Costamare Inc.

Costamare Inc. announced that its Board of Directors has called the 2026 Annual Meeting of Stockholders. The meeting will be held virtually on Tuesday, October 6, 2026. Stockholders of record as of August 11, 2026, will be entitled to vote, and the notice and proxy statement will be distributed around August 12, 2026.

Costamare Inc. announced that its Board of Directors has called an annual meeting of stockholders to be held virtually on Tuesday, October 6, 2026. Stockholders of record as of the close of business on Tuesday, August 11, 2026, will be eligible to vote. The notice of the annual meeting and the Company's proxy statement will be distributed to stockholders on or around Wednesday, August 12, 2026.

Costamare Inc. has declared cash dividends for its Series B, C, and D Cumulative Redeemable Perpetual Preferred Stocks. The Series B will pay $0.476563 per share, Series C $0.531250 per share, and Series D $0.546875 per share, all payable on July 15, 2026. Additionally, the company declared a quarterly dividend of $0.125 per share on its common stock for the quarter ended June 30, 2026, payable on August 6, 2026.

Costamare Inc. reported a decline in its first quarter 2026 financial results, with net income attributable to the company decreasing by 19.7% to $80.4 million. Total revenues for the quarter were $211.1 million, a 5.3% decrease compared to the same period in 2025, and diluted earnings per share fell 21.5% to $0.62. The company's total assets and stockholders' equity, however, showed an increase from the end of the previous fiscal year.

Costamare Inc. reported a decrease in Net Income from continuing operations by 26.8% to $81.9 million for Q1 2026, with Voyage revenue declining 7.2% to $201.6 million. EPS from continuing operations also fell to $0.62 from $0.88 year-over-year. The revenue decrease was primarily due to lower charter rates, increased off-hire days for dry-dockings, and lower accounting revenue for sale-type leases, partially offset by EU Emissions Allowances reimbursements and revenue from a newly acquired vessel. Despite this, income from investments in leaseback vessels grew significantly, and the company continues its fleet expansion with 22 newbuilds and two secondhand containerships under agreement.

Costamare Inc. reported a significant decline in its Q1 2026 financial results from continuing operations. Net income decreased by 26.8% to $81.9 million, while voyage revenue fell 7.2% to $201.6 million, primarily due to lower charter rates and increased off-hire days. Despite these declines, income from investments in leaseback vessels saw a substantial 66.7% increase to $9.5 million, and interest and finance costs decreased.

Costamare Inc. reported Q1 2026 Adjusted Net Income of $76.0 million ($0.63 per share) and Net Income of $75.3 million ($0.62 per share), with liquidity at $644.4 million. The company announced a recommended quarterly dividend increase from $0.115 to $0.125 per common share, starting Q2 2026. Costamare also entered into 16 shipbuilding contracts for new container vessels backed by long-term charters with COSCO, adding approximately $2.8 billion in contracted revenues. Additionally, two secondhand 5,600 TEU vessels were agreed for acquisition, each with a 42-month time charter.

Costamare Inc. announced it will release its first quarter results for the period ended March 31, 2026, before the market opens on Wednesday, April 29, 2026. The company will also host a conference call and live webcast on the same day at 8:30 a.m. ET to discuss the financial results. A replay of the conference call will be available until May 6, 2026.