Note 15 - Earnings Per Share (EPS)

6 Months Ended

Jun. 30, 2017

15.

Earnings per share (EPS)

All common shares issued are Costamare common stock and have equal rights to vote and participate in dividends. Profit or loss attributable to common equity holders is adjusted by the contractual amount of dividends on Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock that should be paid for the period. Dividends paid or accrued on Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock during both the

six

-month periods ended

June 30, 2016

and

2017,

amounted to

$10,473

	For the six-month periods ended June 30,
	2016			2017
		Basic EPS			Basic EPS
Net income	$	72,038		$	46,063
Less: paid and accrued earnings allocated to Preferred Stock		(10,473	)		(10,473	)
Net income available to common stockholders		61,565			35,590
Weighted average number of common shares, basic and diluted		75,474,844			93,851,789
Earnings per common share, basic and diluted	$	0.82		$	0.38