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 $28.40, CMRE-P-D yields 7.70% on its $25 liquidation preference and 8.75% coupon.
It trades at a premium of 13.6% to par.
The issue is cumulative, perpetual (no stated maturity).
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.