Costamare hikes dividend by 8.7%
Costamare Inc. (CMRE) lifted its quarterly dividend on July 1, 2026, increasing the payout by 8.7% to $0.125 per share.
The increase is Costamare's first dividend hike in several years. At a share price of $14.26, the new quarterly payout corresponds to a yield of approximately 3.5%. The ex-dividend date is July 21, 2026.
The 8.7% increase ends a period of unchanged annual dividend payments. Costamare announced no dividend increase between 2022 and 2025, following a 15.0% hike in 2021. Its five-year dividend CAGR is 1.7%.
Costamare owns and charters containerships and dry bulk vessels to shipping companies around the world. More information is available on the website of Costamare.
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