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Capital Properties, Inc. Declares Regular Quarterly Dividend

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On October 27, 2021, Capital Properties, Inc. (CPTP) declared a quarterly dividend of $0.07 per share on its Class A Common Shares (6,599,912 shares). This dividend is scheduled for payment on November 24, 2021, to shareholders of record as of the close of business on November 12, 2021. Capital Properties primarily engages in long-term leasing of real estate for commercial development and outdoor advertising across Rhode Island and Massachusetts.

Positive
  • Quarterly dividend of $0.07 per share reflects company’s commitment to returning value to shareholders.
  • Dividend payment scheduled for November 2021, enhancing shareholder income.
Negative
  • None.

PROVIDENCE, R.I., Oct. 27, 2021 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that, at its regular quarterly meeting held on October 27, 2021, 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 24, 2021 to shareholders of record as of the close of business on November 12, 2021.

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-301410308.html

SOURCE Capital Properties, Inc.

FAQ

What is the dividend amount declared by Capital Properties, Inc. (CPTP)?

Capital Properties, Inc. declared a dividend of $0.07 per share.

When will the dividend for CPTP be paid?

The dividend will be paid on November 24, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is November 12, 2021.

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

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

CAPITAL PROPERTIES INC A

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65.27M
2.43M
63.16%
18.05%
0.02%
Real Estate Services
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United States of America
Providence