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 3.27%.
Key dates
- CMRE last dividend date: Oct 21, 2024
CMRE dividend stats
vs. Industrials sector
Dividend yield
CMRE has a dividend yield of 3.27% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.36%, Costamare's dividend yield is 140% higher. Historically CMRE's dividend yield has averaged at 4.6% in the last 5 years, which is above the current yield.
Dividend history
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 49% from a year ago, the dividend yield marks a decrease of 33%.
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
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 32.7%, Costamare's payout ratio is 53% lower.
Total amount of dividends paid per financial year (from cash flow)
CMRE dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DSX Diana Shipping Inc | 10.47% | $0.23 | 204.5% |
| GSL Global Ship Lease Inc | 7.08% | $1.58 | 17.5% |
| ESEA Euroseas Ltd | 5.69% | $2.3 | 13.5% |
| DAC Danaos Corporation | 3.73% | $3.2 | 11% |
| CMRE Costamare Inc | 3.22% | $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 3.27%.
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.