BXP Dividend History & Analysis | 4.9% Yield

BXP has a dividend yield of 4.9% and paid 3.36 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.89%
Payout Ratio 2.6%
Growth Rate CAGR 5y -3.78%
Consistency Lifetime 92.4%
Yield on Cost 5y 4.84%
Payout FCF 105.6%
Streak Years 29
Dividend Rating 35.53%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Diversified REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
NLOP 301 M 51.1% 103%
OLP 448 M 7.89% 13.2%
GOOD 538 M 9.03% 10.1%
PINE 262 M 7.31% 10.8%
PSTL 547 M 7.19% 8.21%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate (CAGR) Payout Consistency
NLOP 301 M 360% 51.2%
HABA 455 M 36.1% 93.2%
LXP 2,992 M 25.6% 93.8%
EPRT 5,899 M 4.77% 100%
AAT 1,455 M 4.06% 99.0%

Quality Dividend Peers in Diversified REITs

BXP Dividend History: Last 50 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-31 2025-12-31 2026-01-29 Quarterly 0.7 0% 1.02%
2025-09-30 2025-09-30 2025-10-31 Quarterly 0.7 -28.6% 0.94%
2025-06-30 2025-06-30 2025-07-31 Quarterly 0.98 0% 1.45%
2025-03-31 2025-03-31 2025-04-30 Quarterly 0.98 0% 1.47%
2024-12-31 2024-12-31 2025-01-30 Quarterly 0.98 0% 1.33%
2024-09-30 2024-09-30 2024-10-31 Quarterly 0.98 0% 1.23%
2024-06-28 2024-06-28 2024-07-31 Quarterly 0.98 0% 1.61%
2024-03-27 2024-03-28 2024-04-30 Quarterly 0.98 0% 1.61%
2023-12-28 2023-12-29 2024-01-30 Quarterly 0.98 0% 1.39%
2023-09-28 2023-09-29 2023-10-31 Quarterly 0.98 0% 1.69%
2023-06-29 2023-06-30 2023-07-31 Quarterly 0.98 0% 1.75%
2023-03-30 2023-03-31 2023-04-28 Quarterly 0.98 0% 1.85%
2022-12-29 2022-12-30 2023-01-30 Quarterly 0.98 0% 1.49%
2022-09-29 2022-09-30 2022-10-31 Quarterly 0.98 0% 1.31%
2022-06-29 2022-06-30 2022-07-29 Quarterly 0.98 0% 1.09%
2022-03-30 2022-03-31 2022-04-29 Quarterly 0.98 0% 0.75%
2021-12-30 2021-12-31 2022-01-28 Quarterly 0.98 0% 0.85%
2021-09-29 2021-09-30 2021-10-29 Quarterly 0.98 0% 0.87%
2021-06-29 2021-06-30 2021-07-30 Quarterly 0.98 0% 0.85%
2021-03-30 2021-03-31 2021-04-30 Quarterly 0.98 0% 0.96%
2020-12-30 2020-12-31 2021-01-28 Quarterly 0.98 0% N/A
2020-09-29 2020-09-30 2020-10-30 Quarterly 0.98 0% N/A
2020-06-29 2020-06-30 2020-07-31 Quarterly 0.98 0% N/A
2020-03-30 2020-03-31 2020-04-30 Quarterly 0.98 0% N/A
2019-12-30 2019-12-31 2020-01-30 Quarterly 0.98 3.2% N/A
2019-09-27 2019-09-30 2019-10-31 Quarterly 0.95 0% N/A
2019-06-27 2019-06-28 2019-07-31 Quarterly 0.95 0% N/A
2019-03-28 2019-03-29 2019-04-30 Quarterly 0.95 0% N/A
2018-12-28 2018-12-31 2019-01-30 Quarterly 0.95 0% N/A
2018-09-27 2018-09-28 2018-10-31 Quarterly 0.95 18.8% N/A
2018-06-28 2018-06-29 2018-07-31 Quarterly 0.8 0% N/A
2018-03-28 2018-03-29 2018-04-30 Quarterly 0.8 0% N/A
2017-12-28 2017-12-29 2018-01-30 Quarterly 0.8 6.7% N/A
2017-09-28 2017-09-29 2017-10-31 Quarterly 0.75 0% N/A
2017-06-28 2017-06-30 2017-07-31 Quarterly 0.75 0% N/A
2017-03-29 2017-03-31 2017-04-28 Quarterly 0.75 0% N/A
2016-12-28 2016-12-30 2017-01-30 Quarterly 0.75 15.4% N/A
2016-09-28 2016-09-30 2016-10-31 Quarterly 0.65 0% N/A
2016-06-28 2016-06-30 2016-07-29 Quarterly 0.65 0% N/A
2016-03-29 2016-03-31 2016-04-29 Quarterly 0.65 -65.8% N/A
2015-12-29 2015-12-31 2016-01-28 Quarterly 1.9 192.3% N/A
2015-09-28 2015-09-30 2015-10-30 Quarterly 0.65 0% N/A
2015-06-26 2015-06-30 2015-07-31 Quarterly 0.65 0% N/A
2015-03-27 2015-03-31 2015-04-30 Quarterly 0.65 -87.4% N/A
2014-12-29 2014-12-31 2015-01-28 Quarterly 5.15 692.3% N/A
2014-09-26 2014-09-30 2014-10-31 Quarterly 0.65 0% N/A
2014-06-26 2014-06-30 2014-07-31 Quarterly 0.65 0% N/A
2014-03-27 2014-03-31 2014-04-30 Quarterly 0.65 -77.6% N/A
2013-12-27 2013-12-31 2014-01-29 Quarterly 2.9 346.2% N/A
2013-09-26 2013-09-30 2013-10-31 Quarterly 0.65 0% N/A

