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Boston Properties Announces 2020 Tax Treatment of Its Distributions

Boston Properties (BXP) has announced the 2020 tax treatment for distributions on its common stock and 5.25% Series B Cumulative Redeemable Preferred Stock.

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Boston Properties, Inc. (NYSE: BXP), the largest publicly traded owner and manager of Class A office properties in the United States, announced today the 2020 tax treatment of distributions on its common stock and 5.25% Series B Cumulative Redeemable Preferred Stock, as described below. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment to them of these distributions.

Common Shares (CUSIP #101121101)

Record
Date

 

Payment
Date

 

Total
Distribution
per Share

 

Total
Distribution
Allocable to
2020

 

2020
Taxable
Ordinary
Dividends

 

2020
Qualified
Dividends
(1)

 

2020
Short-
term
Capital
Gain (1)

 

2020 Total
Capital Gain
Distribution

 

2020
Unrecaptured
Section 1250
Gain (2)

 

2020
Section
199A
Dividends
(1)

 

2020 Non-
taxable
Distribution
(Return of
Capital)

12/31/2019

 

1/30/2020

 

$0.980000

 

$0.940748

 

$0.610620

 

$0.004601

 

$0.002679

 

$0.239847

 

$0.029352

 

$0.603340

 

$0.090281

3/31/2020

 

4/30/2020

 

$0.980000

 

$0.980000

 

$0.636097

 

$0.004793

 

$0.002791

 

$0.249854

 

$0.030577

 

$0.628513

 

$0.094049

6/30/2020

 

7/31/2020

 

$0.980000

 

$0.980000

 

$0.636097

 

$0.004793

 

$0.002791

 

$0.249854

 

$0.030577

 

$0.628513

 

$0.094049

9/30/2020

 

10/30/2020

 

$0.980000

 

$0.980000