Costamare declares a dividend as Costamare stock costs EUR 13.15

Published on 10/01/2026 at 16:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Costamare revenue reached USD 209.19 million in the second quarter of 2026. Costamare stock was EUR 13.15 on October 1, 2026.

CMRE, MHY1771G1026, Illustration mit AI erstellt.

Costamare (ISIN MHY1771G1026) declared a USD 0.13 common dividend for the quarter ended September 30, 2026, payable November 5 to shareholders of record on October 20. The same announcement also set preferred-share payments, making capital returns the latest dated event for the shipping company.

Dividend keeps the payout steady

According to StockTitan on October 1, 2026, the common dividend covers the third quarter of 2026 and keeps the quarterly rate at USD 0.125 per share. The record date is October 20, 2026, and the payment date is November 5, 2026.

The filing also lists USD 0.476563 per Series B preferred share, USD 0.531250 per Series C preferred share and USD 0.546875 per Series D preferred share for the period from July 15 through October 14, 2026. Those payments are scheduled for October 15, 2026, to holders of record on October 14.

Second-quarter revenue edges lower

Costamare reported USD 209.19 million of revenue and USD 82.65 million of net income in the second quarter of 2026, according to Investing.com. Revenue declined 0.89 percent from USD 211.06 million in the first quarter, while net income increased 2.80 percent from USD 80.40 million.

The earnings mix matters for the dividend discussion. A lower revenue figure alongside higher quarterly net income points to profitability holding up better than sales, although charter rates, vessel utilization and financing costs remain central variables for a ship owner.

CMRE market snapshot

Costamare operates containerships and dry bulk vessels and is listed on the NYSE under ticker CMRE, according to MarketBeat. The stock portal lists a USD 10.84 to USD 18.06 52-week range and a consensus price target of USD 12.00, both in the primary-exchange currency.

At Lang & Schwarz, the stock was trading at EUR 13.15 on October 1, 2026, at 4:01 p.m. CEST. The quote was an intraday reference, while the latest disclosed dividend was USD 0.125 per common share.