Advertisement
News
Advertisement

Capital Automotive LLC Declares Quarterly Preferred Unit Distributions

Fri, 07/30/2010 - 7:28am
Manufacturing.net

Capital Automotive LLC Declares Quarterly Preferred Unit Distributions

MCLEAN, Va., July 30 /PRNewswire/ -- Capital Automotive LLC (the "Company"), the nation's leading specialty finance company for automotive retail real estate, today announced that its Board of Managers has declared a dividend for the period commencing May 1, 2010 and ending July 31, 2010 of $0.46875 per Series A Cumulative Redeemable Preferred Unit of the Company, payable on August 16, 2010 to holders of record as of August 2, 2010.  

The Board of Managers has also declared a dividend for the period commencing May 1, 2010 and ending July 31, 2010 of $0.50 per Series B Cumulative Redeemable Preferred Unit of the Company, payable on August 16, 2010 to holders of record as of August 2, 2010.  

About Capital Automotive

Capital Automotive, headquartered in McLean, Virginia, is a Delaware limited liability company.  The Company's primary strategy is to acquire real property and improvements used by operators of multi-site, multi-franchised automotive dealerships and related businesses.  Additional information on Capital Automotive is available on the Company's Website at http://www.capitalautomotive.com.

Contact Information

David S. Kay

Executive Vice President and Chief Financial Officer

Capital Automotive Real Estate Services, Inc.

703.394.1302

SOURCE

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading