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

On 11/3/14, 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 11/17/14. As a percentage of BXP.PRB's recent share price of $24.40, this dividend works out to approximately 1.34%, so look for shares of BXP.PRB to trade 1.34% lower — all else being equal — when BXP.PRB shares open for trading on 11/3/14. On an annualized basis, the current yield is approximately 5.41%, which c...