Looking at the universe of stocks we cover at Dividend Channel, on 10/21/13, Costamare Inc. (CMRE) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 11/6/13. As a percentage of CMRE's recent stock price of $18.08, this dividend works out to approximately 1.49%, so look for shares of Costamare Inc. to trade 1.49% lower — all else being equal — when CMRE shares open for trading on 10/21/13.
Below is a dividend history chart for CMRE, showing historical dividends prior to the most recent $0.27 declared by Costamare Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CMRE is likely to continue, and whether the current estimated yield of 5.97% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CMRE shares, versus its 200 day moving average:Looking at the chart above, CMRE's low point in its 52 week range is $12.18 per share, with $18.66 as the 52 week high point — that compares with a last trade of $18.08.
According to the ETF Finder at ETF Channel, CMRE makes up 1.18% of the SuperDividend ETF (SDIV) which is trading up by about 0.5% on the day Thursday. In Thursday trading, Costamare Inc. shares are currently off about 0.2% on the day.