Jim Cramer Highlights BXP’s Recovery Despite Dividend Cut

Group 1 - BXP, Inc. is highlighted as a relatively cheap stock within the S&P 500, being the only real estate company on the list [1] - The company, formerly known as Boston Properties, has a portfolio primarily consisting of high-quality office properties located in six major cities on the East and West Coast [1] - BXP recently trimmed its dividend to allocate cash for growth projects, which contributed to a rebound in its stock price, maintaining a yield of 3.7% [1] Group 2 - BXP is a fully integrated real estate investment trust (REIT) that develops, owns, and manages premier workplaces, focusing on creating spaces that foster progress for clients and communities [2]