Costamare share (CMRE): declared quarterly dividend
- Costamare Inc. (NYSE: CMRE) declared cash dividends. These are the details.
Costamare Inc. (NYSE: CMRE) declared cash dividends of US $ 0.476563 per share on its 7.625% Cumulative Perpetual Redeemable Preferred Shares Series B (the “Series B Preferred Shares”) (NYSE: CMRE PR B), US $ 0.531250 per share on its 8.50% Cumulative Perpetual Redeemable Preferred Shares Series C (the “Series C Preferred Shares”) (NYSE: CMRE PR C), US $ 0.546875 per share on its 8.75% cumulative perpetual redeemable preferred stock, Series D (the “Preferred Shares Series D”) (NYSE: CMRE PR D) and US $ 0.554688 per share on its 8.875% preferred stock Series E Perpetual Redeemable Shares (the “Series E Preferred Shares”) (NYSE: CMRE PR E). The dividend for the Series B Preferred Shares, Series C Preferred Shares, Series D Preferred Shares and Series E Preferred Shares is for the period October 15, 2021 to January 14, 2022. The dividend will be paid on January 18 , 2022 to all holders of record on January 14, 2022, of Series B Preferred Shares, Series C Preferred Shares, Series D Preferred Shares and Series E Preferred Shares.
The company also declared a quarterly dividend on its common stock of US $ 0.115 per share for the quarter ended December 31, 2021. And the dividend for the common stock is payable on February 7, 2022 to common stock holders of record on January 20. . , 2022.
The declaration of a dividend is subject to the discretion of the board of directors of the company and will depend on the profits, financial condition, cash flow requirements and availability of the company, the ability of the company to obtain a Debt and equity financing on acceptable terms, as provided for by the growth strategy, covenants on existing and future debt instruments and global economic conditions.
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