- Costamare delivered an impressive Q4, securing satisfactory long-term charters, significantly increasing its TEU-weighted average duration.
- Management favors growing and enhancing the fleet before a potential dividend increase. This should further strengthen the company.
- While shares have run continuously, the valuation remains reasonable, allowing for additional short-term upside. Still, the common and preferred yields have been pushed lower, offering reduced tangible returns.
For further details see:
Costamare: Favorable Winds And Thoughtful Execution In The Spotlight