Costamare Inc. (NYSE:CMRE) spotted trading -6.56% off 52-week high price. On the other end, the stock has been noted 45.89% away from the low price over the last 52-weeks. The stock changed 2.51% to recent value of $6.12. The stock transacted 209994 shares during most recent day however it has an average volume of 347.77K shares. The company has 109.71M of outstanding shares and 49.18M shares were floated in the market.
On Oct. 2, 2019, Costamare Inc. (NYSE:CMRE) has notified cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (the Series B Preferred Stock) (NYSE: CMRE PR B), US $0.531250 per share on its 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock (the Series C Preferred Stock) (NYSE: CMRE PR C), US $0.546875 per share on its 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (the Series D Preferred Stock) (NYSE: CMRE PR D) and US $0.554688 per share on its 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock (the Series E Preferred Stock) (NYSE: CMRE PR E). The dividend for the Series B Preferred Stock, the Series C Preferred Stock, the Series D Preferred Stock and the Series E Preferred Stock is for the period from July 15, 2019, to October 14, 2019. The dividend will be paid on October 15, 2019 to all holders of record as of October 11, 2019 of Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock.
The Company has also declared a quarterly dividend on its common stock of US $0.10 per share for the quarter ended September 30, 2019. The dividend for the common stock is payable on November 7, 2019, to holders of record of common stock as of October 22, 2019.
The declaration of a dividend is subject to the discretion of the Board of Directors of the Company, and accordingly will depend on, among other things, the Company’s earnings, financial condition and cash requirements and availability, the Company’s ability to obtain debt and equity financing on acceptable terms as contemplated by the Company’s growth strategy, the restrictive covenants in the Company’s existing and future debt instruments and global economic conditions.
Its earnings per share (EPS) expected to touch remained -35.40% for this year. CMRE has a gross margin of 70.80% and an operating margin of 29.70% while its profit margin remained 6.90% for the last 12 months.
According to the most recent quarter its current ratio was 0.8 that represents company’s ability to meet its current financial obligations. The price moved ahead of -1.21% from the mean of 20 days, 4.35% from mean of 50 days SMA and performed 13.44% from mean of 200 days price. Company’s performance for the week was -0.49%, 2.00% for month and YTD performance remained 39.41%.
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