Costamare: Profits Without Shareholder Rewards--Why The Stock Could Drop 30% (NYSE:CMRE)

Core Insights - Costamare Inc (CMRE) has one of the oldest fleets in the shipping industry and is currently in the process of renewing it [1] - Despite experiencing its most profitable years, shareholder dividends have been frozen for the last few years [1] Company Overview - Costamare Inc operates in the shipping industry with a focus on container vessels [1] - The company is taking steps to modernize its fleet, which may enhance operational efficiency and competitiveness [1] Financial Performance - The company has seen significant profitability in recent years, yet this has not translated into dividend payouts for shareholders [1]