Capital Properties, Inc. Declares Regular Quarterly Dividend
Rhea-AI Summary
On October 27, 2021, Capital Properties, Inc. (CPTP) declared a quarterly dividend of $0.07 per share on its Class A Common Shares (6,599,912 shares). This dividend is scheduled for payment on November 24, 2021, to shareholders of record as of the close of business on November 12, 2021. Capital Properties primarily engages in long-term leasing of real estate for commercial development and outdoor advertising across Rhode Island and Massachusetts.
Positive
- Quarterly dividend of $0.07 per share reflects company’s commitment to returning value to shareholders.
- Dividend payment scheduled for November 2021, enhancing shareholder income.
Negative
- None.
News Market Reaction – CPTP
On the day this news was published, CPTP gained 16.67%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
PROVIDENCE, R.I., Oct. 27, 2021 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that, at its regular quarterly meeting held on October 27, 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:https://www.prnewswire.com/news-releases/capital-properties-inc-declares-regular-quarterly-dividend-301410308.html
SOURCE Capital Properties, Inc.
FAQ
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