Costamare's Series B Preferred Stock Yield Pushes Past 7.5%

In trading on Thursday, shares of Costamare Inc.'s 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (CMRE. RB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9063), with shares changing hands as low as $25.37 on the day.