Costamere Inc. (NYSE: CMRE) entered a new loan agreement, refinanced two credit facilities and cut its quarterly dividend to 10 cents per common share payable on November 4, 2016 to shareholders of record October 21, 2016. The stock price dropped $1.73 to close at $7.32.
Costamere cuts dividend
October 04, 2016 at 18:48 PM EDT
