Costamare Dividend
Costamare Dividend history 13 years & estimates 2024 to 2026
Dividend Analysis of the Costamare Stock
| Current dividend yield | 8.3 % |
| Dividendenrendite 5 Jahre | 4.5 % |
| Dividend Yield 10Y | 5.35 % |
| Payout 3Y | 9.57 % |
When does Costamare pay a dividend?
The Costamare stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Costamare stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were January, April, July and October . Dividends from Costamare are distributed via February, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.115
$0.12
|
Jul 19 2024
Jul 19 2024
Aug 06 2024
Jul 19 24
Aug 06 24 |
Aug 06 2024 |
quarterly
quarterly
|
| 2024 |
$0.115
$0.12
|
Apr 18 2024
Apr 18 2024
May 06 2024
Apr 18 24
May 06 24 |
May 06 2024 |
quarterly
quarterly
|
| 2024 |
$0.115
$0.12
|
Jan 19 2024
Jan 19 2024
Feb 07 2024
Jan 19 24
Feb 07 24 |
Feb 07 2024 |
quarterly
quarterly
|
| 2023 |
$0.115
$0.12
|
Oct 19 2023
Oct 19 2023
Nov 06 2023
Oct 19 23
Nov 06 23 |
Nov 06 2023 |
quarterly
quarterly
|
| 2023 |
$0.115
$0.12
|
Jul 19 2023
Jul 19 2023
Aug 07 2023
Jul 19 23
Aug 07 23 |
Aug 07 2023 |
quarterly
quarterly
|
| 2023 |
$0.115
$0.12
|
Apr 18 2023
Apr 18 2023
May 05 2023
Apr 18 23
May 05 23 |
May 05 2023 |
quarterly
quarterly
|
| 2023 |
$0.115
$0.12
|
Jan 19 2023
Jan 19 2023
Feb 07 2023
Jan 19 23
Feb 07 23 |
Feb 07 2023 |
quarterly
quarterly
|
| 2022 |
$0.115
$0.12
|
Oct 19 2022
Oct 19 2022
Nov 07 2022
Oct 19 22
Nov 07 22 |
Nov 07 2022 |
quarterly
quarterly
|
| 2022 |
$0.115
$0.12
|
Jul 20 2022
Jul 20 2022
Aug 08 2022
Jul 20 22
Aug 08 22 |
Aug 08 2022 |
quarterly
quarterly
|
| 2022 |
$0.5
$0.5
|
Apr 18 2022
Apr 18 2022
May 05 2022
Apr 18 22
May 05 22 |
May 05 2022 |
Special dividend
Special div.
|
How much dividend does Costamare pay?
Costamare most recently paid a dividend of $0.12. Costamare paid a Dividend of $0.46 Per Share in the financial year 2023. With a stock price of $13.15 at Sep 06 2024, the current dividend yield is 3.50% (calculation: $0.46 / $13.15 = 3.50%). No special dividend was paid.
What is the Costamare Dividend Yield and payout ratio?
The average Costamare dividend yield over the last 5 years is 4.73% and the average over the last 10 years is 5.94%.
The payout ratio of Costamare in relation to the last financial year is 15.59%. The payout ratio smoothed over 3 years is 17.47%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Costamare |
|---|---|
| Current dividend yield | 3.50% |
| Dividend Yield 5Y | 4.73% |
| Dividend Yield 10Y | 5.94% |
| Payout 1Y | 15.59% |
| Payout 3Y | 17.47% |
Is the Costamare dividend safe? Continuity & Dividend Growth
Is the Costamare dividend safe?
Costamare has been paying a dividend for 13 years and has not lowered the dividend for 6 years (dividend continuity). As a result, the dividend was recently increased 3-times.
The Dividend Growth in relation to the previous financial year amounts to 0.79%. The average Costamare Dividend Growth over the last 5 years is 3.48%. The average for the last 10 years is -7.89%.
| Metric | Costamare |
|---|---|
| Increased | 3 Years |
| Continuity | 6 Years |
| Paid | 13 Years |
| Growth 1Y | 0.79% |
| Growth 5Y | 3.48% |
| Growth 10Y | -7.89% |
Continuity
Costamare has been paying a dividend for 13 years and has not lowered the dividend for 6 years (dividend continuity). As a result, the dividend was recently increased 3-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 0.79%. The average Costamare Dividend Growth over the last 5 years is 3.48%. The average for the last 10 years is -7.89%.
Costamare Stock Forecast 2024
On the stock exchange, the Costamare stock (ISIN: MHY1771G1026) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Costamare 26.32% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Costamare stock price in real time at the top of the page.
Costamare (symbol: CMRE) is valued at a Price / Earnings Ratio (P/E ratio) of 4.65 and a price/sales ratio (P/S ratio) of 0.84 valued. Based on analyst estimates, the Costamare stock forecast 2024 of the current financial year corresponds to a valuation of 4.00 according to P/E ratio and 1.12 according to P/S.
| Metric | Costamare |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
26.32%
|
| P/E TTM | 4.65 |
| P/S TTM | 0.84 |
| P/E forward | 4.00 |
| P/S forward | 1.12 |
Costamare (symbol: CMRE) is valued at a Price / Earnings Ratio (P/E ratio) of 4.65 and a price/sales ratio (P/S ratio) of 0.84 valued. Based on analyst estimates, the Costamare stock forecast 2024 of the current financial year corresponds to a valuation of 4.00 according to P/E ratio and 1.12 according to P/S.
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