BXP · 10-Q · 2026Q2 · Full report

REIT Dividend Requirements

BXP, Inc. · 2026-08-06 · Importance 22 · Surprise 6

As a REIT, BXP is required to distribute at least 90% of its annual taxable income, excluding capital gains and subject to specified adjustments. BXP’s policy is to distribute at least 100% of taxable income, including capital gains, to avoid federal corporate-level tax. The Board will reassess quarterly dividend levels based on taxable income, gains on sales, liquidity needs and other circumstances, so future dividends may differ materially from the current amount.

Key facts

• As a REIT, BXP is required to currently distribute at least 90% of its annual taxable income (excluding capital gains and with certain other adjustments). source
• BXP’s policy is to distribute at least 100% of its taxable income, including capital gains, to avoid paying federal tax. source