Capital Properties, Inc. Declares Regular Quarterly Dividend

Rhea-AI Summary

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.

Positive

• Capital Properties, Inc. declares a regular quarterly dividend of $0.07 per share.
• The dividend is payable on May 24, 2024.
• Shareholders of record as of May 10, 2024, will receive the dividend.

Negative

• None.

PROVIDENCE, R.I., April 25, 2024 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that at its regular quarterly meeting held on April 24, 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 May 24, 2024 to shareholders of record as of the close of business on May 10, 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

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SOURCE Capital Properties, Inc.

FAQ

What dividend did Capital Properties, Inc. declare for its Class A Common Shares?

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

When is the dividend payable for Capital Properties, Inc. shareholders?

The dividend is payable on May 24, 2024.

Who will receive the dividend from Capital Properties, Inc.?

Shareholders of record as of May 10, 2024, will receive the dividend.