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Press release content from PR Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from PR Newswire
Press release content from PR Newswire. The AP news staff was not involved in its creation.

Capital Properties, Inc. Declares Regular Quarterly Dividend

October 27, 2021 GMT

PROVIDENCE, R.I., Oct. 27, 2021 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that, at its regular quarterly meeting held on October 27, 2021, the Board of Directors declared a regular quarterly dividend of $0.07 (seven cents) per share on the Company’s outstanding Class A Common Shares (6,599,912) payable on November 24, 2021 to shareholders of record as of the close of business on November 12, 2021.

About Capital Properties, Inc.

Capital Properties, Inc. and its subsidiary’s principal business consist of the long-term leasing of certain of its real estate interests in downtown Providence, Rhode Island for commercial development and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes.

CONTACT:

Susan R. Johnson, Treasurer
401-435-7171

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SOURCE Capital Properties, Inc.