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

Rhea-AI Summary

Costamare (NYSE: CMRE) declared cash dividends for its preferred and common shares on Jan 2, 2026. Preferred dividends are: US $0.476563 per share for Series B, US $0.531250 per share for Series C, and US $0.546875 per share for Series D, covering Oct 15, 2025 to Jan 14, 2026, payable Jan 15, 2026 to holders of record as of Jan 14, 2026.

The company also declared a common stock quarterly dividend of US $0.115 per share for the quarter ended Dec 31, 2025, payable Feb 5, 2026 to holders of record as of Jan 20, 2026. The declaration remains subject to Board discretion based on earnings, cash needs, financing, debt covenants and global conditions.

Positive

• Series B preferred dividend of $0.476563 per share
• Series C preferred dividend of $0.531250 per share
• Series D preferred dividend of $0.546875 per share
• Common stock quarterly dividend of $0.115 per share payable Feb 5, 2026

Negative

• Dividend declarations remain subject to Board discretion tied to earnings and cash
• Continuation of dividends may be limited by restrictive debt covenants or financing availability

MONACO, Jan. 02, 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 October 15, 2025 to January 14, 2026. The dividend will be paid on January 15, 2026 to all holders of record as of January 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 $0.115 per share for the quarter ended December 31, 2025. The dividend for the common stock is payable on February 5, 2026, to holders of record of common stock as of January 20, 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, with a total capacity of approximately 520,000 TEU. The Company also has six newbuild containerships under construction with a total capacity of 18,600 TEU. The Company also participates in a leasing 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 preferred dividends did Costamare (CMRE) declare on Jan 2, 2026?

Costamare declared Series B $0.476563, Series C $0.531250, and Series D $0.546875 per share, payable Jan 15, 2026 to holders of record Jan 14, 2026.

How much is Costamare's (CMRE) common quarterly dividend for Q4 2025 and when is it payable?

The common quarterly dividend is $0.115 per share for the quarter ended Dec 31, 2025, payable Feb 5, 2026 to holders of record Jan 20, 2026.

Which record dates should CMRE investors note for the Jan 2, 2026 dividend announcement?

Preferred shareholders record date is Jan 14, 2026; common shareholders record date is Jan 20, 2026.

Does Costamare guarantee future dividends after this Jan 2, 2026 declaration?

No; the company said future declarations depend on the Board's discretion, earnings, cash needs, financing and debt covenants.

Will preferred dividends cover a specific period for Costamare's Jan 15, 2026 pay date?

Yes; the preferred dividends cover the period Oct 15, 2025 to Jan 14, 2026.