In trading on Wednesday, shares of Costamare Inc.'s 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (Symbol: CMRE.PRD) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $22.93 on the day. This compares to an average yield of 9.39% in the "Transportation" preferred stock category, according to Preferred Stock Channel . As of last close, CMRE.PRD was trading at a 7.84% discount to its liquidation preference amount, versus the average discount of 12.49% in the "Transportation" category.
The chart below shows the one year performance of CMRE.PRD shares, versus CMRE:
Below is a dividend history chart for CMRE.PRD, showing historical dividend payments on Costamare Inc.'s 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock:
In Wednesday trading, Costamare Inc.'s 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (Symbol: CMRE.PRD) is currently down about 0.2% on the day, while the common shares (Symbol: CMRE) are down about 1.5%.
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