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

Capital Properties, Inc. (OTCMKTS:CPTP) announced a quarterly dividend on Wednesday, January 29th,NASDAQ Dividends reports. Shareholders 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 annualized dividend and a yield of 2.80%. The ex-dividend date is Friday, February 7th.

Capital Properties Stock Performance

OTCMKTS CPTP remained flat at $10.00 on Wednesday. 3 shares of the company’s stock traded hands, compared to its average volume of 357. The stock’s fifty day moving average price is $9.98 and its 200-day moving average price is $9.99. Capital Properties has a twelve month low of $9.85 and a twelve month high of $11.75.

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.