Capital Properties, Inc. Declares Regular Quarterly Dividend
Rhea-AI Summary
Capital Properties (OTCQX: CPTP) declared a regular quarterly dividend of $0.07 per share at its board meeting on October 29, 2025. The dividend applies to the Company's outstanding Class A common shares (6,599,912) and is payable on November 24, 2025 to shareholders of record at the close of business on November 14, 2025.
The company’s principal business is long-term leasing of real estate in downtown Providence, Rhode Island, and leasing locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising.
Positive
- $0.07 per-share regular quarterly dividend declared
- Dividend payable on November 24, 2025 with record date November 14, 2025
- 6,599,912 Class A shares covered by the declaration
Negative
- Estimated cash outflow of approximately $461,993.84 based on declared shares and dividend
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
CONTACT:
Susan R. Johnson, Treasurer
401-435-7171
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SOURCE Capital Properties, Inc.