, More)May 16, 2014Before Friday’s opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
Mar 20, 2014Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
Oct 8, 2013Bank of America announced on Tuesday that it has lowered its rating on the Massachusetts-based REIT, Boston Properties (), from "Buy" to...
Boston Properties Agrees to Sell 45% Interest in Times Square Tower for $684M (BXP)Sep 9, 2013It was announced early on Monday that Boston Properties, Inc. (BXP) has entered into an agreement with an affiliate of Norges Bank to sell a 45% interest in the ground leasehold interest and related tax credits in Times Square Tower for $684 million. Boston Properties and the affiliate of Norges Bank will form a joint venture upon closing of the deal, and BXP will retain property and leasing management of the venture, Times Square Tower is a 1,246,000 square foot, Class A office tower, including associated retail space and signage, located in the heart of Times Square in New York City. It was developed by Boston Properties and completed in 2004, and it is currently 99% leased. Boston Properties' Executive Chairman, Mortimer B. Zuckerman, commented, "We are extremely pleased to form a new and important relationship with such a strong and reputable organization as Norges Bank, while at the same time once again demonstrating our ability to create and realize value for our shareholders through our development and management expertise." Boston Properties shares were up 41 cents, or 0.39%, during early morning trading on Monday. The stock is down a fraction year-to-date. The Bottom Line Shares of Boston Properties (BXP) offer a dividend yield of 2.47% based on Monday's intraday trading price of $105.28 and the company's annualized dividend payout of $2.60 per share. Boston Properties, Inc. (BXP) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Jefferies Upgrades Boston Properties to "Hold" (BXP)Jun 24, 2013Jefferies reported on Monday that it has upgraded real estate investment trust (REIT), Boston Properties, Inc. (BXP) . The firm has raised its rating on BXP from an "Underweight" to "Hold." Analysts have also increased the company's price target from $112 to $113, suggesting a 11% upside from the stock's current price of $100.36. An analyst from the firm noted, "with the economy beginning to show real signs of improvement, we would expect to see office landlords, particularly those in CBD markets like NYC, Boston, and San Francisco, benefit from higher rents and occupancies. As such, we are moving to a Market Weight on Office from Underweight. We maintain a preference to niche office sectors (e.g. BMR) but are now neutral in regards to CBD (vs. our suburban preference previously)." Boston Properties shares were down $1.46, or 1.43%, during Monday morning trading. The stock is down 5% YTD. The Bottom Line Shares of Boston Properties, Inc. (BXP) have a 2.59% yield, based on Monday morning's price of $100.53. Boston Properties, Inc. (BXP) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Boston Properties Misses Estimates; Lowers Outlook (BXP)May 1, 2013Real estate investment trust (REIT), Boston Properties, Inc. (BXP) reported a drop in first quarter FFO, which came in well below analysts estimates. The company has also reduced its FY2013 outlook. The Boston, MA based company reported first quarter funds from operations (FFO) of $160.6 million, or $1.06 per share, down -3% from $166.7 million, or $1.12 per share last year. Analysts expected to see FFO of $1.21 per share. Earnings for the quarter came in at $47.9 million, or 31 cents per share, down from $48.5 million, or 33 cents per share last year. Revenue for the quarter was $485.40 million from $450.5 million last year. Analysts expected to see revenue of $470.03 million. Looking ahead, the company expects to see second quarter earnings between 85 cents and 87 cents per share, and FFO between $1.25 and $1.27 per share. Analysts expected to see FFO of $1.29 per share. For FY2013, the company estimates earnings between $2.27 and $2.37 per share, and FFO between $4.97 and $5.07 per share. The company previously expected to see FFO between $5.06 and $5.18 per share. Analysts expect the company to report FFO of $5.17 per share. Boston Properties shares were down 68 cents, or -0.62% during Wednesday morning trading. The stock has been mostly flat in the past year. The Bottom Line Shares of Boston Properties, Inc. (BXP) have a 2.38% yield, based on Wednesday morning's price of $109.43. Boston Properties, Inc. (BXP) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Morgan Stanley Upgrades Boston Properties (BXP)Apr 16, 2013Morgan Stanley reported on Tuesday that it has increased its rating on real estate investment trust (REIT), Boston Properties, Inc. (BXP) . The firm has upgraded BXP from an "Equal Weight" to an "Overweight," and has increased the company's price target from $113 to $123. This price target suggests a 11% upside from the stock's current price of $109.10. Analyst Vance H. Edelson commented, “while we're cautious on the Office group, BXP is a bellwether REIT with a quality portfolio and strong development pipeline. East Coast fundamentals are slowly on the mend and BXP has exposure to niche verticals as well. The stock has underperformed as investors pulled out of higher quality names and is now attractively valued and as a blue chip, should be a beneficiary of inbound international fund flows. Our Investor Connect survey suggests potential upside for the shares.” Boston Properties shares were up 82 cents, or 0.76% during Tuesday morning trading. The stock has increased 7% in the past year. The Bottom Line Shares of Boston Properties, Inc. (BXP) have a 2.38% yield, based on Tuesday morning's price of $109.12. Boston Properties, Inc. (BXP) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Apr 3, 2013These were some of the biggest dividend stock performers on the upside and the downside in today's market action. Highlights Kohl's Corporation...
Boston Properties CEO Set to Step Down (BXP)Mar 12, 2013Real estate investment trust (REIT), Boston Properties, Inc. (BXP) reported on Monday that CEO, Mortimer Zuckerman will be resigning from his position in the company. Boston Properties, which is the largest U.S office REIT, reported that Mortimer Zuckerman will step down from his position as CEO and be replaced by former Lehman Brothers chairman, Owen Thomas. Zuckerman will remain executive chairman for the company. Owen Thomas will take on his new position as BXP's CEO on April 2. Thomas has overseen the liquidation of assets to repay creditors in the 2008 Lehman Brothers bankruptcy. He also was the head of the real estate division at Morgan Stanley (MS) from 1994 to 2005. BXP was the worst performing REIT in the Bloomberg REIT Office Property Index in the past year. The REIT increased 1.7%, compared with the average 10% upside for the 16 REITs in the index. Finding a appropriate CEO for the REIT has been the company's focus and some were surprised with the outcome. Many believed BXP's founder Ed Linde’s son, Douglas Linde, who is the president of the company would be offered the position. Thomas will be paid $750,000 in base salary and a bonus expected to be 230% of his salary. He will also receive an equity grant worth $4.5 million, which will include stocks and options of the company. Boston Properties shares were mostly flat during Tuesday morning trading. The stock has been mostly flat in the past year. The Bottom Line Shares of Boston Properties, Inc. (BXP) have a 2.51% yield, based on Tuesday morning's price of $103.69. Boston Properties, Inc. (BXP) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story