CMRE.PRD

Costamare's Series D Preferred Stock Crosses Above 8.5% Yield Territory

In trading on Tuesday, shares of Costamare Inc's 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (Symbol: CMRE.PRD) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $25.67 on the day. This compares to an average yield of 8.20% in the "Transportation" preferred stock category, according to Preferred Stock Channel. As of last close, CMRE.PRD was trading at a 3.32% premium to its liquidation preference amount, versus the average premium of 3.26% in the "Transportation" category.

The chart below shows the one year performance of CMRE.PRD shares, versus CMRE:

Performance Comparison Chart

Below is a dividend history chart for CMRE.PRD, showing historical dividend payments on Costamare Inc's 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock:

CMRE.PRD+Dividend+History+Chart

In Tuesday trading, Costamare Inc's 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (Symbol: CMRE.PRD) is currently down about 0.6% on the day, while the common shares (Symbol: CMRE) are up about 2.3%.

Also see:
• Shipping Dividend Stocks
• DCOM YTD Return
• EHTH Average Annual Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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