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

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

Capital Properties Stock Performance

CPTP remained flat at $9.97 during mid-day trading on Friday. The company has a 50 day simple moving average of $9.97 and a 200-day simple moving average of $10.09. Capital Properties has a 52-week low of $9.88 and a 52-week high of $12.00.

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

Capital Properties Company Profile

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.