Capital Properties (OTCMKTS:CPTP) Posts Earnings Results

Capital Properties (OTCMKTS:CPTP) issued its quarterly earnings results on Friday. The company reported $0.08 earnings per share (EPS) for the quarter, reports. The business had revenue of $1.37 million for the quarter. Capital Properties had a net margin of 36.86% and a return on equity of 31.27%.

Capital Properties Price Performance

OTCMKTS CPTP remained flat at $9.97 on Friday. The business has a 50 day simple moving average of $9.96 and a 200 day simple moving average of $10.08. Capital Properties has a twelve month low of $9.88 and a twelve month high of $12.00.

Capital Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 25th. Shareholders of record on Friday, November 15th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date is Friday, November 15th.

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.