Capital Properties, Inc. Declares Regular Quarterly Dividend
Rhea-AI Summary
Capital Properties, Inc. (OTCQX: CPTP) declared a quarterly dividend of $0.07 per share on April 28, 2021, during its regular meeting. This dividend applies to its 6,599,912 outstanding Class A Common Shares and will be payable on May 28, 2021 to shareholders of record as of May 14, 2021. The company's business primarily involves long-term leasing of real estate for commercial development and outdoor advertising along highways in Rhode Island and Massachusetts.
Positive
- Quarterly dividend of $0.07 demonstrates financial stability.
- Continued commitment to shareholder returns.
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., April 30, 2021 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that, at its regular quarterly meeting held on April 28, 2021, 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:http://www.prnewswire.com/news-releases/capital-properties-inc-declares-regular-quarterly-dividend-301281355.html
SOURCE Capital Properties, Inc.
FAQ
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