Monaco-based Costamare Inc. has declared cash dividends of $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (the “Series B Preferred Stock”), $0.531250 per share on its 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock (the “Series C Preferred Stock”) $0.546875 per share on its 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) (NYSE:CMRE PR D) and $0.554688 per share on its 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock (the “Series E Preferred Stock”).
The dividend for the Series B Preferred Stock, the Series C Preferred Stock, the Series D Preferred Stock and the Series E Preferred Stock is for the period from October 15, 2019, to January 14, 2020. The dividend will be paid on January 15, 2020 to all holders of record as of January 14, 2020 of Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock.
The company has also declared a quarterly dividend on its common stock of $0.10 per share for the quarter ended December 31, 2019. The dividend for the common stock is payable on February 5, 2020, to holders of record of common stock as of January 21, 2020.
Costamare Inc. says it is one of the world’s leading owners and providers of container ships for charter. The company has 46 years of history in the international shipping industry and a fleet of 75 container ships, with a total capacity of approximately 538,000 TEU, including five newbuild container ships currently under construction.
ORIGINAL SOURCE & PHOTO: Costamare