Secured revenues of $3.4 billion for Costamare
Costamare closed 2025 with net profits of $370 million, liquidity of $590 million, and secured revenues of $3.4 billion for coming years.
Costamare, a publicly traded shipping company on the NYSE and part of the interests of Costas Konstantakopoulos, concluded 2025 with significant financial indicators including net profits of $370 million and liquidity of $590 million. The company also secured future revenues estimated at $3.4 billion, attributable to its management of a fleet of 69 containerships and the construction of six additional vessels with a capacity of 3,100 TEU. Furthermore, Costamare maintains a low leverage ratio, remaining below 30% based on market values, showcasing its solid financial health.
The company has a strong track record of distributing dividends to its common shareholders for 61 consecutive quarters since its listing on the stock exchange, with the latest regular dividend for the fourth quarter of 2025 being $0.115 per share, paid on February 5, 2026. This consistent dividend payout reflects the companyβs commitment to returning value to its shareholders amid fluctuating market conditions.
Despite challenges such as declining box rates, ongoing geopolitical instability, and the introduction of new vessels, Costamare remains optimistic about the ship chartering market, which continues to show resilience with robust charter rates. This outlook suggests that the company is positioning itself well to navigate the complexities of the maritime industry and sustain its growth trajectory in a challenging economic environment.