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Capital Properties, Inc. reports recurring corporate actions for its OTCQX-traded Class A common shares, with news primarily focused on regular quarterly dividends declared by the board of directors. Company updates also include corporate-status disclosures, including its Form 15 filing to deregister the Class A common stock under the Exchange Act and suspend SEC periodic reporting obligations while continuing OTC Markets disclosure practices for OTCQX qualification.
On July 29, 2021, Capital Properties, Inc. (OTCQX: CPTP) announced a regular quarterly dividend of $0.07 per share on its outstanding Class A Common Shares, totaling 6,599,912 shares. The dividend is payable on August 27, 2021 to shareholders who are on record by August 13, 2021. This decision was made during the Board of Directors' meeting held on July 28, 2021. Capital Properties focuses on long-term leasing of real estate interests in Providence, Rhode Island, and offers outdoor advertising leasing options in Rhode Island and Massachusetts.
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.