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Costamare Inc. reported unaudited financial results for the third quarter (“Q3 2021”) and nine-months ended September 30, 2021. I. PROFITABILITY • Q3 2021 Net Income available to common stockholders of $107.4 million compared to $17.4 million in Q3 2020. • Q3 2021 Earnings per Share of $0.87 compared to $0.14 in Q3 2020. • Q3 ...
Costamare Inc. yesterday reported unaudited financial results for the first quarter ended March 31, 2021 (“Q1 2021”). I. COMMON DIVIDEND INCREASE • Management of the Company announced that it will recommend to the Board of Directors that the Board approve a fifteen percent (15%) dividend increase, beginning with the second quarter 2021 dividend, raising the ...
Share: MONACO, April 26, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (the "Company") (NYSE:CMRE) announced today the acquisition of York Capital's 60% equity interest, on average, in five 11,000 TEU containerships, four of which were built in 2017 and one of which was built in 2016. The acquisition brings the Company's ownership interest in these five vessels to 100%. The five vessels were initially contracted as new buildings in 2013 and 2015 under the joint venture with York Capital. The vessels currently operate under long-term charters, with four of them expiring in 2031 and the fifth one i...