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Capital Properties, Inc. Declares Regular Quarterly Dividend

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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.

Capital Properties, Inc. (OTCQX: CPTP) ha annunciato un dividendo trimestrale regolare di $0,07 per azione sulle sue azioni ordinarie di Classe A in circolazione. Il dividendo è stato dichiarato durante la consueta riunione trimestrale del consiglio di amministrazione dell'azienda il 31 luglio 2024. Sarà pagabile il 30 agosto 2024 agli azionisti registrati alla chiusura delle operazioni del 16 agosto 2024. L'attività principale di Capital Properties consiste nel locare immobili a lungo termine nel centro di Providence, Rhode Island, per sviluppo commerciale e nel locare spazi lungo le autostrade principali in Rhode Island e Massachusetts per scopi di pubblicità all'aperto.

Capital Properties, Inc. (OTCQX: CPTP) ha anunciado un dividendo trimestral regular de $0.07 por acción sobre sus acciones ordinarias Clase A en circulación. El dividendo fue declarado en la reunión trimestral regular de la junta de la compañía el 31 de julio de 2024. Este será pagadero el 30 de agosto de 2024 a los accionistas registrados al cierre de las operaciones del 16 de agosto de 2024. El negocio principal de Capital Properties implica el arriendo a largo plazo de bienes raíces en el centro de Providence, Rhode Island, para desarrollo comercial y el arrendamiento de ubicaciones a lo largo de las autopistas interestatales y principales en Rhode Island y Massachusetts para fines de publicidad exterior.

Capital Properties, Inc. (OTCQX: CPTP)는 보통주 A 클래스의 보통주에 대해 주당 $0.07의 정기 분기 배당금을 발표했습니다. 이 배당금은 2024년 7월 31일 회사의 정기 이사회 회의에서 선언되었습니다. 이 배당금은 2024년 8월 30일2024년 8월 16일 영업 종료 시점 기준 주주에게 지급될 것입니다. Capital Properties의 주요 사업은 로드아일랜드 프로비던스시 중심부에서의 부동산 장기 임대와 로드아일랜드 및 매사추세츠의 주요 고속도로를 따라 광고 목적으로 임대하는 것을 포함합니다.

Capital Properties, Inc. (OTCQX: CPTP) a annoncé un dividende trimestriel régulier de 0,07 $ par action sur ses actions ordinaires de classe A en circulation. Le dividende a été déclaré lors de la réunion trimestrielle régulière du conseil d'administration de la société le 31 juillet 2024. Il sera versé le 30 août 2024 aux actionnaires inscrits à la clôture des affaires le 16 août 2024. L'activité principale de Capital Properties concerne la location à long terme de biens immobiliers dans le centre de Providence, Rhode Island, pour le développement commercial, ainsi que la location d'emplacements le long des autoroutes interétatiques et principales dans le Rhode Island et le Massachusetts à des fins de publicité extérieure.

Capital Properties, Inc. (OTCQX: CPTP) hat eine reguläre vierteljährliche Dividende von 0,07 $ pro Aktie auf die im Umlauf befindlichen Stammaktien der Klasse A angekündigt. Die Dividende wurde in der regulären vierteljährlichen Vorstandssitzung des Unternehmens am 31. Juli 2024 beschlossen. Sie wird am 30. August 2024 an die zum Stichtag am 16. August 2024 eingetragenen Aktionäre ausgezahlt. Das Hauptgeschäft von Capital Properties umfasst die langfristige Vermietung von Immobilien im Stadtzentrum von Providence, Rhode Island, zur kommerziellen Entwicklung sowie die Vermietung von Standorten entlang der Autobahnen in Rhode Island und Massachusetts für Outdoor-Werbung.

Positive
  • Consistent quarterly dividend payout of $0.07 per share
  • Stable business model based on long-term real estate leasing
Negative
  • None.

PROVIDENCE, R.I., Aug. 2, 2024 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that at its regular quarterly meeting held on July 31, 2024 the Board of Directors declared a regular quarterly dividend of $0.07 (seven cents) per share on the Company's outstanding Class A Common Shares (6,599,912) payable on August 30, 2024 to shareholders of record as of the close of business on August 16, 2024.

About Capital Properties, Inc.

Capital Properties, Inc. and its subsidiary's principal business consist of the long-term leasing of certain of its real estate interests in downtown Providence, Rhode Island for commercial development and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes. 

CONTACT:

Susan R. Johnson, Treasurer
401-435-7171

Cision View original content:https://www.prnewswire.com/news-releases/capital-properties-inc-declares-regular-quarterly-dividend-302213454.html

SOURCE Capital Properties, Inc.

FAQ

What is the amount of Capital Properties' (CPTP) quarterly dividend for August 2024?

Capital Properties (CPTP) has declared a regular quarterly dividend of $0.07 per share for August 2024.

When is the payment date for Capital Properties' (CPTP) August 2024 dividend?

The payment date for Capital Properties' (CPTP) August 2024 dividend is August 30, 2024.

What is the record date for Capital Properties' (CPTP) August 2024 dividend?

The record date for Capital Properties' (CPTP) August 2024 dividend is August 16, 2024.

How many outstanding Class A Common Shares does Capital Properties (CPTP) have?

Capital Properties (CPTP) has 6,599,912 outstanding Class A Common Shares.

What are the main business activities of Capital Properties (CPTP)?

Capital Properties (CPTP) primarily engages in long-term leasing of real estate in downtown Providence, Rhode Island for commercial development and leasing locations along highways in Rhode Island and Massachusetts for outdoor advertising.

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