Ex-Div Reminder For Costamare (CMRE)

Looking at the universe of stocks we cover at Dividend Channel, on 4/22/13, Costamare Inc. ( CMRE) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 5/8/13. As a percentage of CMRE's recent stock price of $15.60, this dividend works out to approximately 1.73%, so look for shares of Costamare Inc. to trade 1.73% lower — all else being equal — when CMRE shares open for trading on 4/22/13.

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Below is a dividend history chart for CMRE, showing historical dividends prior to the most recent $0.27 declared by Costamare Inc.:

CMRE+Dividend+History+Chart

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 6.92% 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:

Costamare Inc. 200 Day Moving Average Chart

Looking at the chart above, CMRE's low point in its 52 week range is $12.08 per share, with $16.71 as the 52 week high point — that compares with a last trade of $15.63.

In Thursday trading, Costamare Inc. shares are currently up about 0.3% on the day.
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