Edition:
United Kingdom

Costamare board approves recommendation to declare $0.10 cash dividend per common share


Tuesday, 4 Oct 2016 

Costamare Inc : Costamare Inc announces new financing arrangements and dividend adjustment . Proceeds are expected to finance remaining yard installments for two vessels . Board of directors approved management recommendation to declare $0.10 cash dividend per each common share, decreased from $0.29 per share . Board approved recommendation to declare $0.10 cash dividend per common share, decreased from $0.29 per share distributed in previous quarter .In september 2016, finalized refinancing of us $ 1 billion facility.