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 2.99%. The latest CMRE payout of $0.125 marks a dividend growth of 9%.
CMRE has a dividend yield of 2.99% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.46%, Costamare's dividend yield is 105% higher. Historically CMRE's dividend yield has averaged at 8.0% 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 marks a decrease of 81% since one year ago. And with the stock price up by 63% from a year ago, the dividend yield marks a decrease of 89%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jul 21, 2026 | $0.125 | 3.07% |
| Apr 20, 2026 | $0.115 | 2.68% |
| Jan 20, 2026 | $0.115 | 16.26% |
| Oct 21, 2025 | $0.115 | 22.27% |
| Jul 21, 2025 | $0.115 | 27.46% |
| 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% |
CMRE has a payout ratio of 17.5% 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 32.8%, Costamare's payout ratio is 47% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GSL Global Ship Lease Inc | 5.5% | $2.4 | 22.8% |
| ESEA Euroseas Ltd | 4.68% | $3.6 | 18.9% |
| DAC Danaos Corporation | 3.17% | $4.45 | 15.7% |
| CMRE Costamare Inc | 2.99% | $0.47 | 17.5% |
| DSX Diana Shipping Inc | 1.78% | $0.04 | 11.4% |
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 2.99%.
Costamare pays dividends quarterly.
Costamare's dividend payout ratio is 17.5%.
Costamare's dividend yield is above the Industrials sector average.
Special dividends are included in TTM DPS and yield.