Capital Properties, Inc. (CPTP) Announces Quarterly Dividend of $0.07

Capital Properties, Inc. (OTCMKTS:CPTP) announced a quarterly dividend on Tuesday, October 30th, Zacks reports. Shareholders of record on Friday, November 9th will be paid a dividend of 0.07 per share on Friday, November 23rd. This represents a $0.28 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date is Thursday, November 8th.

Shares of CPTP stock traded up $0.05 on Friday, hitting $16.40. The company had a trading volume of 100 shares, compared to its average volume of 78. Capital Properties has a twelve month low of $13.20 and a twelve month high of $16.40.

Capital Properties Company Profile

Capital Properties, Inc, together with its subsidiaries, engages in the leasing of 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 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 along interstate and primary highways in Rhode Island and Massachusetts.

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