Examples of Series C Preferred Stock in a sentence
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, Series D Preferred Stock and Series E Preferred Stock that should be paid for the period.
We had outstanding prior to June 30, 2004, 25,000 shares of Series C Convertible Preferred Stock which consisted of two components, namely, (i) non-convertible redeemable preferred stock with a 6.0% annual dividend (the ‘‘Host Contract’’) and (ii) an ‘‘Embedded Derivative’’ which reflected the right of the holders of the Series C Preferred Stock to convert into our common stock on the terms set forth in the Series C Preferred Stock.
During the three-month period ended March 31, 2023, the Company declared and paid to its holders of Series C Preferred Stock $2,111, or $0.531250 per share for the period from October 15, 2022 to January 14, 2023.During the three-month period ended March 31, 2022, the Company declared and paid to its holders of Series D Preferred Stock $2,180, or $0.546875 per share for the period from October 15, 2021 to January 14, 2022.
For all periods presented, ‘‘Adjusted EBITDA’’ consists of net income (loss) plus accretion of environmental liabilities, depreciation and amortization, net interest expense, provision for (benefit from) income taxes, non-recurring severance charges, other non-recurring refinancing-relatedexpenses, and change in value of the embedded derivative associated with our previously outstanding Series C Preferred Stock (which we redeemed June 30, 2004).
Dividends paid or accrued on Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock during the three-month periods ended March 31, 2022 and 2023, amounted to $7,595.Net income $123,037 $148,864 Less: Net loss attributable to the Redeemable non-controlling interest in subsidiary - 291 Net income attributable to Costamare Inc.