Welcome to our dedicated page for Costamare news (Ticker: CMRE), a resource for investors and traders seeking the latest updates and insights on Costamare stock.
Costamare Inc. (NYSE: CMRE) is a prominent international owner and provider of containerships and dry bulk vessels, headquartered in Athens, Greece. Established under Greek and Marshall Islands jurisdiction, Costamare is a significant player in the maritime industry, offering a comprehensive range of charter services to some of the world's leading liner companies.
Costamare's core business revolves around the transportation of containerized and dry bulk cargoes. The company's extensive fleet includes high-standard vessels such as Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, and Maersk Kobe, among others. These vessels are chartered to ocean carriers that prioritize safety and reliability, ensuring the seamless movement of goods across the globe.
The company generates a majority of its revenue from the United States, reflecting its strong market presence and operational efficiency. Recent achievements highlight Costamare's commitment to growth and innovation. The company has been actively involved in vessel acquisitions and disposals, continuously modernizing its fleet to meet the evolving demands of the maritime industry.
Financially, Costamare maintains a robust position with significant cash flows from its operating activities. The company has successfully managed to keep several of its vessels debt-free, enhancing its financial stability and investment potential. Key financial figures and updates are regularly disclosed, with detailed reconciliations of net income to adjusted net income and adjusted earnings per share available for review.
Costamare's senior management, including Chief Financial Officer Gregory Zikos and Business Development lead Konstantinos Tsakalidis, play pivotal roles in steering the company's strategic direction. Their expertise and vision are critical to maintaining Costamare's leading position in the maritime sector.
For investors and stakeholders seeking the latest updates and relevant information about Costamare Inc., the company frequently announces dividend distributions and conducts detailed conference calls to discuss its operational and financial performance.
Contact Information:
Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: ir@costamare.com
Costamare Inc. (NYSE: CMRE) announced cash dividends for its preferred stocks totaling up to US $0.554688 per share for Series B, C, D, and E, payable on April 17, 2023. The dividend for the common stock is set at US $0.115 per share, to be paid on May 5, 2023. The dividend declaration depends on the Company's financial condition, earnings, and economic conditions. With a fleet of 71 containerships and 44 dry bulk vessels, Costamare is a prominent player in the shipping industry, focusing on growth and maintaining financial health.
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