Costamare Declares Quarterly Dividend of $0.5469 per Share

Costamare Inc. PFD SER D has declared a quarterly dividend of $0.5469 per share. The dividend is payable on July 15, 2023, to shareholders of record on July 14, 2023. The ex-dividend date is also July 14, 2023.

Costamare Inc. (NYSE: CMRE), a leading owner and provider of containerships for charter, has announced quarterly dividends on its preferred and common stock. The company declared dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (CMRE PR B), US $0.531250 per share on its 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock (CMRE PR C), and US $0.546875 per share on its 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (CMRE PR D). These dividends are payable on July 15, 2025, to shareholders of record as of July 14, 2025 [1].

Additionally, Costamare Inc. declared a quarterly dividend of US $0.115 per share on its common stock for the quarter ended June 30, 2025. The dividend for the common stock is payable on August 6, 2025, to holders of record as of July 21, 2025 [1].

The declaration of these dividends is subject to the discretion of the Board of Directors and is dependent on various factors, including the company's earnings, financial condition, cash requirements, ability to obtain financing, restrictive covenants in debt instruments, and global economic conditions [1].

About Costamare Inc.
Costamare Inc. has a history of 51 years in the international shipping industry and operates a fleet of 68 containerships with a total capacity of approximately 513,000 TEU. The company also participates in a leasing business [1].

References:
[1] https://www.morningstar.com/news/globe-newswire/9487498/costamare-inc-declares-quarterly-dividend-on-its-preferred-and-common-stock