Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock
Rhea-AI Summary
Costamare (NYSE: CMRE) declared quarterly cash dividends on its preferred and common stock on April 2, 2026. Common stock dividend is $0.115 per share for the quarter ended March 31, 2026, payable May 5, 2026 to holders of record April 20, 2026.
Preferred dividends were declared for the period January 15, 2026 to April 14, 2026: Series B $0.476563, Series C $0.531250, and Series D $0.546875, each payable April 15, 2026 to holders of record April 14, 2026.
The dividend declarations remain subject to Board discretion, the company’s earnings, financing availability and restrictive covenants.
Positive
- Common dividend of $0.115 per share payable May 5, 2026
- Series B preferred dividend of $0.476563 per share for Jan 15–Apr 14
- Series C preferred dividend of $0.531250 per share for Jan 15–Apr 14
- Series D preferred dividend of $0.546875 per share for Jan 15–Apr 14
Negative
- Dividend payments are subject to Board discretion and company financial condition
News Market Reaction – CMRE
In the Apr 2 session, CMRE gained 1.65%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MONACO, April 02, 2026 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE) has declared cash dividends of US
The Company has also declared a quarterly dividend on its common stock of US
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 79 containerships (including 10 vessels under construction), with a total capacity of approximately 551,000 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
