Boston Stock To Go Ex-dividend Tomorrow (BXP)

NEW YORK ( TheStreet) -- The ex-dividend date for Boston Properties (NYSE: BXP) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $104.35 as of 10:05 a.m. ET, the dividend yield is 2.1%.

The average volume for Boston has been 976,300 shares per day over the past 30 days. Boston has a market cap of $15.05 billion and is part of the financial sector and real estate industry. Shares are up 4.9% year to date as of the close of trading on Monday.

Boston Properties, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in the ownership and development of office properties. The company has a P/E ratio of 55.9, below the average real estate industry P/E ratio of 93.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Boston as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Boston Ratings Report.

See our dividend calendar or top-yielding stocks list.
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