#United States #Inc. #quarterly dividend #Providence #Capital Properties #CPTP

Capital Properties, Inc. Announces Regular Quarterly Dividend

On January 28, 2026, Capital Properties, Inc. (OTCQX: CPTP) held its routine quarterly board meeting to review the financial performance and strategic direction of the company. At this meeting, the Board of Directors made a noteworthy announcement concerning the company’s dividend policy.

After evaluating the business' recent financial results and future growth prospects, the board declared an increase in the regular quarterly dividend by $0.02 per share. This brings the total regular quarterly dividend to $0.09 per share on the company's outstanding Class A Common Shares, which number 6,599,912.

This increase in the dividend reflects the company’s solid financial health and commitment to returning value to its shareholders. Shareholders of record who maintain their shares as of the close of business on February 6, 2026, will be eligible for this dividend, which is set to be paid out on February 20, 2026.

Company Overview

Capital Properties, Inc. primarily engages in the long-term leasing of real estate interests located in downtown Providence, Rhode Island. These properties are strategically positioned for commercial development. Moreover, the company also leases out sites along major interstate routes and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes. This strategic approach not only enhances revenue generation but also strengthens the company's presence in key markets.

The increase in dividends aligns with the company's broader business strategy aimed at enhancing shareholder returns while pursuing sustainable growth. Investors often look to dividends as a sign of company stability and profitability, and this latest announcement can bolster investor confidence amidst a changing economic environment.

As Capital Properties, Inc. moves forward, stakeholders will undoubtedly be watching to see how these decisions impact not only share performance but also the overall strategy of the company in the competitive real estate landscape.

In conclusion, the increase in the quarterly dividend is a testament to the management's confidence in the company's operational success and market position. For shareholders, this is welcome news, pointing to the strong governance and strategic vision that Capital Properties, Inc. is known for in the real estate sector.