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Costamare (Costamare) 5-Year Yield-on-Cost %

: 8.93 (As of Today)
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Costamare's yield on cost for the quarter that ended in Dec. 2023 was 8.93.


The historical rank and industry rank for Costamare's 5-Year Yield-on-Cost % or its related term are showing as below:

CMREpB.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.92   Med: 7.02   Max: 24.6
Current: 8.93


During the past 13 years, Costamare's highest Yield on Cost was 24.60. The lowest was 2.92. And the median was 7.02.


CMREpB.PFD's 5-Year Yield-on-Cost % is ranked better than
65.76% of 625 companies
in the Transportation industry
Industry Median: 3.51 vs CMREpB.PFD: 8.93

Competitive Comparison

For the Marine Shipping subindustry, Costamare's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Costamare 5-Year Yield-on-Cost % Distribution

For the Transportation industry and Industrials sector, Costamare's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Costamare's 5-Year Yield-on-Cost % falls into.



Costamare 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Costamare is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Costamare  (NYSE:CMREpB.PFD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Costamare 5-Year Yield-on-Cost % Related Terms

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Costamare (Costamare) Business Description

Address
7 Rue du Gabian, Monaco, MCO, MC 98000
Costamare Inc is an international owner and operator of containerships and dry bulk vessels. The company charter its containerships to the liner companies, providing transportation of containerized cargoes. It charter its dry bulk vessels to a wide variety of customers, providing transportation for dry bulk cargoes. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, Maersk Kobe, and among others. Costamare provides services to ocean carriers that demand a high standard of safety and reliability. It generates a majority of its revenue from the United States of America.