Boston Properties, Inc.
S&P 500BXP/Real Estate · REIT - Office/NYSE
Dividend Yield
4.74%
$3.08 · Annual Dividend
Dividend Safety Rating
BXP's dividend shows some areas that warrant monitoring. Strengths include a 38.4% ffo payout ratio & 49.9% fcf payout ratio. Areas of concern: 1.6x interest coverage & 60.7% net debt / total assets. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.
Based on 15 of 15 metrics
Strengths
- FFO Payout Ratio: 38.4%Dividends are well covered by funds from operations (FFO).
- Operating Margin: 25.7%Healthy operating margin provides a wide buffer.
- Gross Margin: 59.6%High gross margin signals strong pricing power.
Risks
- 5-Year Dividend CAGR: -3.0%Dividend growth has been weak or negative.
- Interest Coverage: 1.6xInterest coverage is thin relative to debt servicing.
- Net Debt / Total Assets: 60.7%Net debt is high relative to total assets.
Payout & Coverage
SafeBalance Sheet
WarningProfitability
SafeDividend Track Record
SafeAbout Boston Properties, Inc.
Boston Properties, Inc. is a publicly traded real estate investment trust focused on owning, developing, and managing premier commercial workplaces across major U.S. markets. The company specializes in high-quality office properties, life science facilities, and mixed-use developments in key gateway cities including Boston, Los Angeles, New York City, San Francisco, Seattle, and Washington, D.C. It provides comprehensive property management services, encompassing nonresidential property oversight, real estate brokerage, and related operations to support tenant needs and operational efficiency. Boston Properties, Inc. emphasizes creating exceptional environments that foster corporate culture, workforce productivity, and business growth for forward-thinking organizations. Its portfolio features environmentally conscious designs and innovative spaces tailored for dynamic industries such as technology, finance, and professional services. As a leader in the commercial real estate sector, the company plays a vital role in shaping urban landscapes and supporting economic vitality in top-tier business districts. Founded in 1970 and headquartered in Boston, Massachusetts, Boston Properties, Inc. continues to deliver premier real estate solutions nationwide.
Dividend Overview
Dividend Yield
4.74%
Annual Dividend
$3.08
Frequency
Quarterly
Payout Ratio
154.77%
FCF Payout Ratio
49.86%
52-Week Range
$49.72 - $79.33
Dividend History (2016–2025)
BXP annual dividend per share and yield history
Earnings & Profitability
BXP earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
June 30, 2026
Next Payment Date
July 31, 2026
Dividend Growth
3-Year Dividend CAGR
-5.01%
5-Year Dividend CAGR
-3.04%
10-Year Dividend CAGR
0.49%
3-Year Total Growth
-14.29%
5-Year Total Growth
-14.29%
10-Year Total Growth
5.00%
Income Calculator
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.