Costamare Inc.
CMREIndustrials · Stock · quarterly payer
Forward Yield
3.23%
Annual Dividend
$0.50
Payout Ratio
17%
5-Yr Growth
5.1%
Ex-Date
Jul 21, 2026
Frequency
Quarterly
Summary
As of September 2026, Costamare Inc. (CMRE) yields 3.23% ($0.50 per share annually), with a blended fair-value estimate of $14.32 — -7% downside, so it screens as fairly valued. Dividend safety grade: B (74/100). 1 years of dividend growth.
Is CMRE a good dividend stock?
Yes, with caveatsCostamare Inc. (CMRE) pays a quarterly dividend yielding 3.23% ($0.50/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (17%)
- Strong 5.1% 5-yr dividend growth
Risks
- Cut its dividend in 2016
Key Data
- Dividend Yield
- 3.23%
- Payout Ratio
- 17%
- Annual Dividend
- $0.50
- 5-Yr Avg Growth
- 5.1%
- Ex-Dividend Date
- Jul 21, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.91
- Market Cap
- $1.9B
- P/E Ratio
- 5.8
- 5-Yr Total Return
- 15%
- 52-Week Range
- $10.84 – $18.06
- Dividend Safety
- B · 74/100
- Ever Cut?
- Yes (2016)
Frequently Asked Questions
CMRE Price — Last 12 Months
Daily close
Price Return
1 Year
+27%
3 Years
+71%
5 Years
+15%
52-Week Range
$10.84 – $18.06
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CMRE worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Costamare Inc. is $14.32 per share, versus a market price of $15.46. That implies the stock is roughly fairly priced.
Fair Value
$14.32
Current Price
$15.46
Gap
-7%
Margin of Safety
-8%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $2.65 EPS, $0.50 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CMRE Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 21, 2026 | — | $0.1250 | regular |
| Apr 20, 2026 | — | $0.1150 | regular |
| Jul 21, 2025 | — | $0.1150 | regular |
| Apr 17, 2025 | — | $0.0854 | regular |
| Jan 21, 2025 | — | $0.0854 | regular |
| Oct 21, 2024 | — | $0.0854 | regular |
| Jul 19, 2024 | — | $0.0854 | regular |
| Apr 18, 2024 | — | $0.0854 | regular |
| Jan 19, 2024 | — | $0.0854 | regular |
| Oct 19, 2023 | — | $0.0854 | regular |
| Jul 19, 2023 | — | $0.0854 | regular |
| Apr 18, 2023 | — | $0.0854 | regular |
| Jan 19, 2023 | — | $0.0854 | regular |
| Oct 19, 2022 | — | $0.0854 | regular |
Income Calculator
At $0.50 / yr per share
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