BXP, Inc. (BXP) to Issue Quarterly Dividend of $0.70 on July 31st

BXP, Inc. (NYSE:BXP) declared a quarterly dividend on Wednesday, June 17th. Investors 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) dividend on an annualized basis and a yield of 4.2%. 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 dividend 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 $7.16 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 Up 2.5%

BXP stock opened at $67.31 on Friday. The stock has a market cap of $10.73 billion, a P/E ratio of 33.82, a P/E/G ratio of 2.91 and a beta of 1.04. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. BXP has a twelve month low of $49.72 and a twelve month high of $79.33. The company’s 50-day moving average price is $61.12 and its two-hundred day moving average price is $61.23.

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

Insider Buying and Selling

In related news, EVP Peter V. Otteni sold 4,863 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Michael E. Labelle sold 26,113 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the sale, the chief financial officer directly owned 5,839 shares of the company’s stock, valued at $387,417.65. This represents a 81.73% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 33,176 shares of company stock worth $2,151,552. Company insiders own 1.50% of the company’s stock.

Institutional Trading of BXP

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Stonehaven Wealth & Tax Solutions LLC increased its stake in BXP by 4.6% in the fourth quarter. Stonehaven Wealth & Tax Solutions LLC now owns 3,691 shares of the real estate investment trust’s stock valued at $249,000 after acquiring an additional 162 shares during the last quarter. Sage Mountain Advisors LLC boosted its holdings in shares of BXP by 4.8% in the 4th quarter. Sage Mountain Advisors LLC now owns 3,722 shares of the real estate investment trust’s stock valued at $251,000 after purchasing an additional 171 shares in the last quarter. Signaturefd LLC increased its stake in shares of BXP by 2.5% in the 4th quarter. Signaturefd LLC now owns 7,383 shares of the real estate investment trust’s stock valued at $498,000 after purchasing an additional 179 shares during the last quarter. Keybank National Association OH raised its holdings in shares of BXP by 5.4% during the 4th quarter. Keybank National Association OH now owns 3,578 shares of the real estate investment trust’s stock worth $241,000 after buying an additional 183 shares in the last quarter. Finally, State of Wyoming lifted its position in shares of BXP by 45.5% during the 4th quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 193 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

About BXP

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.