Costamare's last dividend of $0.125 per share was on Jul 21, 2026 (ex-date). The annualized dividend payment of $0.47 per share represents a current dividend yield of 3.21%. The latest CMRE payout of $0.125 marks a dividend growth of 9%.
CMRE has a dividend yield of 3.21% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.46%, Costamare's dividend yield is 120% higher. Historically CMRE's dividend yield has averaged at 4.6% in the last 5 years, which is above the current yield.
Costamare has a history of paying dividends since 2011. Our records of CMRE show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 2.2% since one year ago. But with the stock price up by 31% from a year ago, the dividend yield marks a decrease of 22%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jul 21, 2026 | $0.125 | 3.07% |
| Apr 20, 2026 | $0.115 | 2.68% |
| Jan 20, 2026 | $0.115 | 2.98% |
| Oct 21, 2025 | $0.115 | 4.08% |
| Jul 21, 2025 | $0.115 | 5.03% |
| Apr 17, 2025 | $0.115 | 5.15% |
| Jan 21, 2025 | $0.115 | 3.82% |
| Oct 21, 2024 | $0.115 | 3.27% |
| Jul 19, 2024 | $0.115 | 3.2% |
| Apr 18, 2024 | $0.115 | 4.31% |
| Jan 19, 2024 | $0.115 | 4.19% |
| Oct 19, 2023 | $0.115 | 5.08% |
| Jul 19, 2023 | $0.115 | 4.66% |
| Apr 18, 2023 | $0.115 | 4.58% |
| Jan 19, 2023 | $0.115 | 8.54% |
| Oct 19, 2022 | $0.115 | 8.93% |
| Jul 20, 2022 | $0.115 | 7.34% |
| Apr 18, 2022 | $0.5 | 5.3% |
| Jan 19, 2022 | $0.115 | 3.42% |
| Oct 19, 2021 | $0.115 | 2.99% |
| Jul 19, 2021 | $0.115 | 4.15% |
| Apr 19, 2021 | $0.1 | 4.07% |
| Jan 19, 2021 | $0.1 | 4.59% |
| Oct 19, 2020 | $0.1 | 5.89% |
| Jul 21, 2020 | $0.1 | 8.44% |
| Apr 20, 2020 | $0.1 | 8.06% |
| Jan 17, 2020 | $0.1 | 3.82% |
| Oct 21, 2019 | $0.1 | 5.84% |
| Jul 19, 2019 | $0.1 | 7.35% |
| Apr 18, 2019 | $0.1 | 6.97% |
| Jan 18, 2019 | $0.1 | 8.06% |
| Oct 22, 2018 | $0.1 | 6.73% |
| Jul 20, 2018 | $0.1 | 5.41% |
| Apr 19, 2018 | $0.1 | 5.87% |
| Jan 22, 2018 | $0.1 | 6.37% |
| Oct 20, 2017 | $0.1 | 6.49% |
| Jul 20, 2017 | $0.1 | 5.87% |
| Apr 19, 2017 | $0.1 | 8.77% |
| Jan 19, 2017 | $0.1 | 12.83% |
| Oct 19, 2016 | $0.1 | 13.22% |
| Aug 1, 2016 | $0.29 | 11.97% |
| Apr 15, 2016 | $0.29 | 11.76% |
| Jan 19, 2016 | $0.29 | 17.24% |
| Oct 19, 2015 | $0.29 | 7.95% |
| Jul 20, 2015 | $0.29 | 6.29% |
| Apr 17, 2015 | $0.29 | 5.79% |
| Jan 16, 2015 | $0.28 | 6.83% |
CMRE has a payout ratio of 17.9% which is higher than its peers average but lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 32%, Costamare's payout ratio is 44% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GSL Global Ship Lease Inc | 5.69% | $2.4 | 23.1% |
| ESEA Euroseas Ltd | 4.88% | $3.6 | 18.9% |
| CMRE Costamare Inc | 3.21% | $0.47 | 17.9% |
| DAC Danaos Corporation | 3.14% | $4.45 | 15% |
| DSX Diana Shipping Inc | 1.61% | $0.04 | 8.2% |
Yes, Costamare has been paying dividends for the last 15 years.
Costamare's last dividend ex-date was on Jul 21, 2026. The dividend amount was $0.125 per share.
On an annual basis CMRE pays $0.47 per share.
The current dividend yield of Costamare is 3.21%.
Costamare pays dividends quarterly.
Costamare's dividend payout ratio is 17.9%.
Costamare's dividend yield is above the Industrials sector average.
Special dividends are included in TTM DPS and yield.