BXP, Inc. (NYSE:BXP) Declares Quarterly Dividend of $0.70

BXP, Inc. (NYSE:BXP) declared a quarterly dividend on Wednesday, June 17th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.70 per share by the real estate investment trust on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Tuesday, June 30th.

BXP has decreased its dividend payment by an average of 0.0%per year over the last three years. BXP has a payout ratio of 147.4% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect BXP to earn $7.17 per share next year, which means the company should continue to be able to cover its $2.80 annual dividend with an expected future payout ratio of 39.1%.

BXP Price Performance

NYSE:BXP opened at $63.02 on Thursday. BXP has a 52-week low of $49.72 and a 52-week high of $79.33. The company has a market cap of $10.05 billion, a P/E ratio of 31.67, a P/E/G ratio of 2.84 and a beta of 1.04. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22. The stock’s 50-day simple moving average is $59.48 and its 200 day simple moving average is $61.46.

BXP (NYSE:BXP) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.94). The company had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. The business’s revenue for the quarter was up .8% on a year-over-year basis. During the same period last year, the company posted $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, sell-side analysts forecast that BXP will post 6.95 EPS for the current fiscal year.

BXP Company Profile

Boston Properties, Inc (NYSE: BXP) is a publicly traded real estate investment trust (REIT) specializing in the ownership, management, and development of Class A office properties across major U.S. markets. Headquartered in Boston, Massachusetts, the company’s portfolio comprises high-quality office buildings, mixed-use developments and select retail assets designed to serve leading corporations in key metropolitan areas.

Established in 1970 by Mortimer B. Zuckerman, Boston Properties has grown through disciplined acquisitions and strategic ground-up developments.