Costamare - CMRE STOCK NEWS

Costamare reported impressive financial results for Q3 2021, with a net income of $107.4 million, a significant increase from $17.4 million in Q3 2020. Earnings per Share rose to $0.87, compared to $0.14 the previous year. The company delivered an additional 20 dry bulk vessels, bringing the total to 34, and expects three more by year-end. Notable gains were recorded from vessel sales, totaling $16.5 million for the Venetiko and an estimated $13.8 million from the ZIM Shanghai. Overall, Costamare's liquidity stood at $303.1 million.

Costamare Inc. (NYSE:CMRE) has scheduled its earnings release for the third quarter on October 27, 2021, before market opening. A conference call with management will follow at 8:30 a.m. ET on the same day to discuss financial results. Dial-in instructions have been provided for participants. A live webcast will also be available on the company's website. Costamare operates a fleet of 81 containerships and 37 dry bulk vessels, indicating a strong presence in the shipping industry. The company emphasizes that forward-looking statements may differ from actual results.

Costamare Inc. (NYSE: CMRE) has declared dividends for various preferred stocks and its common stock. Preferred stock dividends include:

• $0.476563 for Series B
• $0.531250 for Series C
• $0.546875 for Series D
• $0.554688 for Series E

These dividends are for the period from July 15, 2021, to October 14, 2021, payable on October 15, 2021. Additionally, a common stock dividend of $0.115 per share will be paid on November 5, 2021. The declaration depends on the company’s financial health and future cash flow.

Costamare Inc. (NYSE: CMRE) held its annual stockholders meeting on September 30, 2021, where two Class II directors, Gregory Zikos and Vagn Lehd Møller, were elected for terms ending in 2024. Additionally, stockholders ratified Ernst & Young (Hellas) as independent auditors for the 2021 fiscal year. Costamare operates a fleet of 81 containerships and 37 dry bulk vessels, with a total capacity of approximately 581,000 TEU and 1,910,000 DWT. The company's common and preferred stocks trade on the NYSE under various symbols, including CMRE.

Costamare Inc. (NYSE: CMRE) announced its 2021 Annual Meeting will be held virtually on September 30, 2021, at 14:00 Central European Time due to COVID-19. Only stockholders of record as of August 12, 2021, can vote, and they are encouraged to submit their proxies in advance. Costamare has a fleet of 81 containerships with a capacity of approximately 581,000 TEU and 37 dry bulk vessels totaling around 1,910,000 DWT. The press release discloses forward-looking statements regarding potential future results and associated risks.

Costamare Inc. (NYSE: CMRE) has scheduled its annual stockholder meeting in Monaco for September 30, 2021. Stockholders of record from August 12, 2021, are eligible to vote. The meeting will be held in-person unless health concerns due to COVID-19 necessitate a virtual format. The company has 81 containerships and 37 dry bulk vessels, reinforcing its position in the shipping industry. Formal notices and proxy statements will be dispatched to stockholders in due course.

Costamare reported Q2 2021 net income of $82.8 million ($0.67 EPS), significantly up from a net loss of $76.2 million in Q2 2020. Adjusted net income reached $58.3 million with $0.47 adjusted EPS. The company has expanded its fleet with plans to acquire an additional 21 dry bulk vessels, totaling 37 in total. New charters resulted in increased rates, with agreements for two containerships at $72,700 daily. Liquidity stands at $353.8 million, bolstered by $261.6 million in new debt financing.

Costamare Inc. (NYSE:CMRE) will release its second-quarter financial results on July 28, 2021, before the market opens. A conference call is scheduled for the same day at 8:30 a.m. ET, where the management team will discuss the results. Participants can join by dialing specific numbers for various regions. A live webcast will also be available on the company's website, alongside a replay option until August 4, 2021. Costamare is a leading owner and provider of containerships, with a fleet comprising 81 containerships and 28 dry bulk vessels.

Costamare Inc. (NYSE: CMRE) has declared cash dividends for several preferred stocks: $0.476563 for Series B, $0.531250 for Series C, $0.546875 for Series D, and $0.554688 for Series E, all payable on July 15, 2021. A common stock dividend of $0.115 per share will be paid on August 5, 2021. Record dates are July 14 for preferred stocks and July 20 for common stock. Dividend declarations depend on the company's financial health and market conditions.