Capital Properties, Inc. Declares Regular Quarterly Dividend

Capital Properties Inc (OTCQX: CPTP) has announced a regular quarterly dividend of $0.07 per share on its Class A Common Shares.

Rhea-AI Summary

Capital Properties Inc (OTCQX: CPTP) has announced a regular quarterly dividend of $0.07 per share on its Class A Common Shares. The dividend will be paid on May 23, 2025, to shareholders of record as of the close of business on May 16, 2025. The company has 6,599,912 outstanding Class A Common Shares.

Capital Properties specializes in long-term real estate leasing in downtown Providence, Rhode Island for commercial development, and leasing locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes.

Positive

• Regular quarterly dividend maintained at $0.07 per share, showing consistent shareholder returns
• Stable business model focused on long-term real estate leasing and outdoor advertising locations

Negative

• None.

Argus Publication session

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News Market Reaction – CPTP

In the trading session that priced this news, CPTP gained 2.63%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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PROVIDENCE, R.I., May 1, 2025 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that at its regular quarterly meeting held on April 30, 2025, the Board of Directors declared a regular quarterly dividend of $0.07 (seven cents) per share on the Company's outstanding Class A Common Shares (6,599,912) payable on May 23, 2025 to shareholders of record as of the close of business on May 16, 2025.

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-302444294.html

SOURCE Capital Properties, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for CPTP stock in Q2 2025?

Capital Properties (CPTP) declared a quarterly dividend of $0.07 per share for Q2 2025.

When is the ex-dividend date for Capital Properties (CPTP) Q2 2025 dividend?

The dividend will be paid to shareholders of record as of May 16, 2025, with payment on May 23, 2025.

How many outstanding Class A Common Shares does CPTP have?

Capital Properties has 6,599,912 outstanding Class A Common Shares.

What is Capital Properties' main business model?

Capital Properties focuses on long-term real estate leasing in downtown Providence, Rhode Island, and leasing locations for outdoor advertising along highways in Rhode Island and Massachusetts.