Costamare Inc. has declared cash dividends of USD 0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock, USD 0.531250 per share on its 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock, USD 0.546875 per share on its 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock and USD 0.554688 per share on its 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock. The dividend for the Series B Preferred Stock, the Series C Preferred Stock, the Series D Preferred Stock and the Series E Preferred Stock is for the period from October 15, 2019, to January 14, 2020. The dividend will be paid on January 15, 2020 to all holders of record as of January 14, 2020 of Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock.

The Company has also declared a quarterly dividend on its common stock of USD 0.10 per share for the quarter ended December 31, 2019. The dividend for the common stock is payable on February 5, 2020, to holders of record of common stock as of January 21, 2020.