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
News Market Reaction – CPTP
On the day this news was published, CPTP declined 1.65%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
View original content:https://www.prnewswire.com/news-releases/capital-properties-inc-declares-regular-quarterly-dividend-302672929.html
SOURCE Capital Properties, Inc.