Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock

Rhea-AI Summary

Costamare (NYSE: CMRE) declared cash dividends on its preferred and common stock. Preferred dividends are US $0.476563 per Series B share, US $0.531250 per Series C share, and US $0.546875 per Series D share for April 15–July 14, 2026, payable July 15, 2026 to holders of record July 14, 2026.

The Company also declared a quarterly common dividend of US $0.125 per share for the quarter ended June 30, 2026, payable August 6, 2026 to shareholders of record July 21, 2026. Future dividends remain at the Board’s discretion and depend on earnings, financial condition, financing access, debt covenants and global economic conditions.

Positive

• Series B preferred dividend of US $0.476563 per share for April 15–July 14, 2026
• Series C preferred dividend of US $0.531250 per share for April 15–July 14, 2026
• Series D preferred dividend of US $0.546875 per share for April 15–July 14, 2026
• Common stock quarterly dividend of US $0.125 per share for Q2 2026

Negative

• Future dividends remain subject to Board discretion and may change
• Dividend decisions depend on earnings, financial condition and cash availability
• Debt covenants and financing conditions may restrict future dividend payments
• Global economic conditions may affect the Company’s ability to maintain dividends

News Market Reaction – CMRE

-0.29%

-0.29% Session close to close

In the Jul 1 session, CMRE declined 0.29%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MONACO, July 01, 2026 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE) has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (the “Series B Preferred Stock”) (NYSE: CMRE PR B), US $0.531250 per share on its 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock (the “Series C Preferred Stock”) (NYSE: CMRE PR C) and US $0.546875 per share on its 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) (NYSE: CMRE PR D). The dividend for the Series B Preferred Stock, the Series C Preferred Stock and the Series D Preferred Stock is for the period from April 15, 2026 to July 14, 2026. The dividend will be paid on July 15, 2026 to all holders of record as of July 14, 2026 of Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock.

The Company has also declared a quarterly dividend on its common stock of US $0.125 per share for the quarter ended June 30, 2026. The dividend for the common stock is payable on August 6, 2026, to holders of record of common stock as of July 21, 2026.

The declaration of a dividend is subject to the discretion of the Board of Directors of the Company, and accordingly will depend on, among other things, the Company’s earnings, financial condition and cash requirements and availability, the Company’s ability to obtain debt and equity financing on acceptable terms as contemplated by the Company’s growth strategy, the restrictive covenants in the Company’s existing and future debt instruments and global economic conditions.

About Costamare Inc.

Costamare Inc. is one of the world’s leading owners and providers of containerships for charter. The Company has 52 years of history in the international shipping industry and a fleet of 69 containerships in the water, with a total capacity of approximately 520,000 TEU. The Company also has 22 newbuild containerships under construction and has agreed to acquire two secondhand containerships with a total capacity of approximately 152,600 TEU. The Company also participates in a lease financing business. The Company’s common stock, Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock trade on the New York Stock Exchange under the symbols “CMRE”, “CMRE PR B”, “CMRE PR C” and “CMRE PR D”, respectively.

Forward-Looking Statements

This press release contains “forward-looking statements”. In some cases, you can identify these statements by forward-looking words such as “believe”, “intend”, “anticipate”, “estimate”, “project”, “forecast”, “plan”, “potential”, “may”, “should”, “could” and “expect” and similar expressions. These statements are not historical facts but instead represent only the Company’s belief regarding future results, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in the Company’s Annual Report on Form 20-F (File No. 001-34934) under the caption “Risk Factors”.

Company Contacts:
Gregory Zikos - Chief Financial Officer
Konstantinos Tsakalidis - Business Development, Investor Relations

Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: ir@costamare.com

FAQ

What dividends did Costamare (NYSE: CMRE) declare on its preferred stock for July 2026?

Costamare declared cash dividends of US $0.476563 on Series B, US $0.531250 on Series C, and US $0.546875 on Series D preferred shares. According to Costamare, these cover April 15–July 14, 2026 and are payable July 15, 2026 to holders of record July 14, 2026.

When will Costamare (CMRE) pay its Q2 2026 common stock dividend?

Costamare will pay its Q2 2026 common dividend on August 6, 2026. According to Costamare, shareholders of record as of July 21, 2026 will receive US $0.125 per common share for the quarter ended June 30, 2026.

What is the amount of Costamare’s Q2 2026 common dividend per share (CMRE)?

Costamare declared a common stock dividend of US $0.125 per share for Q2 2026. According to Costamare, this quarterly dividend is payable on August 6, 2026 to common shareholders of record on July 21, 2026.

What record dates apply to Costamare’s preferred stock dividends in July 2026?

The record date for all three Costamare preferred series is July 14, 2026. According to Costamare, holders of Series B, Series C and Series D preferred stock on that date will receive their respective cash dividends, payable on July 15, 2026.

Are Costamare (CMRE) dividends guaranteed in the future?

Costamare dividends are not guaranteed and remain at the Board’s discretion. According to Costamare, future payouts depend on earnings, financial condition, cash needs, financing availability, restrictive debt covenants and global economic conditions.

How often does Costamare pay dividends on its common stock (CMRE)?

Costamare currently declares a quarterly dividend on its common stock. According to Costamare, the latest announcement covers the quarter ended June 30, 2026 with a US $0.125 per share payment scheduled for August 6, 2026.