Costamare Inc 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock

By: ,

Date Issued    1/23/2018


Shares Issued  4,600,000    Overallotment Shares  686,000

S&P Rating   NR   Moodys Rating   NR


Security Ticker Symbol   CMRE-E    OTC Temporary Ticker  CTMMF

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of January, April, July and October beginning on April 15, 2018

Monthly Dividend   .5455  Annual Dividend   2.219


Securities may be redeemed, at the issuers option, as early as 1/30/2023 for a redemption price of $25/share plus accrued dividends

Dividend Payment Likely Will be a Qualified Distributions

Maturity Date   None


Company Investor Relations Page for Costamare Inc.


Click here to find the offering Prospectus and Final Pricing Document



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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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