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CMRE Costamare dividend history, payout ratio & dates

Costamare's last dividend of $0.115 per share was on Oct 21, 2024 (ex-date). The annualized dividend payment of $0.46 per share represents a current dividend yield of 3.71%.

Key dates

  • CMRE last dividend date: Oct 21, 2024
CMRE dividend stats
DPS
$0.46
Dividend yield
3.71%
Payout ratio
15.3%
vs. Industrials sector
Dividend yield
1.46%
Payout ratio
33.1%

Dividend yield

What is Costamare current dividend yield

CMRE has a dividend yield of 3.71% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.46%, Costamare's dividend yield is 154% higher. Historically CMRE's dividend yield has averaged at 4.6% in the last 5 years, which is above the current yield.

Dividend history

What is CMRE dividend payout history and dates

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 not changed since one year ago. But with the stock price up by 17% from a year ago, the dividend yield marks a decrease of 15%.

Recent dividends

Ex-date Amount Yield (TTM)
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 4.65%
Oct 19, 2022 $0.115 4.86%
Jul 20, 2022 $0.115 3.99%
Apr 18, 2022 $0.115 2.89%
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%

Costamare dividend payout ratio

What is Costamare dividend payout ratio compared to the sector

Payout ratio

CMRE has a payout ratio of 15.3% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 33.1%, Costamare's payout ratio is 54% lower.

Total amount of dividends paid per financial year (from cash flow)

CMRE dividend vs peer dividends

How does CMRE dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
DSX Diana Shipping Inc 12.7% $0.24 335.7%
GSL Global Ship Lease Inc 7.76% $1.65 18.3%
ESEA Euroseas Ltd 7.01% $2.4 14.7%
DAC Danaos Corporation 4.25% $3.25 11.2%
CMRE Costamare Inc 3.71% $0.46 15.3%

Frequently asked questions

Does Costamare pay a dividend?

Yes, Costamare has been paying dividends for the last 13 years.

When was CMRE's last dividend?

Costamare's last dividend ex-date was on Oct 21, 2024. The dividend amount was $0.115 per share.

How much dividend does Costamare pay (per share)?

On an annual basis CMRE pays $0.46 per share.

What is Costamare's dividend yield?

The current dividend yield of Costamare is 3.71%.

How often does Costamare pay dividends?

Costamare pays dividends quarterly.

What is Costamare's dividend payout ratio?

Costamare's dividend payout ratio is 15.3%.

Does Costamare pay a good dividend?

Costamare's dividend yield is above the Industrials sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.