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Costamare (CMRE) Dividend Yield, Date & History

Costamare logo
$12.39 -0.03 (-0.24%)
(As of 12/20/2024 05:16 PM ET)

Costamare Dividend Summary

Dividend Yield
3.71%
Annual Dividend
$0.46
Recent
Dividend Payment
Nov. 6
Annualized 3-Year
Dividend Growth
4.77%
Dividend Payout Ratio
15.28%

Costamare (CMRE) pays an annual dividend of $0.46 per share, with a dividend yield of 3.71%. The next quarterly payment of $0.1150 per share was paid on Wednesday, November 6, to investors who owned the stock before the ex-dividend date of Monday, October 21. The company currently pays out 15.28% of its earnings and 11.95% of its cash flow as dividends.

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CMRE Dividend Payments by Quarter

The chart below displays up to four years of Costamare's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CMRE Dividend Yield Over Time

The chart below tracks Costamare's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Costamare vs. The Competition

Compare Costamare's annual dividend, yield, and 3-year growth rate with averages for Transportation and NYSE companies to evaluate its performance against the market.

TypeCostamareTransportation CompaniesNYSE Companies
Annual Dividend$0.46$0.01$1.39
Dividend Yield3.71%4.45%3.59%
Annualized 3-Year Dividend Growth4.77%26.12%15.78%

Costamare Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings15.28%
Based on This Year's Estimate16.25%
Based on Next Year's Estimate15.65%
Based on Cashflow11.95%

Costamare Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
9/30/2024Quarterly$0.1150 - 2.98%10/21/202410/21/202411/6/2024
7/1/2024Quarterly$0.1150 - 2.82%7/19/20247/19/20248/6/2024
4/2/2024quarterly$0.1150 - 4%4/18/20244/19/20245/6/2024
1/2/2024Quarterly$0.1150 - 4.31%1/19/20241/22/20242/7/2024
10/2/2023Quarterly$0.1150 - 4.85%10/19/202310/20/202311/6/2023
7/3/2023Quarterly$0.1150 - 4.58%7/19/20237/20/20238/7/2023
4/3/2023quarterly$0.1150 - 5%4/18/20234/19/20235/5/2023
1/3/2023Quarterly$0.1150 - 4.92%1/19/20231/20/20232/7/2023

This table shows Costamare's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Costamare Dividend - Frequently Asked Questions

The current dividend yield for Costamare is 3.71%. Learn more on CMRE's dividend yield history.

The annual dividend for CMRE shares is $0.46. Learn more on CMRE's annual dividend history.

Costamare pays quarterly dividends to shareholders.

Costamare's most recent quarterly dividend payment of $0.1150 per share was made to shareholders on Wednesday, November 6, 2024.

Costamare's most recent ex-dividend date was Monday, October 21, 2024.

Over the past three years, the company's dividend has grown by an average of 4.77% per year.

The most recent change in the company's dividend was an increase of $0.0150 on Thursday, July 1, 2021.

The dividend payout ratio for CMRE is:
  • 15.28% based on the trailing year of earnings
  • 16.25% based on this year's estimates
  • 15.65% based on next year's estimates
  • 11.95% based on cash flow

Costamare's dividend yield of 3.64% is lower than the average Transportation company that issues a dividend. Costamare's dividend payout ratio of 15.28% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Costamare stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:CMRE) was last updated on 12/21/2024 by MarketBeat.com Staff
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