Dividend information about BXP: Everything You Need to Know before its exdividend date Sep 30, 2025

BXP (BXP) has announced a cash dividend of $0.70 per share, with the ex-dividend date set for Sep 30, 2025. This dividend payment will be distributed on Oct 31, 2025, and was officially declared on Sep 9, 2025. Comparing this amount to the average of the last ten dividends, which stands at $0.845, the current payout is lower, indicating a reduction from prior levels. The last cash dividend was issued on Jul 31, 2025, at a rate of $0.98 per share, highlighting the continued decline in the company’s dividend per share. Investors should note that Sep 30, 2025, is the final day to purchase the stock and qualify for this dividend distribution, with any transactions occurring afterward excluding investors from this payout.

Over the past week, BXP has made significant financial moves that could impact its capital structure and market perception. The company’s operating partnership, Boston Properties Limited Partnership (BPLP), recently priced an upsized offering of $850.0 million in exchangeable senior notes due in 2030. The offering was increased from an initial $600.0 million and includes a coupon of 2.000%, with interest paid semi-annually. These notes are exchangeable for shares of BXP common stock at a price of approximately $92.44 per share, which represents a 22.5% premium over the recent stock price of $75.46 as of Sept 24, 2025. The proceeds from the offering will be used primarily to repay or redeem the $1.0 billion of 3.650% senior notes due in early 2026.

In addition, BXP has entered into capped call transactions to limit potential dilution from the exchange of these notes. These agreements, with a cap price of approximately $105.64 per share, offer a 40% premium to the recent stock price and are expected to offset dilution or cash outflows if the notes are exchanged. Analysts have noted that these transactions may influence the stock price in the short term due to the hedging activities by counterparties.

Since the last update, BXP has also garnered attention for its market recovery despite the recent dividend cut. Financial commentators have highlighted the company’s strategic capital-raising efforts and its strong position in premier office markets across the U.S. as factors supporting long-term investor confidence. These developments, coupled with the recent debt restructuring, signal a proactive approach to maintaining financial flexibility and addressing upcoming maturities.

In conclusion, BXP has taken decisive steps to bolster its balance sheet and manage its capital structure, including a significant debt refinancing and hedging arrangements to protect shareholder value. For investors, the ex-dividend date of Sep 30, 2025, marks the final opportunity to purchase shares and receive the upcoming $0.70 per share dividend, with any purchase after this date excluding eligibility for the payout.