Boston Properties Series B Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 11/1/13, Boston Properties, Inc.'s 5.25% Series B Cumulative Redeemable Preferred Stock (NYSE: BXP.PRB) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 11/15/13. As a percentage of BXP.PRB's recent share price of $21.75, this dividend works out to approximately 1.51%, so look for shares of BXP.PRB to trade 1.51% lower -- all else being equal -- when BXP.PRB shares open for trading on 11/1/13. On an annualized basis, the current yield is approximately 6.10%, which com...