SmarterDividends
CMRE

Costamare (CMRE) Dividend

Costamare Inc. · Industrials · Marine Shipping · quarterly payer

$12.72

Undervalued · +21% Add to Portfolio

As of Nov 8, 2026, Costamare (CMRE) pays a quarterly dividend of $0.1250 per share, or $0.50 a year, a 3.93% yield at its $12.72 share price. It pays every quarter, usually in May, August and November. It has a dividend safety grade of B.

Forward Yield

3.93%

Annual Dividend

$0.50

Payout Ratio

18%

5-Yr Growth

5.1%

Ex-Date

Oct 20, 2026

Frequency

Quarterly

Key facts about CMRE's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Costamare Inc. (CMRE) has a forward dividend yield of 3.93%, based on an annual dividend of $0.50 per share and a share price of $12.72.
  • As of Nov 8, 2026, CMRE's dividend safety grade from SmarterDividends is B (74 out of 100), which rates the dividend as safe.
  • CMRE last cut its regular dividend in 2016.
  • CMRE's most recent ex-dividend date was Oct 20, 2026, for a dividend of $0.13 per share.
  • As of Nov 8, 2026, CMRE pays out 18% of its trailing 12-month earnings as dividends (its payout ratio).
  • CMRE's dividend has grown at an average rate of 5.1% a year over the past five years.
  • As of Nov 8, 2026, CMRE's 3.93% yield is 14% above its five-year average yield of 3.45%.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for CMRE is $15.34 per share, 21% above the $12.72 share price, so CMRE screens as undervalued.
  • Costamare Inc. (CMRE) pays its dividend quarterly, 4 times a year.
  • Costamare Inc. (CMRE) has raised its regular dividend 6 times and cut it 1 time across the 62 payments on record since 2011. Its most recent change was a 8.7% increase to $0.125 per share, going ex-dividend on Jul 21, 2026. The last cut went ex-dividend on Oct 19, 2016.
Cite this page

SmarterDividends, "CMRE Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/CMRE

Is CMRE a good dividend stock?

Yes, with caveats

Costamare Inc. (CMRE) pays a quarterly dividend yielding 3.93% ($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 (18%)
  • Strong 5.1% 5-yr dividend growth

Risks

  • Cut its dividend in 2016

Key Data

Dividend Yield
3.93%
Payout Ratio
18%
Annual Dividend
$0.50
5-Yr Avg Growth
5.1%
Ex-Dividend Date
Oct 20, 2026
Years of Growth
1
Frequency
quarterly
Beta
1.06
Market Cap
$1.5B
P/E Ratio
4.9
5-Yr Total Return
6%
52-Week Range
$12.64 – $18.06
Dividend Safety
B · 74/100
Ever Cut?
Yes (2016)

CMRE dividend raises and cuts

Costamare Inc. (CMRE) has raised its regular dividend 6 times and cut it 1 time across the 62 payments on record since 2011. Its most recent change was a 8.7% increase to $0.125 per share, going ex-dividend on Jul 21, 2026. The last cut went ex-dividend on Oct 19, 2016.

Ex-dateChangeOld → newMove
Jul 21, 2026Raise$0.115 → $0.125+8.7%
Jul 21, 2025Raise$0.0854 → $0.115+34.7%
Jul 19, 2021Raise$0.0742 → $0.0854+15.0%
Oct 19, 2016Cut$0.215 → $0.0742−65.5%
Apr 17, 2015Raise$0.208 → $0.215+3.6%
May 7, 2014Raise$0.200 → $0.208+3.7%
Oct 19, 2011Raise$0.186 → $0.200+8.0%
Every CMRE payment →Download every raise and cut (CSV)
CMRE ex-dividend date & scheduleNext ex-date Oct 20, 2026 · full ex-dividend historyView →CMRE dividend historyEvery payment, totals by year, raises and cutsView →CMRE dividend calculator100 shares pay $50.00 a year, $12.50 each quarterCalculate →CMRE total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is CMRE a good dividend stock?

Yes, with caveats. Costamare Inc. (CMRE) pays a quarterly dividend yielding 3.93% ($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.

Is CMRE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CMRE's fair value is about $15.34 versus a $12.72 share price — so it looks undervalued (+21% vs. fair value).

Is CMRE's dividend safe?

CMRE has a dividend-safety grade of B (74/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2016, debt and yield-versus-history.

What is CMRE's fair value?

Our blended fair-value estimate for CMRE is about $15.34 per share, roughly 21% above the current $12.72 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CMRE a buy, hold, or sell?

We don't issue formal ratings, but on the data CMRE screens as "yes, with caveats" and undervalued. Costamare Inc. (CMRE) pays a quarterly dividend yielding 3.93% ($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. This is research for your own analysis, not investment advice.

Will CMRE cut its dividend?

CMRE earns a dividend-safety grade of B (74/100), and has cut its dividend before (last in 2016). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CMRE pay a dividend?

Yes. Costamare Inc. pays a quarterly dividend of about $0.50 per share annually, a forward yield of roughly 3.93%.

How much dividend does 100 shares of CMRE pay?

At $0.50 per share a year, 100 shares of CMRE pay $50.00 a year in dividends before tax, about $12.50 each quarter. Buying them costs about $1,272 at the Nov 8, 2026 price.

What is CMRE's dividend yield?

As of Nov 8, 2026, CMRE's forward dividend yield is 3.93%, based on a $0.50 annual dividend and a $12.72 share price.

What is CMRE's dividend per share?

As of Nov 8, 2026, CMRE pays $0.50 per share per year, distributed on a quarterly basis.

What is CMRE's dividend payout ratio?

As of Nov 8, 2026, CMRE's payout ratio is 18% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has CMRE grown its dividend?

As of Nov 8, 2026, CMRE has increased its dividend for 1 consecutive years.

When is the next CMRE ex-dividend date?

As of Nov 8, 2026, CMRE's next ex-dividend date hasn't been announced. The most recent was Oct 20, 2026, for $0.13 per share.

CMRE Dividend News

CMRE
IncreaseCMRE·Sep 21, 2026

Costamare Raises Quarterly Dividend 8.7% to $0.125

Costamare increased its quarterly dividend to $0.125 per share, producing a 3.23% forward yield at a share price of $15.46.

Income Calculator

At $0.50 / yr per share

Per payment (quarterly)$12.50
Annual$50.00
Monthly avg$4.17
Full CMRE dividend calculator →

Similar Dividend Stocks

GEGEGE Aerospace0.58%IndustrialsRTXRTXRTX Corporation1.54%32 yrCATCATCaterpillar Inc.1.17%32 yrCTATCTATFContemporary Amperex Technology Co., Limited0.42%Industrials

Compare CMRE

CMRE vs GECMRE vs RTXCMRE vs CATCMRE vs CTATF

Explore more

Lists and tools related to CMRE