CMRE-P-B: Costamare Inc. 7.625% Series B Preferred Stock
Costamare Inc.'s CMRE-P-B is an exchange-traded preferred stock in the Deep Sea Foreign Transportation Of Freight sector.
At a recent price of $25.80, CMRE-P-B yields 7.39% on its $25 liquidation preference and 7.625% coupon.
It trades at a premium of 3.2% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2018-08-06.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.