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CMRE-E Costamare Inc. 8.875% Series E Cumulative Preferred Stock

Dividends on the Series E Preferred Stock are cumulative from the date of original issue and will be payable quarterly in arrears on the 15th day of January, April, July and October of each year, when, as and if declared by our board of directors. The initial dividend on the Series E Preferred Stock offered hereby will be payable on April 15, 2018. Dividends will be payable out of amounts legally available therefor at a rate equal to 8.875% per annum of the stated liquidation preference. At any time on or after January 30, 2023, the Series E Preferred Stock may be redeemed, in whole or in part, out of amounts available therefor, at a redemption price of $25.00 per share plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption, whether or not declared.  This security was issued by Costamare Inc, whose common stock symbol is CMRE.

$25.08  -0.16 (-0.63%)
As of 03/24/2023 16:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Industrials
Industry:  Marine Shipping
Index country:  USA
Country of incorporation:  Marshall Islands
IPO date:  01/26/2018
Outstanding shares:  4,600,000
Average volume:  11,130
Market cap:   $119,094,000
Current dividend yield:  8.57%    calculation
Coupon rate:    8.875%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   01/30/2023
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:   SEC Edgar Online
Annual filings:      20-F
Sedol:      BG143V4

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