BOSTON, March 22 /PRNewswire/ -- The Board of Directors of Boston
Properties, Inc. (NYSE: BXP) today declared a dividend of $0.425 per share of
common stock for the period January 1, 1999 to March 31, 1999, payable on
April 28, 1999 to shareholders of record on March 31, 1999.
The Board also declared a dividend of $0.64795 per share of Series A
Convertible Redeemable Preferred Stock. The dividend is payable on May 17,
1999 to shareholders of record as of March 31, 1999.
Boston Properties, Inc. is a fully integrated, self-administered and self-
managed real estate investment trust that develops, redevelops, acquires,
manages, operates and owns a diverse portfolio of office, industrial and hotel
properties predominantly located in Greater Boston, Midtown Manhattan, Greater
Washington, D.C., San Francisco, California, Princeton/East Brunswick, New
Jersey, Richmond, Virginia and Baltimore, Maryland. The Company is one of the
largest owners and developers of office properties in the United States.
SOURCE Boston Properties, Inc.
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Related links:
http://www.bostonproperties.com
CONTACT:
Edward H. Linde, President, CEO, & Director,
and David G. Gaw, SVP & CFO, 617-859-2600; or General Info.,
Marianne Stewart, 212-661-8030, Analysts, Claire Koeneman,
312-266-7800, or Media, Judith Sylk-Siegel, 212-661-8030, all of
The Financial Relations Board
NOTE TO EDITORS: To receive Boston Properties' latest news and
corporate developments via fax at no cost, please call
1-800-PRO-INFO; use company code BXP. Visit the Company's web
site at http://www.bostonproperties.com. Also see
http://www.frbinc.com
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