Costamare Inc. $0.0001 par value (CMRE) Dividends

Costamare Inc. $0.0001 par value (CMRE)

Today's Latest Price: $6.91 USD

0.09 (1.32%)

Updated Oct 23 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 46 in Shipping

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • Free cash flow for CMRE has a compound average growth rate of 329.52%, which is higher than 97.22% of stocks in our dividend set.
  • As for stocks whose price is uncorrelated with CMRE's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: GSHD, VHI, ADTN, TAL and SFUN.
CMRE Ex-Dividend Date
CMRE Dividend Yield
5.79%
CMRE Annual Dividend
$0.40
CMRE Payout Ratio

CMRE Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$6.91$11.05 49.77%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for CMRE, the DDM model, as implemented by StockNews, implies a positive return of 49.77% relative to its current price. Digging deeper, the aspects of Costamare Inc's dividend discount model that we found most interesting were:

  • In comparison to other stocks in the Industrials sector, CMRE provides shareholders with a dividend yield greater than 96.31% such stocks.
  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Industrials sector, Costamare Inc's expected return of 49.77% is higher than 88.02% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, Costamare Inc bears a discount rate, according to our calculations, lower than 88.02% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • In terms of who is growing the amount of dividends they return to shareholders, Costamare Inc has been increasing its dividends at a faster rate than 6.43% of US-listed dividend-issuing stocks we observed.

CMRE Dividend Chart


CMRE Dividend History

Ex-Dividend Date Type Payout Amount Change
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CMRE Dividends vs. Peers

CMRE's dividend yield currently ranks #12 of 49 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 DHT DHT Holdings, Inc. 37.07%
2 FRO Frontline Ltd. Ordinary Shares 30.67%
3 NNA Navios Maritime Acquisition Corporation Common stock 27.97%
4 NAT Nordic American Tankers Limited 22.60%
5 KNOP KNOT Offshore Partners LP Common Units representing Limited Partner Interests 16.04%
6 EURN Euronav NV Ordinary Shares 14.86%
7 GLOP GasLog Partners LP Common Units representing limited partnership interests 14.08%
8 OSGB Overseas Shipholding Group Inc 14.04%
9 SFL Ship Finance International Limited 13.18%
10 TNP Tsakos Energy Navigation Ltd Common Shares 8.09%
11 GLOG GasLog Ltd. Common Shares 7.14%
12 CMRE Costamare Inc. $0.0001 par value 6.13%
13 CPLP Capital Product Partners L.P. - common units representing limited partner interests 5.86%
14 TRTN Triton International Limited Common Shares 5.52%
15 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
16 GOGL Golden Ocean Group Limited 4.90%
17 CAI CAI International, Inc. 3.62%
18 STNG Scorpio Tankers Inc. Common Shares 3.57%
19 NMM Navios Maritime Partners LP Common Limited Partner Interests 3.19%
20 MATX Matson, Inc. 2.25%
21 INSW International Seaways, Inc. 1.59%
22 ASC Ardmore Shipping Corporation 1.41%
23 SBLK Star Bulk Carriers Corp. 1.36%
24 SALT Scorpio Bulkers Inc. 1.30%
25 GNK Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) 1.03%
26 NM Navios Maritime Holdings Inc. 0.00%
27 SB Safe Bulkers, Inc ($0.001 par value) 0.00%
28 DLNG Dynagas LNG Partners LP Common Units 0.00%
29 TGH Textainer Group Holdings Limited Common Shares 0.00%
30 EGLE Eagle Bulk Shipping Inc. 0.00%
31 TK Teekay Corporation 0.00%
32 GASS StealthGas, Inc. - common stock 0.00%
33 DSX Diana Shipping inc. common stock 0.00%
34 SHIP Seanergy Maritime Holdings Corp 0.00%
35 OSG Overseas Shipholding Group, Inc. 0.00%
36 KEX Kirby Corporation 0.00%
37 TNK Teekay Tankers Ltd. 0.00%
38 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
39 GLBS Globus Maritime Limited 0.00%
40 DSS Document Security Systems, Inc. 0.00%
41 NVGS Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) 0.00%
42 GLNG Golar LNG Limited 0.00%
43 ESEA Euroseas Ltd. 0.00%
44 PANL Pangaea Logistics Solutions Ltd. 0.00%
45 LPG Dorian LPG Ltd. 0.00%
46 GNRT Gener8 Maritime, Inc. 0.00%
47 DAC Danaos Corporation 0.00%
48 DRYS DryShips Inc. 0.00%
49 GSL Global Ship Lease Inc New Class A Common Shares 0.00%

Looking for More Information on CMRE dividends?

Want to do more research on Costamare Inc's dividends? Try the links below:

Costamare Inc Common Stock (CMRE) Dividend History | Nasdaq
Dividend History for Costamare Inc (CMRE) - Dividend Investor
Costamare Inc (CMRE) Dividend History - Seeking Alpha


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