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

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Capital Properties, Inc. (OTCMKTS:CPTP - Get Free Report) announced a quarterly dividend on Wednesday, January 29th,NASDAQ Dividends reports. Stockholders of record on Friday, February 7th will be paid a dividend of 0.07 per share on Friday, February 21st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend is Friday, February 7th.

Capital Properties Price Performance

OTCMKTS:CPTP traded down $0.12 on Friday, hitting $9.88. The company's stock had a trading volume of 1,900 shares, compared to its average volume of 87. Capital Properties has a one year low of $9.85 and a one year high of $11.65. The stock has a fifty day moving average of $9.98 and a two-hundred day moving average of $9.99.

About Capital Properties

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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.

Further Reading

Dividend History for Capital Properties (OTCMKTS:CPTP)

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