Boston Props: Dividend Insights
Portfolio Pulse from Benzinga Insights
Boston Props (NYSE:BXP) announced a quarterly dividend of 98 cents per share, with the ex-dividend date set for Thursday. Shareholders owning BXP by the end of Wednesday's session will be eligible for the dividend payout, which will be distributed on July 31, 2023.
June 26, 2023 | 2:45 pm
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Boston Props' announcement of a 98 cents per share quarterly dividend may lead to a short-term decrease in stock price as it goes ex-dividend on Thursday.
The stock price of Boston Props (BXP) is expected to decrease in the short term as it goes ex-dividend on Thursday. This is because the stock will trade lower to reflect the 98 cents per share dividend payout. Shareholders who own BXP by the end of Wednesday's session will be eligible for the dividend, which will be paid out on July 31, 2023.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100