Boston Stock To Go Ex-dividend Tomorrow (BXP)

NEW YORK ( TheStreet) -- The ex-dividend date for Boston Properties (NYSE: BXP) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $104.19 as of 9:35 a.m. ET, the dividend yield is 2.1%.

The average volume for Boston has been 950,000 shares per day over the past 30 days. Boston has a market cap of $15.48 billion and is part of the financial sector and real estate industry. Shares are up 3.7% 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 54.4, above the average real estate industry P/E ratio of 51.7 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 revenue growth, good cash flow from operations, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Boston Ratings Report.

See our dividend calendar or top-yielding stocks list.
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