Boston Properties's latest quarterly dividend of $0.98 per share was on Mar 27, 2024 (ex-date). The annualized dividend distribution of $3.92 per share represents a current dividend yield of 6.68%.
BXP has a dividend yield of 6.68% which is above the Real Estate sector and the industry average. But compared to its Real Estate sector average of 6.52%, Boston Properties's dividend yield is only 2.5% higher. The historical 5-year average of BXP's dividend yield is 4.6%, which is below the current yield.
Boston Properties has a history of paying dividends since 1997. Our records of BXP show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But with the price of the stock up by 11% from a year ago, the dividend yield has decreased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 27, 2024 | Apr 30, 2024 | Mar 18, 2024 | $0.98 | normal |
| Dec 28, 2023 | Jan 30, 2024 | Dec 18, 2023 | $0.98 | normal |
| Sep 28, 2023 | Oct 31, 2023 | Sep 5, 2023 | $0.98 | normal |
| Jun 29, 2023 | Jul 31, 2023 | Jun 20, 2023 | $0.98 | normal |
| Mar 30, 2023 | Apr 28, 2023 | Mar 20, 2023 | $0.98 | normal |
| Dec 29, 2022 | Jan 30, 2023 | Dec 19, 2022 | $0.98 | normal |
| Sep 29, 2022 | Oct 31, 2022 | Sep 16, 2022 | $0.98 | normal |
| Jun 29, 2022 | Jul 29, 2022 | Jun 14, 2022 | $0.98 | normal |
| Mar 30, 2022 | Apr 29, 2022 | Mar 21, 2022 | $0.98 | normal |
| Dec 30, 2021 | Jan 28, 2022 | Dec 20, 2021 | $0.98 | normal |
| Sep 29, 2021 | Oct 29, 2021 | Sep 14, 2021 | $0.98 | normal |
| Jun 29, 2021 | Jul 30, 2021 | Jun 14, 2021 | $0.98 | normal |
| Mar 30, 2021 | Apr 30, 2021 | Mar 18, 2021 | $0.98 | normal |
| Dec 30, 2020 | Jan 28, 2021 | Dec 15, 2020 | $0.98 | normal |
| Sep 29, 2020 | Oct 30, 2020 | Sep 18, 2020 | $0.98 | normal |
| Jun 29, 2020 | Jul 31, 2020 | Jun 19, 2020 | $0.98 | normal |
| Mar 30, 2020 | Apr 30, 2020 | Mar 19, 2020 | $0.98 | normal |
| Dec 30, 2019 | Jan 30, 2020 | Dec 17, 2019 | $0.98 | normal |
| Sep 27, 2019 | Oct 31, 2019 | Sep 17, 2019 | $0.95 | normal |
| Jun 27, 2019 | Jul 31, 2019 | Jun 10, 2019 | $0.95 | normal |
| Mar 28, 2019 | Apr 30, 2019 | Mar 18, 2019 | $0.95 | normal |
| Dec 28, 2018 | Jan 30, 2019 | Dec 17, 2018 | $0.95 | normal |
| Sep 27, 2018 | Oct 31, 2018 | Sep 18, 2018 | $0.95 | normal |
| Jun 28, 2018 | Jul 31, 2018 | Jun 14, 2018 | $0.8 | normal |
| Mar 28, 2018 | Apr 30, 2018 | Mar 15, 2018 | $0.8 | normal |
| Dec 28, 2017 | Jan 30, 2018 | Dec 18, 2017 | $0.8 | normal |
| Sep 28, 2017 | Oct 31, 2017 | Sep 15, 2017 | $0.75 | normal |
| Jun 28, 2017 | Jul 31, 2017 | Jun 16, 2017 | $0.75 | normal |
| Mar 29, 2017 | Apr 28, 2017 | Mar 16, 2017 | $0.75 | normal |
| Dec 28, 2016 | Jan 30, 2017 | Dec 19, 2016 | $0.75 | normal |
| Sep 28, 2016 | Oct 31, 2016 | Sep 1, 2016 | $0.65 | normal |
| Jun 28, 2016 | Jul 29, 2016 | Jun 16, 2016 | $0.65 | normal |
| Mar 29, 2016 | Apr 29, 2016 | Mar 9, 2016 | $0.65 | normal |
| Dec 29, 2015 | Jan 28, 2016 | Dec 17, 2015 | $0.65 | normal |
| Dec 29, 2015 | Jan 28, 2016 | Dec 17, 2015 | $1.25 | special |
| Sep 28, 2015 | Oct 30, 2015 | Sep 16, 2015 | $0.65 | normal |
BXP has a payout ratio of 324% which is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 137.9%, Boston Properties's payout ratio is 135% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BXP Boston Properties Inc | 6.68% | $3.92 | 324% |
| MSFT Microsoft Corp | 0.71% | $2.86 | 25.8% |
Yes, Boston Properties has been paying dividends for the last 27 years.
BXP hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2024.
Boston Properties's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.98 per share.
BXP's annualized dividend per share is $3.92.
Boston Properties's current dividend yield is 6.68%.
Boston Properties has a quarterly dividend frequency.
The dividend payout ratio of Boston Properties is 324%.
Boston Properties's dividend yield is similar to the Real Estate sector average.