Costamare Inc. $0.0001 par value (CMRE) Dividends

Costamare Inc. $0.0001 par value (CMRE): $9.71

0.12 (+1.25%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Shipping


Ranked

of 49

in industry

Dividend Yield and Dividend History Highlights

  • If price volatilty is something you're paying attention to when building your dividend portfolio, know that CMRE has less fluctuation in its price than just 12.93% of stocks we're observing.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with CMRE that may be suitable potential portfolio mates: PNW, CORR, TRNO, PGR and ADC.
CMRE Ex-Dividend Date
CMRE Dividend Yield
3.95%
CMRE Annual Dividend
$0.40
CMRE Payout Ratio

CMRE Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$9.71$10.36 17.57%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of CMRE, the dividend discount model StockNews created for the company implies a positive return of 17.57%. 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 94.69% such stocks.
  • In comparison to other US listed dividend yielding stocks in the Industrials sector, the expected return of 17.57%, based on the stock's current share price and target price based on a dividend discount model, is greater than 88.5% of the DDM-forecasted return of its its sector peers.
  • Compared to all dividend issuing stocks in our set, CMRE has a discount rate lower than 88.5% of them (a lower discount rate is associated with lower risk).
  • Based on dividend growth rate, Costamare Inc has been increasing its dividends at a faster rate than 4.92% 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 #10 of 61 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 TRMD TORM plc 18.74%
2 FRO Frontline Ltd. Ordinary Shares 16.28%
3 OSGB Overseas Shipholding Group Inc 14.04%
4 KNOP KNOT Offshore Partners LP Common Units representing Limited Partner Interests 11.45%
5 SFL Ship Finance International Limited 7.60%
6 TNP Tsakos Energy Navigation Ltd Common Shares 5.30%
7 NNA Navios Maritime Acquisition Corporation Common stock 5.19%
8 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
9 TRTN Triton International Limited Common Shares 4.16%
10 CMRE Costamare Inc. $0.0001 par value 3.95%
11 CPLP Capital Product Partners L.P. - common units representing limited partner interests 3.72%
12 GLOG GasLog Ltd. Common Shares 3.45%
13 DHT DHT Holdings, Inc. 3.29%
14 CAI CAI International, Inc. 2.74%
15 PANL Pangaea Logistics Solutions Ltd. 2.63%
16 NAT Nordic American Tankers Limited 2.43%
17 STNG Scorpio Tankers Inc. Common Shares 2.27%
18 PSHG Performance Shipping Inc 1.76%
19 GLOP GasLog Partners LP Common Units representing limited partnership interests 1.43%
20 INSW International Seaways, Inc. 1.25%
21 MATX Matson, Inc. 1.25%
22 SALT Scorpio Bulkers Inc. 1.00%
23 EURN Euronav NV Ordinary Shares 0.91%
24 NPNYY Nippon Yusen 0.79%
25 NMM Navios Maritime Partners LP Common Limited Partner Interests 0.76%
26 GNK Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) 0.74%
27 NM Navios Maritime Holdings Inc. 0.00%
28 SBLK Star Bulk Carriers Corp. 0.00%
29 ZIM ZIM Integrated Shipping Services Ltd. 0.00%
30 SB Safe Bulkers, Inc ($0.001 par value) 0.00%
31 EDRY EuroDry Ltd. 0.00%
32 DLNG Dynagas LNG Partners LP Common Units 0.00%
33 TGH Textainer Group Holdings Limited Common Shares 0.00%
34 EGLE Eagle Bulk Shipping Inc. 0.00%
35 TK Teekay Corporation 0.00%
36 GASS StealthGas, Inc. - common stock 0.00%
37 DSX Diana Shipping inc. common stock 0.00%
38 SHIP Seanergy Maritime Holdings Corp 0.00%
39 OSG Overseas Shipholding Group, Inc. 0.00%
40 TOPS TOP Ships Inc. 0.00%
41 KEX Kirby Corporation 0.00%
42 TNK Teekay Tankers Ltd. 0.00%
43 CRU Crude Carriers Corporation 0.00%
44 SINO Sino-Global Shipping America, Ltd. 0.00%
45 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
46 GLBS Globus Maritime Limited 0.00%
47 DSS Document Security Systems, Inc. 0.00%
48 NVGS Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) 0.00%
49 GLNG Golar LNG Limited 0.00%
50 ESEA Euroseas Ltd. 0.00%
51 NMCI Navios Maritime Containers L.P. 0.00%
52 GOGL Golden Ocean Group Limited 0.00%
53 ASC Ardmore Shipping Corporation 0.00%
54 LPG Dorian LPG Ltd. 0.00%
55 GNRT Gener8 Maritime, Inc. 0.00%
56 DAC Danaos Corporation 0.00%
57 PXS Pyxis Tankers Inc. 0.00%
58 DRYS DryShips Inc. 0.00%
59 CTRM Castor Maritime Inc. 0.00%
60 GSL Global Ship Lease Inc. Cl A 0.00%
61 MSLOY Mitsui O.S.K. Lines, Ltd. 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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