filecrux
Oct 28, 11:39 AM
$CMRE Can Costamare keep earning
$0.73 a share when Q3 operating cash flow fell 16% from a year ago?
🏢 Costamare, a Monaco-based owner of 69 containerships it charters out, earned
$88.5M (
$0.73 a share) for common holders in Q3 2026 versus
$0.77 a year earlier, against a market value of about
$1.73B at
$14.35 at 16:00 ET on October 27, 2026
📈 On the other side, 99% of the 2027 containership fleet is already fixed, contracted revenue stands at about
$6.0B over a 5.8-year TEU-weighted term, and interest costs fell 13% to
$18.8M while the CFO says the new loans carry no debt maturity till 2030
📅 Next: The
$0.125 common dividend is payable on November 5, 2026, and the
$92 million two-vessel loan is expected to draw in Q4 2026
Source: GlobeNewswire release + SEC 6-K, Oct 28
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