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

Capital Properties, Inc. (OTCMKTS:CPTP) declared a quarterly dividend on Wednesday, October 30th, NASDAQ reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.07 per share on Monday, November 25th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date is Friday, November 15th.

Capital Properties Price Performance

OTCMKTS CPTP remained flat at $9.97 on Friday. Capital Properties has a 1-year low of $9.88 and a 1-year high of $12.00. The company has a fifty day moving average of $9.97 and a 200-day moving average of $10.09.

Capital Properties (OTCMKTS:CPTP) last issued its quarterly earnings data on Friday, August 2nd. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $1.49 million during the quarter. Capital Properties had a return on equity of 31.27% and a net margin of 36.86%.

About Capital Properties

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.