BXP Boston Properties Inc

Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today the 2015 tax treatment of its common stock and 5.25% Series B Cumulative Redeemable Preferred Stock distributions as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Boston Properties distributions.

       

Common Shares (CUSIP #101121101)

   

Record Date

 

PaymentDate

 

TotalDistributionper Share

 

TotalDistributionAllocable to2015

 

2015TaxableOrdinaryDividends

 

2015QualifiedDividends(1)

 

2015 TotalCapital GainDistribution

 

2015UnrecapturedSection 1250Gain (2)

  12/31/14   01/28/15   $5.150000(3)   $0.736813 $0.427101 $0.003225 $0.309712 $0.049210 03/31/15 04/30/15 $0.650000 $0.650000 $0.376779 $0.002845 $0.273221 $0.043412 06/30/15 07/31/15 $0.650000 $0.650000 $0.376779 $0.002845 $0.273221 $0.043412 09/30/15 10/30/15 $0.650000 $0.650000 $0.376779 $0.002845 $0.273221 $0.043412 12/31/15 01/28/16 $1.900000(4)   $1.355047   $0.785467   $0.005931   $0.569580   $0.090501   $9.000000 $4.041860 $2.342905 $0.017691 $1.698955 $0.269947 100% 57.9660% 42.0340%   (1) Qualified Dividends is a subset of, and included in, the 2015 Taxable Ordinary Dividends amount. (2) Unrecaptured Section 1250 Gain is a subset of, and included in, the 2015 Total Capital Gain Distribution amount. (3) Amount consists of a $4.50 per share special distribution and a $0.65 per share regular quarterly distribution. (4) Amount consists of a $1.25 per share special distribution and a $0.65 per share regular quarterly distribution.  

The common stock distribution with a record date of December 31, 2014 is a split-year distribution with $0.736813 allocable to 2015 for federal income tax purposes. The common stock distribution with a record date of December 31, 2015 will be a split-year distribution with $1.355047 allocable to 2015 for federal income tax purposes and $0.544953 allocable to 2016 for federal income tax purposes.

       

Series B Preferred (CUSIP #101121408)

   

Record Date

 

PaymentDate

 

TotalDistributionper Share

 

TotalDistributionAllocable to2015

 

2015TaxableOrdinaryDividends

 

2015QualifiedDividends(1)

 

2015 TotalCapital GainDistribution

 

2015UnrecapturedSection 1250Gain (2)

  02/07/15   02/18/15   $0.328125   $0.328125 $0.190201 $0.001436 $0.137924 $0.021915 05/05/15 05/15/15 $0.328125 $0.328125 $0.190201 $0.001436 $0.137924 $0.021915 08/05/15 08/15/15 $0.328125 $0.328125 $0.190201 $0.001436 $0.137924 $0.021915 11/05/15 11/17/15 $0.328125   $0.328125   $0.190201   $0.001436   $0.137924   $0.021915   $1.312500 $1.312500 $0.760804 $0.005744 $0.551696 $0.087660 100% 57.9660% 42.0340%   (1) Qualified Dividends is a subset of, and included in, the 2015 Taxable Ordinary Dividends amount. (2) Unrecaptured Section 1250 Gain is a subset of, and included in, the 2015 Total Capital Gain Distribution amount.  

Boston Properties 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 Class A office space, one hotel, four residential properties and five retail properties. The Company is one of the largest owners and developers of Class A office properties in the United States, concentrated in four markets – Boston, New York, San Francisco and Washington, DC.

For more information about Boston Properties, please visit the Company’s web site at www.bostonproperties.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160119006973/en/

Boston Properties, Inc.Mike LaBelle, 617-236-3300Senior Vice President, Chief Financial OfficerorLori Silverstein, 617-236-3300Vice President, Controller