Capital Automotive LLC Declares Quarterly Preferred Unit Distributions
MCLEAN, Va., April 30 -- 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 February 1, 2009 and ending April 30, 2009 of $0.46875 per Series A Cumulative Redeemable Preferred Unit of the Company, payable on May 15, 2009 to holders of record as of May 1, 2009.
The Board of Managers has also declared a dividend for the period commencing February 1, 2009 and ending April 30, 2009 of $0.50 per Series B Cumulative Redeemable Preferred Unit of the Company, payable on May 15, 2009 to holders of record as of May 1, 2009.