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CMRE Costamare dividend history, payout ratio & dates

Costamare's last dividend of $2.05 per share was on May 7, 2025 (ex-date). The annualized dividend payment of $2.51 per share represents a current dividend yield of 32.3%.

Key dates

  • CMRE last dividend date: May 7, 2025
CMRE dividend stats
DPS
$2.51
Dividend yield
32.3%
Payout ratio
102.9%
vs. Industrials sector
Dividend yield
1.58%
Payout ratio
35.2%

Dividend yield

What is Costamare current dividend yield

CMRE has a dividend yield of 32.3% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.58%, Costamare's dividend yield is 1,944% higher. Historically CMRE's dividend yield has averaged at 5.9% in the last 5 years, which is below 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 five dividends in the last twelve months. The annualized DPS has grown by 446% since one year ago. And with the stock price down by 42% from a year ago, the dividend yield has grown by 839%.

Recent dividends

Ex-date Amount Yield (TTM)
May 7, 2025 $2.05 35.6%
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 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 102.9% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 35.2%, Costamare's payout ratio is 192% higher.

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
CMRE Costamare Inc 32.3% $2.51 102.9%
ESEA Euroseas Ltd 21.31% $7.53 46.3%
DSX Diana Shipping Inc 12.23% $0.17 283.3%
GSL Global Ship Lease Inc 7.82% $1.73 17.8%
DAC Danaos Corporation 3.96% $3.3 12.6%

Frequently asked questions

Does Costamare pay a dividend?

Yes, Costamare has been paying dividends for the last 14 years.

When was CMRE's last dividend?

Costamare's last dividend ex-date was on May 7, 2025. The dividend amount was $2.05 per share.

How much dividend does Costamare pay (per share)?

On an annual basis CMRE pays $2.51 per share.

What is Costamare's dividend yield?

The current dividend yield of Costamare is 32.3%.

What is Costamare's dividend payout ratio?

Costamare's dividend payout ratio is 102.9%.

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.