SmarterDividends
CMRE

Costamare Inc.

CMRE

Industrials · Stock · quarterly payer

Forward Yield

2.95%

Annual Dividend

$0.46

Payout Ratio

16%

5-Yr Growth

2.8%

Ex-Date

Apr 20, 2026

Frequency

Quarterly

CMRE Dividend Safety Score

75/ 100
Grade B

Safe

Dividend-growth streak9 consecutive years of growth
Cut historyCut its dividend in 2016
Earnings payout coverage16% of earnings paid out
Free-cash-flow coverage38% of free cash flow
Balance-sheet strengthDebt/equity of 0.67
Yield vs its historyYield in line with its history

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

Is CMRE a good dividend stock?

Yes

Costamare Inc. (CMRE) pays a quarterly dividend yielding 2.95% ($0.46/yr), with 8 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Comfortable payout ratio (16%)

Risks

  • Cut its dividend in 2016

Key Data

Dividend Yield
2.95%
Payout Ratio
16%
Annual Dividend
$0.46
5-Yr Avg Growth
2.8%
Ex-Dividend Date
Apr 20, 2026
Years of Growth
8
Frequency
quarterly
Beta
0.95
Market Cap
$1.9B
P/E Ratio
5.5
5-Yr Total Return
32%
52-Week Range
$8.71 – $18.06
Dividend Safety
B · 75/100
Ever Cut?
Yes (2016)
CMRE ex-dividend date & scheduleNext ex-date Apr 20, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.46 / yr per share

Per payment (quarterly)$11.50
Annual$46.00
Monthly avg$3.83