CMRE-P-C: Costamare Inc. 8.5% Series C Preferred Stock
Costamare Inc.'s CMRE-P-C is an exchange-traded preferred stock in the Deep Sea Foreign Transportation Of Freight sector.
At a recent price of $26.62, CMRE-P-C yields 7.98% on its $25 liquidation preference and 8.5% coupon.
It trades at a premium of 6.5% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2019-01-21.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.