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    Pernille Buhl • Stifel

    Pernille Buhl's questions to Costamare Inc (CMRE) leadership

    Pernille Buhl's questions to Costamare Inc (CMRE) leadership • Q3 2024

    Question

    Pernille Buhl, on behalf of Ben Nolan, asked about the potential for a dividend increase, citing the company's improved cash flow visibility and strengthened balance sheet.

    Answer

    Executive Gregory Zikos responded that any dividend change is a Board decision and he could not provide specific guidance. However, he noted that the company's dividend policy is flexible and that historically, Costamare has utilized various methods to return capital, including one-off dividend payments, steady quarterly dividend increases, and share buybacks, leaving open the possibility for future actions.

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    Pernille Buhl's questions to Costamare Inc (CMRE) leadership • Q3 2024

    Question

    Pernille Buhl, on behalf of Ben Nolan at Stifel, asked about the potential for a dividend increase, citing improved cash flow visibility and a strengthening balance sheet.

    Answer

    Executive Gregory Zikos responded that while dividend policy is a Board decision, the policy is flexible. He noted that the company has previously issued one-off dividends, increased the quarterly payout, and conducted share buybacks, but he could not provide specific guidance on future actions at this time.

    Ask Fintool Equity Research AI