CMRE-P-D: Costamare Inc. 8.75% Series D Preferred Stock
Costamare Inc.'s CMRE-P-D is an exchange-traded preferred stock in the Deep Sea Foreign Transportation Of Freight sector.
At a recent price of $27.23, CMRE-P-D yields 8.03% on its $25 liquidation preference and 8.75% coupon.
It trades at a premium of 8.9% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2020-05-13.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.