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

Key Points

• Capital Properties Inc. will issue a dividend of $0.07 per share, with an upcoming record date of August 18th and an ex-dividend date of August 15th, yielding 250.0%.
• The company's stock opened at $11.20 on August 12th, with a 12-month low of $8.89 and a high of $11.60.
• Capital Properties reported an earnings per share (EPS) of $0.12 for the last quarter, with a return on equity of 30.59% and a net margin of 35.60%.

Capital Properties Inc. (OTCMKTS:CPTP - Get Free Report) announced a dividend on Tuesday, August 12th, investing.com reports. Stockholders of record on Monday, August 18th will be given a dividend of 0.07 per share on Friday, August 22nd. This represents a dividend yield of 250.0%. The ex-dividend date of this dividend is Friday, August 15th.

Capital Properties Stock Performance

Shares of OTCMKTS:CPTP opened at $11.20 on Tuesday. Capital Properties has a 12 month low of $8.89 and a 12 month high of $11.60. The firm's 50-day moving average is $10.98 and its 200 day moving average is $10.15.

Capital Properties (OTCMKTS:CPTP - Get Free Report) last released its earnings results on Friday, August 1st. The company reported $0.12 EPS for the quarter. Capital Properties had a return on equity of 30.59% and a net margin of 35.60%. The firm had revenue of $1.64 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.