BOSTON, June 21 /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 April 1, 1999 to June 30, 1999, payable on
July 28, 1999 to shareholders of record on June 30, 1999.
The Board also declared a dividend of $0.68562 per share of Series A
Convertible Redeemable Preferred Stock. The dividend is payable on August 16,
1999 to shareholders of record as of June 30, 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 located predominantly in the Greater Boston; Greater Washington,
D.C.; midtown Manhattan; Greater San Francisco; Baltimore, Maryland;
Princeton/East Brunswick, New Jersey, and Richmond, Virginia markets. 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,
David G. Gaw, SVP & CFO, of Boston Properties, Inc.,
617-236-3300; General Info, Marianne Stewart, 212-661-8030, or
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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