Navios Maritime Partners LP (NMM) Ex-Dividend Date Scheduled for May 08, 2013

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Navios Maritime Partners LP ( NMM ) will begin trading ex-dividend on May 08, 2013. A cash dividend payment of $0.4425 per share is scheduled to be paid on May 14, 2013. Shareholders who purchased NMM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NMM has paid the same dividend. At the current stock price of $15.21, the dividend yield is 11.64%.

The previous trading day's last sale of NMM was $15.21, representing a -4.34% decrease from the 52 week high of $15.90 and a 31.92% increase over the 52 week low of $11.53.

NMM is a part of the Transportation sector, which includes companies such as Carnival Plc ADS ( CUK ) and Carnival Corporation ( CCL ). NMM's current earnings per share, an indicator of a company's profitability, is $1.54. Zacks Investment Research reports NMM's forecasted earnings growth in 2013 as -33.2%, compared to an industry average of 2.6%.

For more information on the declaration, record and payment dates, visit the NMM Dividend History page.

Interested in gaining exposure to NMM through an Exchange Traded Fund [ETF]?
The following ETF(s) have NMM as a top-10 holding:

  • Guggenheim Shipping ETF ( SEA ).

The top-performing ETF of this group is SEA with an increase of 4.22% over the last 100 days. It also has the highest percent weighting of NMM at 3.34%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: CCL , CUK , NMM , SEA

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