
Costamare Inc.
CMRE-PDIndustrials · Marine Shipping · Stock · quarterly payer
Forward Yield
8.55%
Annual Dividend
$2.19
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
Oct 14, 2026
Frequency
Quarterly
Key facts about CMRE-PD's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Costamare Inc. (CMRE-PD) has a forward dividend yield of 8.55%, based on an annual dividend of $2.19 per share and a share price of $25.58.
- As of Oct 27, 2026, CMRE-PD's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
- CMRE-PD has never cut its regular dividend in the payment history SmarterDividends has on record.
- CMRE-PD's most recent ex-dividend date was Oct 14, 2026, for a dividend of $0.55 per share.
- CMRE-PD's dividend has been roughly flat over the past five years.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for CMRE-PD is $25.64 per share, 0% above the $25.58 share price, so CMRE-PD screens as fairly valued.
- Costamare Inc. (CMRE-PD) pays its dividend quarterly, 4 times a year.
- Costamare Inc. (CMRE-PD) has raised its regular dividend 1 time and cut it 0 times across the 45 payments on record since 2015. Its most recent change was a 45.2% increase to $0.547 per share, going ex-dividend on Oct 9, 2015.
Cite this page
SmarterDividends, "CMRE-PD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/CMRE-PD
Summary
As of Oct 27, 2026, Costamare Inc. (CMRE-PD) yields 8.55% ($2.19 a year per share) and has a dividend safety grade of A (85/100).
Is CMRE-PD a good dividend stock?
YesCostamare Inc. (CMRE-PD) pays a quarterly dividend yielding 8.55% ($2.19/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.55%
- Payout Ratio
- —
- Annual Dividend
- $2.19
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Oct 14, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.97
- Market Cap
- —
- P/E Ratio
- 6.9
- 5-Yr Total Return
- -1%
- 52-Week Range
- $25.40 – $28.58
- Dividend Safety
- A · 85/100
- Ever Cut?
- No
CMRE-PD dividend raises and cuts
Costamare Inc. (CMRE-PD) has raised its regular dividend 1 time and cut it 0 times across the 45 payments on record since 2015. Its most recent change was a 45.2% increase to $0.547 per share, going ex-dividend on Oct 9, 2015.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 9, 2015 | Raise | $0.377 → $0.547 | +45.2% |
Frequently Asked Questions
Is CMRE-PD a good dividend stock?
Yes. Costamare Inc. (CMRE-PD) pays a quarterly dividend yielding 8.55% ($2.19/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is CMRE-PD undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CMRE-PD's fair value is about $25.64 versus a $25.58 share price — so it looks fairly valued (+0% vs. fair value).
Is CMRE-PD's dividend safe?
CMRE-PD has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is CMRE-PD's fair value?
Our blended fair-value estimate for CMRE-PD is about $25.64 per share, roughly 0% above the current $25.58 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CMRE-PD a buy, hold, or sell?
We don't issue formal ratings, but on the data CMRE-PD screens as "yes" and fairly valued. Costamare Inc. (CMRE-PD) pays a quarterly dividend yielding 8.55% ($2.19/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will CMRE-PD cut its dividend?
CMRE-PD earns a dividend-safety grade of A (85/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does CMRE-PD pay a dividend?
Yes. Costamare Inc. pays a quarterly dividend of about $2.19 per share annually, a forward yield of roughly 8.55%.
What is CMRE-PD's dividend yield?
As of Oct 27, 2026, CMRE-PD's forward dividend yield is 8.55%, based on a $2.19 annual dividend and a $25.58 share price.
What is CMRE-PD's dividend per share?
As of Oct 27, 2026, CMRE-PD pays $2.19 per share per year, distributed on a quarterly basis.
How many years has CMRE-PD grown its dividend?
CMRE-PD does not currently have a long dividend-growth streak on record.
When is the next CMRE-PD ex-dividend date?
As of Oct 27, 2026, CMRE-PD's next ex-dividend date hasn't been announced. The most recent was Oct 14, 2026, for $0.55 per share.
CMRE-PD Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
+2%
5 Years
-1%
52-Week Range
$25.40 – $28.58
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CMRE-PD worth?
Fairly valuedhigh confidenceOur blended fair-value estimate for Costamare Inc. is $25.64 per share, versus a market price of $25.58. That implies the stock is roughly fairly priced.
Fair Value
$25.64
Current Price
$25.58
Gap
+0%
Margin of Safety
0%
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 2.2% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.2% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $3.72 EPS, $2.19 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CMRE-PD Dividend Safety Score
Very 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
Full CMRE-PD dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 14, 2026 | Oct 15, 2026 | $0.5469 | regular |
| Jul 14, 2026 | Jul 15, 2026 | $0.5469 | regular |
| Apr 14, 2026 | Apr 15, 2026 | $0.5469 | regular |
| Jan 14, 2026 | Jan 15, 2026 | $0.5469 | regular |
| Oct 14, 2025 | Oct 15, 2025 | $0.5469 | regular |
| Jul 14, 2025 | Jul 15, 2025 | $0.5469 | regular |
| Apr 14, 2025 | Apr 15, 2025 | $0.5469 | regular |
| Jan 14, 2025 | Jan 15, 2025 | $0.5469 | regular |
| Oct 11, 2024 | Oct 15, 2024 | $0.5469 | regular |
| Jul 12, 2024 | Jul 15, 2024 | $0.5469 | regular |
| Apr 11, 2024 | Apr 15, 2024 | $0.5469 | regular |
| Jan 11, 2024 | Jan 16, 2024 | $0.5469 | regular |
| Oct 12, 2023 | Oct 16, 2023 | $0.5469 | regular |
| Jul 13, 2023 | Jul 17, 2023 | $0.5469 | regular |
Income Calculator
At $2.19 / yr per share
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