Investment Overview
Costamare (CMRE) is an international owner of containerships with a fleet of 78 vessels aggregating 541,000TEU. The company’s fleet is time chartered to major liner companies globally with a company having a diverse range of containerships that include the feeder, Panamax and post-Panamax containerships.
From a stock price perspective, Costamare was trading at $4.39 on December 31, 2018. The stock currently trades at $5.23 and this implies an upside of 19.0% for YTD19. This article will discuss the triggers that point to further upside for this 7.6% dividend yield stock.
The