BXP, Inc. (NYSE:BXP) to Issue $0.70 Quarterly Dividend

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

BXP has decreased its dividend by an average of 0.0%annually over the last three years. BXP has a payout ratio of 147.4% indicating that 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 Stock Down 4.1%

NYSE BXP opened at $63.02 on Thursday. The stock’s 50 day moving average is $59.48 and its 200 day moving average is $61.46. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07. BXP has a 12 month low of $49.72 and a 12 month high of $79.33. The stock has a market cap of $10.05 billion, a PE ratio of 31.67, a P/E/G ratio of 2.84 and a beta of 1.04.

BXP (NYSE:BXP) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). BXP had a return on equity of 4.13% and a net margin of 9.09%.The business had revenue of $872.15 million during the quarter, compared to analysts’ expectations of $843.11 million. During the same period in the prior year, the firm posted $1.64 earnings per share. The firm’s revenue for the quarter was up .8% on a year-over-year basis. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Research analysts predict 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.