Costamare Keeps Dividend Steady


Containership owner and provider Costamareannounced yesterday its second-quarter dividend of $0.27 per share, the same rate it's paid since late 2011.

The board of directors said the quarterly dividend is payable on Aug. 7 to the holders of record at the close of business on July 24. The containership owner has made quarterly payouts to investors since 2011 and raised the payout 8% after just three payments.

The regular dividend payment equates to a $1.08-per-share annual dividend, yielding 6% based on the closing price of Costamare's stock on July 10.

CMRE Dividend Chart
CMRE Dividend Chart

CMRE Dividend data by YCharts.


The article Costamare Keeps Dividend Steady originally appeared on

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