Capital Properties (OTCMKTS:CPTP) Issues Earnings Results

Key Points

• Capital Properties reported earnings of $0.12 per share (EPS) for the quarter, achieving a net margin of 35.60% and a return on equity of 30.59%.
• The company declared a $0.07 dividend paid on May 23rd, which represents a remarkable yield of 286.0%.
• Capital Properties' share price remained flat at $11.20 during trading, with a 1-year low of $8.89 and a high of $11.60.

Capital Properties (OTCMKTS:CPTP - Get Free Report) released its earnings results on Friday. The company reported $0.12 earnings per share (EPS) for the quarter, Zacks reports. Capital Properties had a net margin of 35.60% and a return on equity of 30.59%.

Capital Properties Stock Performance

Shares of OTCMKTS:CPTP remained flat at $11.20 during trading on Friday. 2 shares of the company were exchanged, compared to its average volume of 713. Capital Properties has a 1 year low of $8.89 and a 1 year high of $11.60. The company's 50 day moving average price is $10.83 and its 200 day moving average price is $10.08.

Capital Properties Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 19th were paid a $0.07 dividend. The ex-dividend date was Friday, May 16th. This represents a yield of 286.0%.

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.

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