DIVIDEND ANNOUNCEMENT: 8.875% Cum Red Perp Pfd Ser E/Costamare Inc (NYSE:CMREPE) on 10/02/2019 declared a dividend of $0.5547 per share

8.875% Cum Red Perp Pfd Ser E/Costamare Inc (NYSE:CMREPE) on 10/02/2019 declared a dividend of $ 0.5547 per share payable on October 15, 2019 to shareholders of record as of October 11, 2019.

8.875% Cum Red Perp Pfd Ser E/Costamare Inc (NYSE:CMREPE) has paid dividends since 2018, has a current dividend yield of 8.5420751572% and has increased its dividends for 0 successive years.

The stock price closed yesterday at $ 25.99 and has a 52 week low/high of $ 18.65 and $ 26.20.

Costamare is an international owner of containerships. Co. is engaged in chartering vessels to many of the world's liner companies. As of Feb 23 2018, Co. has a fleet of 71 containerships with a total capacity in excess of 466,000 twenty foot equivalent units (TEUs). Co.'s strategy is to time charter its containerships to a geographically diverse, financially strong and loyal group of liner companies. Co.'s containerships operate primarily under multi-year charters and therefore are not subject to the effect of seasonal variations in demand. Some of Co.'s customers are A.P. Moller-Maersk, MSC, Evergreen, Hapag Lloyd and COSCO.

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