Costamare Inc.
CMRE-PDIndustrials · Stock · quarterly payer
Forward Yield
8.19%
Annual Dividend
$2.19
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
Jul 14, 2026
Frequency
Quarterly
Summary
As of September 2026, Costamare Inc. (CMRE-PD) yields 8.19% ($2.19 per share annually), with a blended fair-value estimate of $23.62 — -13% downside, so it screens as fairly valued. Dividend safety grade: A (85/100).
Is CMRE-PD a good dividend stock?
YesCostamare Inc. (CMRE-PD) pays a quarterly dividend yielding 8.19% ($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
Key Data
- Dividend Yield
- 8.19%
- Payout Ratio
- —
- Annual Dividend
- $2.19
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jul 14, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.92
- Market Cap
- —
- P/E Ratio
- 7.2
- 5-Yr Total Return
- 3%
- 52-Week Range
- $26.51 – $28.58
- Dividend Safety
- A · 85/100
- Ever Cut?
- No
Frequently Asked Questions
CMRE-PD Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+6%
5 Years
+3%
52-Week Range
$26.51 – $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 $23.62 per share, versus a market price of $27.05. That implies the stock is roughly fairly priced.
Fair Value
$23.62
Current Price
$27.05
Gap
-13%
Margin of Safety
-14%
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 2.0% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.9% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 14, 2026 | — | $0.5469 | regular |
| Apr 14, 2026 | — | $0.5469 | regular |
| Jan 14, 2026 | — | $0.5469 | regular |
| Oct 14, 2025 | — | $0.5469 | regular |
| Jul 14, 2025 | — | $0.5469 | regular |
| Apr 14, 2025 | — | $0.5469 | regular |
| Jan 14, 2025 | — | $0.5469 | regular |
| Oct 11, 2024 | — | $0.5469 | regular |
| Jul 12, 2024 | — | $0.5469 | regular |
| Apr 11, 2024 | — | $0.5469 | regular |
| Jan 11, 2024 | — | $0.5469 | regular |
| Oct 12, 2023 | — | $0.5469 | regular |
| Jul 13, 2023 | — | $0.5469 | regular |
| Apr 13, 2023 | — | $0.5469 | regular |
Income Calculator
At $2.19 / yr per share
