Costamare's Series B Preferred Stock Crosses Above 9% Yield Territory
July 13, 2020 at 15:26 PM EDT
In trading on Monday, shares of Costamare Inc's 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (CMRE. RB) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.9063), with shares changing hands as low as $20.82 on the day.