Capital Properties, Inc. Declares Regular Quarterly Dividend
Rhea-AI Summary
Capital Properties, Inc. (OTCQX: CPTP) announced a quarterly dividend of $0.07 per share on its Class A Common Shares during the Board of Directors meeting on January 26, 2022. The dividend will be payable on February 25, 2022 to shareholders of record by the close of business on February 11, 2022. The company focuses on long-term leasing of real estate interests in downtown Providence, Rhode Island, and leasing locations for outdoor advertising along highways in Rhode Island and Massachusetts.
Positive
- Declared a quarterly dividend of $0.07 per share.
- Company has a solid business model focusing on long-term leases.
Negative
- None.
News Market Reaction – CPTP
On the day this news was published, CPTP declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
PROVIDENCE, R.I., Jan. 28, 2022 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that, at its regular quarterly meeting held on January 26, 2022, the Board of Directors declared a regular quarterly dividend of
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-301470697.html
SOURCE Capital Properties, Inc.
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