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CAPITAL PROPERTIES INC A - CPTP STOCK NEWS

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Capital Properties, Inc., along with its subsidiaries, specializes in leasing land in downtown Providence, Rhode Island under long-term ground leases. The company owns various parcels of land and leases outdoor advertising locations along highways in Rhode Island and Massachusetts. Established in 1977, the company plays a significant role in commercial development and outdoor advertising in the region.

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Capital Properties (OTCQX: CPTP) has declared a regular quarterly dividend of $0.07 per share on its outstanding Class A Common Shares (6,599,912). The dividend will be payable on November 25, 2024 to shareholders of record as of November 15, 2024. The company's core business involves long-term leasing of real estate in downtown Providence, Rhode Island for commercial development and leasing locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes.

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Capital Properties, Inc. (OTCQX: CPTP) has announced a regular quarterly dividend of $0.07 per share on its outstanding Class A Common Shares. The dividend was declared at the company's regular quarterly board meeting on July 31, 2024. It will be payable on August 30, 2024 to shareholders of record as of the close of business on August 16, 2024. Capital Properties' primary business involves long-term leasing of real estate in downtown Providence, Rhode Island for commercial development and leasing locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes.

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Capital Properties, Inc. declares a regular quarterly dividend of $0.07 per share on its outstanding Class A Common Shares, payable on May 24, 2024. Shareholders of record as of May 10, 2024, will receive the dividend.
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Capital Properties, Inc. (CPTP) declared a regular quarterly dividend of $0.07 per share on January 24, 2024, payable on February 23, 2024, to shareholders of record as of February 9, 2024.
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Capital Properties, Inc. declares a regular quarterly dividend of $0.07 per share on its outstanding Class A Common Shares.
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Capital Properties, Inc. (OTCQX: CPTP) announced that its Chairman, CEO, and President, Robert H. Eder, underwent successful surgery to address a postoperative infection. A full recovery is anticipated. The company primarily focuses on long-term leasing of real estate interests in downtown Providence, Rhode Island, for commercial development and leasing sites along highways in Rhode Island and Massachusetts for outdoor advertising.

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Capital Properties, Inc. (CPTP) announced a quarterly dividend of $0.07 per share on January 25, 2023, during its Board meeting. This dividend pertains to the Company's 6,599,912 outstanding Class A Common Shares and is payable on February 24, 2023. Shareholders on record as of February 10, 2023 will receive this payout. The company focuses on long-term leasing of real estate for commercial development in downtown Providence, Rhode Island, and outdoor advertising along highways in Rhode Island and Massachusetts.

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Capital Properties, Inc. (OTCQX: CPTP) announced a quarterly dividend of $0.07 per share on July 27, 2022. This dividend pertains to the Company's Class A Common Shares, with a total of 6,599,912 shares outstanding. The dividend will be payable on August 26, 2022, to shareholders on record as of August 12, 2022. Capital Properties, Inc. primarily engages in leasing real estate for commercial development and outdoor advertising in Rhode Island and Massachusetts.

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FAQ

What is the current stock price of CAPITAL PROPERTIES A (CPTP)?

The current stock price of CAPITAL PROPERTIES A (CPTP) is $9.98 as of December 24, 2024.

What is the market cap of CAPITAL PROPERTIES A (CPTP)?

The market cap of CAPITAL PROPERTIES A (CPTP) is approximately 66.7M.

What is the primary business of Capital Properties, Inc.?

Capital Properties, Inc. primarily engages in leasing land in downtown Providence, Rhode Island under long-term ground leases.

How many acres does Capital Properties, Inc. own in the Capital Center?

Capital Properties, Inc. owns approximately 18 acres in the Capital Center.

What does Capital Properties, Inc. lease Parcel 20 for?

Capital Properties, Inc. leases Parcel 20, an undeveloped parcel of land adjacent to the Capital Center, for public parking purposes on a short-term basis.

What is the history of Capital Properties, Inc.?

Capital Properties, Inc. was formerly known as Providence and Worcester Company and changed its name in 1984. The company was founded in 1977 and is based in Providence, Rhode Island.

What type of advertising locations does Capital Properties, Inc. lease?

Capital Properties, Inc. leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in Rhode Island and Massachusetts.

What was announced at the most recent quarterly meeting of Capital Properties, Inc.?

At the most recent quarterly meeting, the Board of Directors declared a regular quarterly dividend of $0.07 per share on the Company's outstanding Class A Common Shares.

When was Capital Properties, Inc. founded?

Capital Properties, Inc. was founded in 1977.

How can I contact Capital Properties, Inc.?

For more information, you can contact Susan R. Johnson, the Treasurer of Capital Properties, Inc., at 401-435-7171.

What are the subsidiaries of Capital Properties, Inc. involved in?

The principal business of Capital Properties, Inc. and its subsidiaries consists of the long-term leasing of real estate interests in downtown Providence, Rhode Island for commercial development and the leasing of locations along highways in Rhode Island and Massachusetts for outdoor advertising purposes.

What is the dividend amount declared by the Board of Directors?

The Board of Directors declared a regular quarterly dividend of $0.07 per share on the Company's outstanding Class A Common Shares.

CAPITAL PROPERTIES INC A

OTC:CPTP

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CPTP Stock Data

66.66M
2.43M
63.16%
18.05%
0.02%
Real Estate Services
Real Estate
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United States of America
Providence