Costamare reports solid results

Capt. John

Costamare Inc. on April 22 reported unaudited financial results for the first quarter ended March 31, 2019.

  • Adjusted Net Income available to common stockholders(1) of $13.6 million or $0.12 per share for the three-months ended March 31, 2019.
  • Declared dividend of $0.10 per share on its common stock and dividends on all four classes of its preferred stock.
  • Chartered in total 10 vessels over the quarter, with rates for Post-Panamax containerships (above 5,500 TEUs) posting substantial increases...

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