MCLEAN, Va., Jan. 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 November 1, 2008 and ending January 31, 2009 of $0.46875 per Series A Cumulative Redeemable Preferred Unit of the Company, payable on February 17, 2009 to holders of record as of February 2, 2009.
The Board of Managers has also declared a dividend for the period commencing November 1, 2008 and ending January 31, 2009 of $0.50 per Series B Cumulative Redeemable Preferred Unit of the Company, payable on February 17, 2009 to holders of record as of February 2, 2009.
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
Senior Vice President and Chief Financial Officer
Capital Automotive Real Estate Services, Inc.
703.394.1302