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Capital Properties, Inc. Announces Regular Dividend

On May 1, 2025, Capital Properties, Inc. (trading under OTCQX: CPTP) made a pivotal announcement regarding its financial commitments to shareholders. During their regular quarterly meeting held on April 30, 2025, the Board of Directors officially declared a quarterly dividend of $0.07 (seven cents) per share on the outstanding Class A Common Shares, of which there are 6,599,912 shares.

This dividend is set to be paid on May 23, 2025, to all shareholders who are recorded by the close of business on May 16, 2025. This move is seen as a reinforcement of Capital Properties' ongoing dedication to providing value to its investors while maintaining a healthy balance sheet.

About Capital Properties, Inc.

Capital Properties, Inc. is primarily engaged in the long-term leasing of unique real estate opportunities within downtown Providence, Rhode Island. The company focuses on commercial development projects, leveraging the potential of its properties to maximize returns for its investors. Additionally, it operates leasing locations along prominent interstate and primary highways in Rhode Island and Massachusetts, serving outdoor advertising purposes.

The company’s robust strategy in managing its real estate assets plays a crucial role in sustaining its dividend payments, ensuring that it remains attractive to current and potential investors.

Financial Stability and Outlook

Capital Properties continues to demonstrate a strong commitment to financial stability through its consistent dividend policy. This recent declaration underscores their strategic approach to maintaining investor confidence while ensuring ongoing operational success.

Investors looking for opportunities in the real estate sector should pay close attention to Capital Properties, given its solid approach to dividends and profitability. The company operates under the guidance of a competent management team dedicated to fostering growth and maximizing shareholder value in a competitive market.

For further inquiries regarding this announcement or investment opportunities, interested parties are invited to reach out to Susan R. Johnson, Treasurer of Capital Properties, at 401-435-7171.

In summary, Capital Properties, Inc.'s recent dividend declaration paints a positive picture of the company's financial health and commitment to its shareholders. As they move forward, the focus remains on delivering value and maintaining a strong position in the commercial real estate landscape.