Costamare Inc. Declares Quarterly Dividends: $0.4766–$0.5469 Preferred, $0.115 Common
Costamare Inc. declared cash dividends of $0.476563, $0.531250 and $0.546875 per share on its 7.625% Series B, 8.50% Series C and 8.75% Series D preferred stock for the January 15 to April 14, 2026 period, payable April 15. It also set a common stock dividend of $0.115 per share for Q1 2026, payable May 5 to holders of record April 20.
1. Preferred Stock Dividend Declaration
Costamare Inc. declared cash dividends of US $0.476563 per share on its 7.625% Series B, US $0.531250 per share on its 8.50% Series C and US $0.546875 per share on its 8.75% Series D cumulative redeemable perpetual preferred stock, covering the period from January 15 to April 14, 2026. These dividends are payable on April 15, 2026 to holders of record as of April 14, 2026.
2. Common Stock Dividend Declaration
The company also announced a quarterly cash dividend of US $0.115 per share on its common stock for the quarter ended March 31, 2026, payable on May 5, 2026 to shareholders of record as of April 20, 2026.
3. Dividend Policy Considerations
The declaration of these dividends remains subject to the discretion of Costamare’s Board of Directors, taking into account earnings, financial condition, cash requirements, financing options, debt covenants and broader economic conditions.