Capital Properties, Inc. to Issue Quarterly Dividend of $0.07 (OTCMKTS:CPTP)

Capital Properties, Inc. (OTCMKTS:CPTP) declared a quarterly dividend on Wednesday, April 24th, investing.com reports. Stockholders of record on Friday, May 10th will be given a dividend of 0.07 per share on Friday, May 24th. This represents a $0.28 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend is Thursday, May 9th.

Capital Properties Stock Performance

CPTP stock opened at $10.20 on Tuesday. Capital Properties has a 1-year low of $10.15 and a 1-year high of $13.00. The business has a fifty day moving average price of $10.52 and a 200-day moving average price of $11.32.

Capital Properties Company Profile

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; leases the undeveloped parcels of land adjacent to the Capital Center for public parking purposes; and leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in Rhode Island and Massachusetts.