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Capital Properties, Inc. Declares Regular Quarterly Dividend

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Capital Properties (OTCQX: CPTP) has announced a regular quarterly dividend of $0.07 per share on its Class A Common Shares (6,599,912 shares outstanding). The dividend will be payable on February 21, 2025, to shareholders of record as of February 7, 2025.

The company's core business operations involve long-term real estate leasing 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 annunciato un dividendo trimestrale regolare di $0,07 per azione sulle sue Azioni Ordinarie di Classe A (6.599.912 azioni in circolazione). Il dividendo sarà pagabile il 21 febbraio 2025, agli azionisti registrati al 7 febbraio 2025.

Le principali attività aziendali riguardano l'affitto a lungo termine di immobili nel centro di Providence, Rhode Island, per lo sviluppo commerciale, e l'affitto di spazi lungo le autostrade e le strade principali nel Rhode Island e nel Massachusetts per scopi pubblicitari all'aperto.

Capital Properties (OTCQX: CPTP) ha anunciado un dividendo trimestral regular de $0.07 por acción en sus Acciones Ordinarias Clase A (6,599,912 acciones en circulación). El dividendo se pagará el 21 de febrero de 2025 a los accionistas registrados al 7 de febrero de 2025.

Las operaciones fundamentales de la empresa implican el arrendamiento a largo plazo de bienes raíces en el centro de Providence, Rhode Island, para el desarrollo comercial, y el arrendamiento de ubicaciones a lo largo de carreteras y autopistas principales en Rhode Island y Massachusetts para fines de publicidad exterior.

Capital Properties (OTCQX: CPTP)정기 분기 배당금으로 클래스 A 보통주(발행 주식 6,599,912주)당 $0.07을 발표했습니다. 이 배당금은 2025년 2월 21일에 지급되며, 2025년 2월 7일 기준 주주에게 지급됩니다.

회사의 핵심 사업 운영은 로드아일랜드 프로비던스의 도심에서 상업 개발을 위한 장기 부동산 임대와 로드아일랜드 및 매사추세츠의 간선도로 및 주요 고속도로를 따라 야외 광고 목적으로 위치를 임대하는 것입니다.

Capital Properties (OTCQX: CPTP) a annoncé un dividende trimestriel régulier de 0,07 $ par action sur ses Actions Ordinaires de Classe A (6 599 912 actions en circulation). Le dividende sera payable le 21 février 2025 aux actionnaires inscrits au 7 février 2025.

Les opérations commerciales fondamentales de l'entreprise impliquent la location immobilière à long terme dans le centre de Providence, Rhode Island, pour le développement commercial, ainsi que la location d'emplacements 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 Stammaktien der Klasse A (6.599.912 ausgegebene Aktien) angekündigt. Die Dividende wird am 21. Februar 2025 an die zum 7. Februar 2025 eingetragenen Aktionäre ausgezahlt.

Die Hauptgeschäftstätigkeiten des Unternehmens umfassen die langfristige Vermietung von Immobilien im Stadtzentrum von Providence, Rhode Island, für die gewerbliche Entwicklung sowie die Vermietung von Standorten entlang von Autobahnen und Hauptstraßen in Rhode Island und Massachusetts zu Werbezwecken im Freien.

Positive
  • Consistent quarterly dividend payment maintained at $0.07 per share
  • Stable revenue stream from long-term real estate and advertising leases
  • Large shareholder base with over 6.5 million outstanding shares
Negative
  • None.

PROVIDENCE, R.I., Feb. 3, 2025 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that at its regular quarterly meeting held on January 29, 2025, 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 February 21, 2025 to shareholders of record as of the close of business on February 7, 2025.

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-302366601.html

SOURCE Capital Properties, Inc.

FAQ

What is the amount of Capital Properties (CPTP) Q1 2025 dividend?

Capital Properties (CPTP) declared a quarterly dividend of $0.07 per share for Q1 2025.

When is the ex-dividend date for CPTP's Q1 2025 dividend?

Shareholders must be on record by February 7, 2025, to receive the Q1 2025 dividend.

When will CPTP pay its Q1 2025 dividend?

The dividend will be paid on February 21, 2025.

How many shares of CPTP Class A Common Stock are outstanding?

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

What are Capital Properties' (CPTP) main business operations?

CPTP's main operations include long-term commercial real estate leasing in downtown Providence, RI, and leasing locations for outdoor advertising along highways in Rhode Island and Massachusetts.

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