Costamare Series D Cumulative Redeemable Perpetual Preferred Stock Crosses Above 9.5% Yield Territory
February 22, 2017 at 14:06 PM EST
In trading on Wednesday, shares of Costamare Inc.'s 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (CMRE. RD) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $22.93 on the day.