Preferred StocksAI-powered preferred stock research for income investors

← Back

CMRE'B NOW TRADING POST CALL DATE

Costamare Inc. · Series B · Shipping
Also quoted as: CMRE-B, CMREprB, CMRE.PRB, CMRE-PB, CMREpB
$25.42
last price · 2026-09-14

About this security

CMRE'B is a 7.625% cumulative perpetual preferred stock issued by Costamare Inc., grouped under Shipping. $25 liquidation preference, current yield 7.50%, callable from 2018-08-06.

Costamare Inc.: Costamare Inc. is an international owner and lessor of containerships and, through a separate platform, a participant in the dry bulk shipping market. The company operates primarily in the global maritime transportation industry, focusing on long-term chartering of vessels to major liner companies and industrial cargo operators. As of February 2026, it operated a fleet of 79 containerships and 38 dry bulk vessels. Founded in 1974, Costamare evolved from a private Greek shipping company into a publicly listed entity on the New York Stock Exchange in 2010. Company website

All Costamare Inc. securities and the issuer profile →

Key Stats ✓ Verified against SEC filing (prospectus linked below)

live page · rendered 19:22:33 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
7.50%
Annual Dividend
$1.9062
Recent Market Price
$25.42
as of 2026-09-14
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
−$0.42 (-1.7%)
Recent Ex-Date
2026-07-14
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
7.625%
Call Date
2018-08-06 ⚑ callable now
Yield to Call
n/a (callable now)
Yield to Worst
n/a (callable now)
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Pay Dates
January 15, April 15, July 15, October 15
Shares Offered (original)
2,000,000 +300,000 OA
Issued
2013-08-06
Series
B
Alt. Symbology
CMRE-B, CMREprB, CMRE.PRB, CMRE-PB, CMREpB

vs. Shipping (17 issues with a current yield): yield 7.50% vs avg 8.37% · discount +1.7% vs avg -0.2%

Quote

 CMRE'B (preferred)CMRE (common)
As of 2026-09-14 2026-09-14
Last $25.42 $15.13
Change -0.03 (-0.12%) -0.15 (-0.98%)
Open$25.42$15.23
High / Low $25.45 / $25.42 $15.23 / $14.88
Prev Close$25.45$15.28
Volume1,386348,111
52-Week High / Low $27.10 / $25.20 $18.05 / $10.84

End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

CMRE'B CMRE (common)

Dividend History

Ex-DateAmount / Share
2026-07-14$0.476563
2026-04-14$0.476563
2026-01-14$0.476563
2025-10-14$0.476563
2025-07-14$0.476563
2025-04-14$0.476563
2025-01-14$0.476563
2024-10-11$0.476563
2024-07-12$0.476563
2024-04-11$0.476563
2024-01-11$0.476563
2023-10-12$0.476563

Performance: $10K Calculator

See what an investment in CMRE'B would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

Get dividend & filing alerts for CMRE'B →

Prospectus (SEC 424B5)

We are offering 2,000,000 shares of our 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock, par value $0.0001 per share, liquidation preference $25.00 per share (the “Series B Preferred Stock”).

Use of proceeds: Net proceeds will be used for general corporate purposes, including vessel acquisitions or investments under the Framework Agreement or otherwise.

Full Prospectus (SEC filing) →

Other Securities from Costamare Inc.

SymbolTypeCouponPriceYield
CMRE'C preferred 8.500% 26.69 7.96%
CMRE'D preferred 8.750% 26.64 8.21%

News: Costamare Inc.

Issuer news via Tiingo, filtered to stories about CMRE.

Loading…

★ Save your favorites

No password needed; just your email. We'll remember the preferreds you star so they're waiting when you come back. Next time, enter the same email to pull up your whole list anywhere.

Ask the data
Preferred Stock Assistant
Ask me anything, e.g. "highest-yield monthly REIT preferred under par" or "what if I'd put $10k in SACH-P-A in 2022?"
Theme Original Apex Nova Aurora Lumen Brutalist