Capital Properties, Inc. Declares Regular Quarterly Dividend
Capital Properties (OTCQX: CPTP) has announced a regular quarterly dividend of $0.07 per share on its Class A Common Shares (6,599,912 shares outstanding). The dividend will be payable on February 21, 2025, to shareholders of record as of February 7, 2025.
The company's core business operations involve long-term real estate leasing in downtown Providence, Rhode Island for commercial development, and leasing locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes.
Capital Properties (OTCQX: CPTP) ha annunciato un dividendo trimestrale regolare di $0,07 per azione sulle sue Azioni Ordinarie di Classe A (6.599.912 azioni in circolazione). Il dividendo sar脿 pagabile il 21 febbraio 2025, agli azionisti registrati al 7 febbraio 2025.
Le principali attivit脿 aziendali riguardano l'affitto a lungo termine di immobili nel centro di Providence, Rhode Island, per lo sviluppo commerciale, e l'affitto di spazi lungo le autostrade e le strade principali nel Rhode Island e nel Massachusetts per scopi pubblicitari all'aperto.
Capital Properties (OTCQX: CPTP) ha anunciado un dividendo trimestral regular de $0.07 por acci贸n en sus Acciones Ordinarias Clase A (6,599,912 acciones en circulaci贸n). El dividendo se pagar谩 el 21 de febrero de 2025 a los accionistas registrados al 7 de febrero de 2025.
Las operaciones fundamentales de la empresa implican el arrendamiento a largo plazo de bienes ra铆ces en el centro de Providence, Rhode Island, para el desarrollo comercial, y el arrendamiento de ubicaciones a lo largo de carreteras y autopistas principales en Rhode Island y Massachusetts para fines de publicidad exterior.
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Capital Properties (OTCQX: CPTP) a annonc茅 un dividende trimestriel r茅gulier de 0,07 $ par action sur ses Actions Ordinaires de Classe A (6 599 912 actions en circulation). Le dividende sera payable le 21 f茅vrier 2025 aux actionnaires inscrits au 7 f茅vrier 2025.
Les op茅rations commerciales fondamentales de l'entreprise impliquent la location immobili猫re 脿 long terme dans le centre de Providence, Rhode Island, pour le d茅veloppement commercial, ainsi que la location d'emplacements le long des autoroutes et des routes principales dans le Rhode Island et le Massachusetts 脿 des fins de publicit茅 ext茅rieure.
Capital Properties (OTCQX: CPTP) hat eine regelm盲脽ige viertelj盲hrliche Dividende von 0,07 $ pro Aktie auf ihre Stammaktien der Klasse A (6.599.912 ausgegebene Aktien) angek眉ndigt. Die Dividende wird am 21. Februar 2025 an die zum 7. Februar 2025 eingetragenen Aktion盲re ausgezahlt.
Die Hauptgesch盲ftst盲tigkeiten des Unternehmens umfassen die langfristige Vermietung von Immobilien im Stadtzentrum von Providence, Rhode Island, f眉r die gewerbliche Entwicklung sowie die Vermietung von Standorten entlang von Autobahnen und Hauptstra脽en in Rhode Island und Massachusetts zu Werbezwecken im Freien.
- Consistent quarterly dividend payment maintained at $0.07 per share
- Stable revenue stream from long-term real estate and advertising leases
- Large shareholder base with over 6.5 million outstanding shares
- None.
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
CONTACT:
Susan R. Johnson, Treasurer
401-435-7171
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SOURCE Capital Properties, Inc.