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Capital Properties, Inc. Declares Regular Quarterly Dividend

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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.

Capital Properties (OTCQX: CPTP) ha dichiarato un dividendo trimestrale regolare di $0,07 per azione sulle sue azioni ordinarie di Classe A (6.599.912). Il dividendo sarà pagabile il 25 novembre 2024 agli azionisti registrati al 15 novembre 2024. L'attività principale della società riguarda la locazione a lungo termine di immobili nel centro di Providence, Rhode Island, per sviluppi commerciali, e la locazione di spazi lungo le autostrade e le strade principali nel Rhode Island e nel Massachusetts per pubblicità all'aperto.

Capital Properties (OTCQX: CPTP) ha declarado un dividendo trimestral regular de $0.07 por acción sobre sus acciones ordinarias clase A (6,599,912). El dividendo se pagará el 25 de noviembre de 2024 a los accionistas registrados hasta el 15 de noviembre de 2024. El negocio principal de la empresa consiste en arrendar a largo plazo inmuebles en el centro de Providence, Rhode Island, para desarrollo comercial, y arrendar ubicaciones a lo largo de las autopistas y carreteras principales en Rhode Island y Massachusetts para fines de publicidad al aire libre.

Capital Properties (OTCQX: CPTP)는 자사 보통주 클래스 A (6,599,912주)에 대해 분기당 정기 배당금 $0.07을 선언했습니다. 배당금은 2024년 11월 25일2024년 11월 15일 현재 주주에게 지급됩니다. 회사의 핵심 사업은 로드 아일랜드 프로비던스 시내의 상업 개발을 위한 부동산의 장기 임대와 로드 아일랜드 및 매사추세츠의 고속도로 및 주요 도로를 따라 옥외 광고를 위한 공간 임대입니다.

Capital Properties (OTCQX: CPTP) a déclaré un dividende trimestriel régulier de 0,07 $ par action sur ses actions ordinaires de Classe A (6 599 912). Le dividende sera versé le 25 novembre 2024 aux actionnaires inscrits au 15 novembre 2024. L'activité principale de l'entreprise concerne la location à long terme de biens immobiliers dans le centre de Providence, Rhode Island, pour le développement commercial, ainsi que la location de sites le long des autoroutes et des routes principales dans le Rhode Island et le Massachusetts à des fins de publicité extérieure.

Capital Properties (OTCQX: CPTP) hat eine regelmäßige vierteljährliche Dividende von $0,07 pro Aktie auf ihre ausstehenden Stammaktien der Klasse A (6.599.912) erklärt. Die Dividende wird am 25. November 2024 an Aktionäre ausgezahlt, die am 15. November 2024 im Aktienregister stehen. Das Kerngeschäft des Unternehmens umfasst die langfristige Vermietung von Immobilien im Stadtzentrum von Providence, Rhode Island, für kommerzielle Entwicklungen sowie die Vermietung von Standorten entlang der Autobahnen und Hauptstraßen in Rhode Island und Massachusetts für Zwecke der Außenwerbung.

Positive
  • Regular quarterly dividend maintained at $0.07 per share
  • Consistent dividend payment demonstrates stable cash flow
  • Large shareholder base with 6,599,912 outstanding Class A Common Shares
Negative
  • None.

PROVIDENCE, R.I., Oct. 31, 2024 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that at its regular quarterly meeting held on October 30, 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 November 25, 2024 to shareholders of record as of the close of business on November 15, 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-302293359.html

SOURCE Capital Properties, Inc.

FAQ

When will Capital Properties (CPTP) pay its latest quarterly dividend?

Capital Properties will pay its quarterly dividend of $0.07 per share on November 25, 2024.

What is the record date for Capital Properties' (CPTP) Q4 2024 dividend?

The record date for Capital Properties' quarterly dividend is November 15, 2024.

How much is Capital Properties' (CPTP) quarterly dividend per share?

Capital Properties declared a quarterly dividend of $0.07 (seven cents) per share.

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

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

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