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Capital Properties, Inc. Declares Regular Quarterly Dividend

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PROVIDENCE, R.I., Jan. 26, 2023 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that, at its regular quarterly meeting held on January 25, 2023 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 February 24, 2023 to shareholders of record as of the close of business on February 10, 2023.

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. 

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Susan R. Johnson, Treasurer
401-435-7171

Cision View original content:https://www.prnewswire.com/news-releases/capital-properties-inc-declares-regular-quarterly-dividend-301731958.html

SOURCE Capital Properties, Inc.

CAPITAL PROPERTIES INC A

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67.32M
1.85M
63.16%
12.87%
0.02%
Lessors of Other Real Estate Property
Real Estate and Rental and Leasing
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United States of America
Providence

About CPTP

capital properties, inc., together with its subsidiaries, engages in leasing land in downtown providence, rhode island under long-term ground leases. it owns approximately 18 acres in the capital center consisting of 13 individual parcels; owns and leases parcel 20, an undeveloped parcel of land adjacent to the capital center for public parking purposes on a short-term basis; and leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in rhode island and massachusetts. the company was formerly known as providence and worcester company and changed its name to capital properties, inc. in 1984. capital properties, inc. was founded in 1977 and is based in providence, rhode island.