Capital Properties, Inc. Declares Regular Quarterly Dividend

Rhea-AI Summary

Capital Properties (OTCQX:CPTP) increased its regular quarterly dividend by $0.02 to $0.09 per Class A common share at its January 28, 2026 board meeting. The dividend applies to 6,599,912 outstanding Class A shares, is payable on February 20, 2026, to shareholders of record on February 6, 2026.

The company’s business centers on long-term leasing of downtown Providence real estate and interstate advertising site leases in Rhode Island and Massachusetts.

Positive

• Dividend increased by $0.02 to $0.09 per share
• Record date set for February 6, 2026; payable February 20, 2026
• Scope: applies to 6,599,912 outstanding Class A shares

Negative

• Absolute dividend remains modest at $0.09 per share

PROVIDENCE, R.I., Jan. 28, 2026 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that at its regular quarterly meeting held on January 28, 2026, the Board of Directors increased its regular quarterly dividend by $0.02 (two cents) per share resulting in a regular quarterly dividend of $0.09 (nine cents) per share on the Company's outstanding Class A Common Shares (6,599,912) payable on February 20, 2026 to shareholders of record as of the close of business on February 6, 2026.

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

View original content:https://www.prnewswire.com/news-releases/capital-properties-inc-declares-regular-quarterly-dividend-302672929.html

SOURCE Capital Properties, Inc.

FAQ

What dividend did Capital Properties (CPTP) declare on January 28, 2026?

The board approved a regular quarterly dividend increase to $0.09 per share. According to the company, this reflects a $0.02 raise effective from the January 28, 2026 board action.

When will Capital Properties (CPTP) pay the February 2026 dividend and who is eligible?

The dividend is payable on February 20, 2026 to shareholders of record as of February 6, 2026. According to the company, holders on the record date will receive the payment on the payable date.

How many Class A shares does the CPTP dividend cover as of January 28, 2026?

The announced dividend applies to 6,599,912 outstanding Class A common shares. According to the company, the dividend calculation is based on that outstanding share count.

How large was the dividend increase declared by Capital Properties (CPTP)?

The board increased the regular quarterly dividend by $0.02 per share, raising it to $0.09. According to the company, the change was approved at the January 28, 2026 meeting.

Does the January 28, 2026 CPTP dividend announcement change the company’s business focus?

No operational change was announced; the dividend relates to shareholder distribution only. According to the company, its core business remains leasing downtown Providence real estate and interstate advertising sites.

How should CPTP shareholders prepare for the February 2026 dividend payment?

Shareholders should ensure ownership by the February 6, 2026 record date to qualify. According to the company, eligible holders on that date will receive payment on February 20, 2026.