Costamare's Series D Preferred Stock Crosses Above 8.5% Yield Territory
October 13, 2021 at 14:11 PM EDT
In trading on Wednesday, shares of Costamare Inc's 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (CMRE. RD) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $25.73 on the day.