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

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

Capital Properties Price Performance

Shares of OTCMKTS CPTP remained flat at $10.00 during trading hours on Wednesday. 3 shares of the company traded hands, compared to its average volume of 357. The firm’s 50 day simple moving average is $9.98 and its two-hundred day simple moving average is $9.99. Capital Properties has a 1 year low of $9.85 and a 1 year 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.