Capital Properties (OTCMKTS:CPTP) Posts Earnings Results

Capital Properties (OTCMKTS:CPTP) released its quarterly earnings data on Monday. The company reported $0.10 EPS for the quarter, Zacks reports.

Capital Properties Stock Performance

OTCMKTS:CPTP remained flat at $11.58 during mid-day trading on Monday. The stock’s 50 day simple moving average is $11.20 and its 200-day simple moving average is $10.78. Capital Properties has a 52 week low of $8.89 and a 52 week high of $11.80. The company has a market cap of $76.43 million, a P/E ratio of 57.90 and a beta of 0.17.

Capital Properties Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, August 22nd. Investors of record on Monday, August 18th were issued a $0.07 dividend. The ex-dividend date was Friday, August 15th. This represents a yield of 250.0%. Capital Properties’s dividend payout ratio is currently 140.00%.

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.