Costamare (CMRE) Tops Q1 EPS by 3c
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Costamare Inc. Reports Results for the First Quarter Ended March 31, 2019
April 22, 2019 4:14 PM EDTMONACO, April 22, 2019 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2019.
Adjusted Net Income available to common stockholders(1) of $13.6 million or $0.12 per share for the three-months ended March 31, 2019.Declared dividend of $0.10 per share on its common stock and dividends on all four classes of its preferred stock.Chartered in total 10 vessels over the quarter, with rates for Post-Panamax containerships (above 5,500 TEUs) posting substantial increases compared to their prior fixtures.Fully repaid the outstanding loan on... More