Recent Updates — CMRE
Costamare Inc. reported third-quarter net income from continuing operations available to common stockholders of $88.5 million, or $0.73 per share, and adjusted net income of $89.4 million, or $0.74 per share. The company concluded previously announced bilateral financing agreements totaling $1.3 billion, refinancing debt across 39 vessels, with an additional $92 million loan expected in Q4. Total liquidity stood at $733.1 million as of September 30, 2026. On October 1, the board declared a quarterly cash dividend of $0.125 per common share, payable November 5 to holders of record on October 20. Costamare is one of the world’s leading owners and providers of containerships for charter.
Costamare Inc. announced the election of Konstantinos Zacharatos as a Class I director during its virtual annual meeting of stockholders held on October 6, 2026. He will serve a term ending at the 2029 annual meeting until his successor is duly elected and qualified. Stockholders also ratified Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the Company’s independent auditors for the fiscal year ending December 31, 2026. Costamare Inc. is one of the world's leading owners and providers of containerships for charter.
Costamare Inc. declared quarterly cash dividends for its preferred and common stock. The company declared $0.476563 per share on Series B Preferred Stock, $0.531250 per share on Series C Preferred Stock, and $0.546875 per share on Series D Preferred Stock, payable October 15, 2026 to holders of record as of October 14, 2026. Additionally, a quarterly dividend of $0.125 per share was declared for common stock, payable November 5, 2026 to holders of record as of October 20, 2026. Costamare Inc. is one of the world’s leading owners and providers of containerships for charter.