BXP Dividend FAQ

Boston Properties Inc. (NYSE:BXP) is the largest publicly-traded REIT focused on premium office spaces in the United States, with a concentrated presence in six “gateway” markets-Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. The company operates as a fully integrated developer, owner, and manager, and as of September 30 2025 its portfolio (including joint-venture assets) comprised roughly 54.6 million sq ft across 187 properties, of which eight were under construction or redevelopment.

What is the Dividend Yield of BXP?

As of January 2026, BXP`s dividend yield is 4.89%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.36 USD by the current share price of 67.98.

Does BXP pay a dividend?

As of January 2026, BXP paid a dividend of 3.36 USD in the last 12 months. The last dividend was paid on 2025-12-31 and the payout was 0.7 USD.

How often does BXP pay dividends?

BXP pays dividends quarterly. Over the last 12 months, BXP has issued 4 dividend payments. The last dividend payment was made on 2025-12-31.

BXP dividend forecast

Based on historical data, the forecasted dividends per share for BXP for the next 4 payments are between 0.735 (+5.0%) and 1.378 (+96.9%).
This represents a strong dividend growth compared to the last payment.

Will BXP pay dividends in 2026?

The latest dividend paid per share was 0.7 USD with an Ex-Dividend Date of 2025-12-31. The next Ex-Dividend date for Boston Properties (BXP) is currently unknown.

What is the next Ex-Dividend Date for BXP?

The next Ex-Dividend date for Boston Properties (BXP) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of BXP?

BXP's average dividend growth rate over the past 5 years is -3.78% per year.
Negative growth: BXP's Dividend growth is negative and declining.

What is the Yield on Cost of BXP?

BXP's 5-Year Yield on Cost is 4.84%. If you bought BXP's shares at 69.49 USD five years ago, your current annual dividend income (3.36 USD per share, trailing 12 months) equals 4.84% of your original purchase price.

What is the Payout Consistency of BXP?

BXP Payout Consistency is 92.4%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Boston Properties has a strong track record of consistent dividend payments over its lifetime.

Does BXP have a good Dividend Yield?

BXP`s 4.89% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of BXP?

The Dividend Payout Ratio of BXP is 2.6%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of BXP?

BXP`s Overall Dividend Rating is 35.53%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

BXP Outstanding Shares Analysis

What is the Trend in BXP's Outstanding Shares?

Boston Properties's outstanding shares have increased by approximately 0.34% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has BXP ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
1997 54,444,400
1998 64,102,600 +17.74%
1999 67,943,000 +5.99%
2000 88,688,000 +30.53%
2001 90,932,000 +2.53%
2002 95,733,000 +5.28%
2003 100,890,000 +5.39%
2004 110,187,000 +9.21%
2005 112,509,000 +2.11%
2006 118,177,000 +5.04%
2007 119,536,000 +1.15%
2008 121,256,000 +1.44%
2009 138,931,000 +14.58%
2010 142,095,000 +2.28%
2011 148,343,000 +4.4%
2012 151,401,000 +2.06%
2013 152,932,000 +1.01%
2014 153,550,000 +0.4%
2015 153,897,000 +0.23%
2016 153,991,000 +0.06%
2017 154,526,000 +0.35%
2018 154,773,000 +0.16%
2019 154,992,000 +0.14%
2020 155,731,000 +0.48%
2021 156,654,000 +0.59%
2022 157,112,000 +0.29%
2023 157,276,000 +0.1%
2024 157,468,000 +0.12%
2025 158,345,000 +0.56%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-10 02:39