Reminder - Costamare (CMRE) Goes Ex-Dividend Soon

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.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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 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:

Costamare Inc. 200 Day Moving Average Chart

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.

null

If you liked this article you might like

Jump on Harley Davidson, but Stay Away From Costamare: 'Mad Money' Lightning Round

Earnings, Not Just the Trump Rally, Drive Stocks: Cramer's 'Mad Money' Recap (Wednesday 1/18/17)

Jim Cramer's 'Mad Money' Recap: Willing Buyers Produce Improbable Rally

Baltic Dry Index Rates Aren't All Wet

Baltic Dry Index Rates Aren't All Wet