PR Newswire | Oct 29, 2020 01:54PM EDT

10/29 12:53 CDT

Capital Properties, Inc. Declares Regular Quarterly Dividend PROVIDENCE, R.I., Oct. 29, 2020

PROVIDENCE, R.I., Oct. 29, 2020 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that, at its regular quarterly meeting held on October 28, 2020, the Board of Directors declared a regular quarterly dividend of $0.07 (seven cents) per share on the Company's outstanding Class A Common Shares (6,599,912) payable on November 24, 2020 to shareholders of record as of the close of business on November 13, 2020.

About Capital Properties, Inc.

Capital Properties, Inc. and its subsidiary's principal business consist of the long-term leasing of certain of its real estate interests in downtown Providence, Rhode Island for commercial development and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes.

CONTACT:

Susan R. Johnson, Treasurer401-435-7171

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SOURCE Capital Properties, Inc.