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.
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Contact Information |
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David S. Kay |
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Executive Vice President and Chief Financial Officer |
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Capital Automotive Real Estate Services, Inc. |
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703.394.1302 |
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