Information
BXP (NYSE:BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today the 2025 tax treatment of distributions on shares of its common stock, as described
Original sourceAI Summary
BXP disclosed the 2025 tax treatment concerning its distributions, emphasizing the need for shareholder tax consultation. The total distribution per share is $0.980, with significant portions classified as taxable ordinary dividends, which may impact investor decision-making.
Sentiment Rationale
Stable distributions generally attract investors seeking yield, similar trends seen in REITs during favorable tax scenarios historically.
Trading Thesis
BXP's stable distribution suggests potential price stability and appeal in REIT space through 2025.
Market-Moving
- 2025 distribution totals $0.980, indicating strong operational cash flow.
- Tax treatment clarity may enhance investor confidence in BXP.
- Broad market reaction anticipated to yield substantial trading in BXP shares.
- Upcoming payment dates may influence immediate stock performance.
Key Facts
- BXP announced 2025 tax treatment for common stock distributions.
- Shareholders should consult tax advisors regarding distributions.
- Total distribution per share is $0.980 for 2025.
- Majority of distribution categorized as taxable ordinary dividends.
- Portion of December 2025 distribution applies to 2026 taxes.
Companies Mentioned
- BXP, Inc. (BXP): Largest developer and manager of workplaces in the U.S.
Corporate Developments
This announcement falls under 'Corporate Developments', as it updates stakeholders on crucial financial aspects that directly impact investment strategies and tax implications.
BXP (NYSE:BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today the 2025 tax treatment of distributions on shares of its common 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) |
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Record
|
Payment Date |
Total Distribution per Share |
Total Distribution Allocable to 2025 |
2025 Taxable Ordinary Dividends |
2025 Qualified Dividends (1) |
2025 Short-term Capital Gain (1) |
2025 Total Capital Gain Distribution (2) |
2025 Unrecaptured Section 1250 Gain (3) |
2025 Section 199A Dividends (1) |
12/31/2024 |
1/30/2025 |
$0.980000 |
$0.980000 |
$0.632289 |
$0.006089 |
$0.001784 |
$0.347711 |
$0.195532 |
$0.624416 |
3/31/2025 |
4/30/2025 |
$0.980000 |
$0.980000 |
$0.632289 |
$0.006089 |
$0.001784 |
$0.347711 |
$0.195532 |
$0.624416 |
6/30/2025 |
7/31/2025 |
$0.980000 |
$0.980000 |
$0.632289 |
$0.006089 |
$0.001784 |
$0.347711 |
$0.195532 |
$0.624416 |
9/30/2025 |
10/31/2025 |
$0.700000 |
$0.700000 |
$0.451635 |
$0.004349 |
$0.001274 |
$0.248365 |
$0.139666 |
$0.446012 |
12/31/2025 |
1/29/2026 |
$0.700000 |
$0.000871 |
$0.000562 |
$0.000005 |
$0.000001 |
$0.000309 |
$0.000174 |
$0.000556 |
$4.340000 |
$3.640871 |
$2.349064 |
$0.022621 |
$0.006627 |
$1.291807 |
$0.726436 |
$2.319816 |
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|
100% |
64.5193% |
35.4807% |
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(1) These amounts are a subset of, and included in, the 2025 Taxable Ordinary Dividend amounts. |
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(2) These amounts are also reported as Section 897 gains attributable to dispositions of USRPIs. In addition, for purposes of Section 1061 of the Internal Revenue Code, 100% of the distributions reported as 2025 Total Capital Gain Distributions are from sales of assets that either generated Section 1231 gains or were held for more than 3 years. Section 1061 is generally applicable to direct and indirect holders of "applicable partnership interest." |
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(3) Unrecaptured Section 1250 Gain is a subset of, and included in, the 2025 Total Capital Gain Distribution amount. |
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The entire common stock distribution with a record date of December 31, 2024, is allocable to 2025 for federal income tax purposes. The common stock distribution with a record date of December 31, 2025, will be a split-year distribution with $0.000871 allocable to 2025 for federal income tax purposes and $0.699129 allocable to 2026 for federal income tax purposes.
ABOUT BXP
BXP, Inc. (NYSE:BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets -Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 55 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of December 31, 2025, BXP's portfolio, including properties owned by unconsolidated joint ventures, totaled 52.9 million square feet and 180 properties, including seven properties under construction or redevelopment. For more information, visit www.bxp.com or follow us on LinkedIn or Instagram.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260120083438/en/
AT BXP
Mike LaBelle
Executive Vice President
Chief Financial Officer and Treasurer
mlabelle@bxp.com
Michael Walsh
Senior Vice President
Chief Accounting Officer
mwalsh@bxp.com