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BRIEF-Costamare board approves recommendation to declare $0.10 cash dividend per common share

Oct 4 Costamare Inc :

* Costamare Inc announces new financing arrangements and dividend adjustment

* Proceeds are expected to finance remaining yard installments for two vessels

* Board of directors approved management recommendation to declare $0.10 cash dividend per each common share, decreased from $0.29 per share

* Board approved recommendation to declare $0.10 cash dividend per common share, decreased from $0.29 per share distributed in previous quarter

* In september 2016, finalized refinancing of us $ 1 billion facility Source text for Eikon: Further company coverage:

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