Costamare Inc (CMRE) has declared a dividend of $0.12 per share, payable to shareholders of record. The move underscores the company's commitment to providing regular income to its investors.
Dividend Details:
- Dividend Amount: $0.12 per share
- Ex-Dividend Date: October 20, 2025
- Payment Date: November 5, 2025
- Dividend Yield: 3.21%
- Payment Frequency: Quarterly
Investors must own shares prior to the ex-dividend date of October 20, 2025, to qualify for the dividend payment. Shares purchased on or after this date will not be eligible. The dividend will be disbursed to qualifying shareholders on November 5, 2025.
Costamare, a holding company engaged in the provision of containerships chartering, operates a fleet of 73 containerships with a total capacity of approximately 537,000 TEU. The company also manages 45 dry bulk vessels, which carry a range of bulks including iron ore and coal. With a market capitalization of $1.8 billion and a P/E ratio of 5.51, Costamare continues to maintain a robust financial profile.
The current dividend yield of 3.21% reflects the annual dividend income relative to the stock price, appealing to income-focused investors. Such decisions reflect the company's ongoing strategy to optimize cash flow generation and capital allocation.
Investors are encouraged to consider the company’s dividend history and overall financial health when evaluating the sustainability of these payments. Upcoming earnings are scheduled for November 4, 2025, with an estimated EPS of $0.72 and revenue of $201.9 million, providing further context for the company's financial outlook.