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

BXP, Inc. (NYSE:BXP) announced a quarterly dividend on Wednesday, September 16th. Investors of record on Wednesday, September 30th will be given a dividend of 0.70 per share by the real estate investment trust on Friday, October 30th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Wednesday, September 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. Research analysts expect BXP to earn $7.18 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 39.0%.

BXP Stock Up 0.3%

BXP stock opened at $64.05 on Thursday. The business’s 50-day moving average price is $68.14 and its 200 day moving average price is $62.09. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 2.07. The firm has a market cap of $10.23 billion, a price-to-earnings ratio of 34.44, a price-to-earnings-growth ratio of 2.39 and a beta of 1.01. BXP has a 52 week low of $49.72 and a 52 week high of $79.33.

BXP (NYSE:BXP) last announced its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. BXP had a return on equity of 3.88% and a net margin of 8.44%.The company had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. During the same period in the previous year, the company posted $1.71 earnings per share. BXP’s revenue for the quarter was up 3.1% on a year-over-year basis. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. As a group, sell-side analysts anticipate that BXP will post 7.02 earnings per share for the current year.

BXP Company Profile

BXP, Inc (NYSE:BXP), formerly known as Boston Properties, is a publicly traded real estate investment trust that owns, develops, redevelops, and manages commercial properties. The company’s portfolio is primarily focused on office buildings, with additional investments in residential, retail, and life sciences properties.

BXP serves major U.S. metropolitan markets, including Boston, Los Angeles, New York, San Francisco, and Washington, DC Its properties are generally located in established business districts and are designed to accommodate corporate offices, research and development activities, retail operations, and residential tenants.

Founded in 1970, the company has grown into one of the largest owners and developers of office properties in the United States.