PROVIDENCE, R.I., Oct. 31, 2024 /PRNewswire/ — Capital Properties, Inc. (OTCQX: CPTP) announced that during its regular quarterly meeting held on October 30, 2024, the Board of Directors approved the declaration of a regular quarterly dividend of $0.07 (seven cents) per share on the Company’s outstanding Class A Common Shares (6,599,912). This dividend will be payable on November 25, 2024, to shareholders of record as of the close of business on November 15, 2024.
Capital Properties, Inc. and its subsidiary focus primarily on long-term leasing of certain real estate interests in downtown Providence, Rhode Island for commercial development. Additionally, they engage in leasing locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes.
CONTACT:
Susan R. Johnson, Treasurer
401-435-7171