Costamare Inc. Declares Quarterly Dividend of $0.27 Per Share
News Release
Costamare Inc.
October 5, 2012
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<BODY>ATHENS, GREECE - October 5, 2012 - Costamare Inc. (the "Company") (NYSE:
CMRE) has declared a quarterly dividend of $0.27 per share for the quarter ended
September 30, 2012. <BR clear=all><BR clear=all>Dividend Declaration <BR
clear=all><BR clear=all>The Company today declared a cash dividend on its common
stock of $0.27 per common share, payable on November 6, 2012 to stockholders of
record at the close of trading of the Company's common stock on the New York
Stock Exchange on October 22, 2012. The Company has 67,800,000 shares of common
stock outstanding as of today. <BR clear=all><BR clear=all>The declaration of a
dividend is subject to the discretion of the Board of Directors of the Company,
and accordingly will depend on, among other things, the Company's earnings,
financial condition and cash requirements and availability, the Company's
ability to obtain debt and equity financing on acceptable terms as contemplated
by the Company's growth strategy, the restrictive covenants in the Company's
existing and future debt instruments and global economic conditions. <BR
clear=all><BR clear=all>
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<BODY>ATHENS, GREECE - October 5, 2012 - Costamare Inc. (the "Company") (NYSE:
CMRE) has declared a quarterly dividend of $0.27 per share for the quarter ended
September 30, 2012. <BR clear=all><BR clear=all>Dividend Declaration <BR
clear=all><BR clear=all>The Company today declared a cash dividend on its common
stock of $0.27 per common share, payable on November 6, 2012 to stockholders of
record at the close of trading of the Company's common stock on the New York
Stock Exchange on October 22, 2012. The Company has 67,800,000 shares of common
stock outstanding as of today. <BR clear=all><BR clear=all>The declaration of a
dividend is subject to the discretion of the Board of Directors of the Company,
and accordingly will depend on, among other things, the Company's earnings,
financial condition and cash requirements and availability, the Company's
ability to obtain debt and equity financing on acceptable terms as contemplated
by the Company's growth strategy, the restrictive covenants in the Company's
existing and future debt instruments and global economic conditions. <BR
clear=all><BR clear=all>
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