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NMM Navios Maritime Partners L P dividend history, payout ratio & dates

Navios Maritime Partners L P's latest quarterly dividend of $0.05 per share was on Feb 9, 2024 (ex-date). The annualized dividend distribution of $0.2 per share represents a current dividend yield of 0.58%.

Key dates

  • NMM last dividend date: Feb 9, 2024
  • NMM next dividend date: Not announced
NMM dividend stats
DPS
$0.2
Dividend yield
0.58%
Payout ratio
1.4%
vs. Industrials sector
Dividend yield
1.42%
Payout ratio
29.6%

Dividend yield

What is Navios Maritime Partners L P current dividend yield

NMM has a dividend yield of 0.58% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.42%, Navios Maritime Partners L P's dividend yield is 59% lower. The historical 5-year average of NMM's dividend yield is 3.9%, which is more than the current one.

Dividend history

What is NMM dividend payout history and dates

Navios Maritime Partners L P has a dividend history dating as far as 2008, but lately the company has recorded five consecutive years of dividend payments. Our records of NMM show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock up by 26% from a year ago, the dividend yield has a decrease of 21%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 9, 2024 Feb 14, 2024 Feb 2, 2024 $0.05 normal
Nov 6, 2023 Nov 13, 2023 Oct 26, 2023 $0.05 normal
Aug 7, 2023 Aug 11, 2023 Jul 26, 2023 $0.05 normal
May 8, 2023 May 12, 2023 Apr 28, 2023 $0.05 normal
Feb 9, 2023 Feb 14, 2023 Jan 27, 2023 $0.05 normal
Nov 7, 2022 Nov 10, 2022 Oct 26, 2022 $0.05 normal
Aug 8, 2022 Aug 12, 2022 Jul 28, 2022 $0.05 normal
May 6, 2022 May 12, 2022 Apr 28, 2022 $0.05 normal
Feb 8, 2022 Feb 11, 2022 Jan 28, 2022 $0.05 normal
Nov 5, 2021 Nov 12, 2021 Oct 29, 2021 $0.05 normal
Aug 6, 2021 Aug 12, 2021 Jul 27, 2021 $0.05 normal
May 10, 2021 May 14, 2021 Apr 29, 2021 $0.05 normal
Feb 8, 2021 Feb 12, 2021 Jan 28, 2021 $0.05 normal
Nov 6, 2020 Nov 13, 2020 Oct 30, 2020 $0.05 normal
Aug 7, 2020 Aug 13, 2020 Jul 29, 2020 $0.05 normal
May 8, 2020 May 14, 2020 Apr 30, 2020 $0.3 normal
Feb 10, 2020 Feb 13, 2020 Jan 21, 2020 $0.3 normal
Nov 6, 2019 Nov 14, 2019 Oct 23, 2019 $0.3 normal
Aug 5, 2019 Aug 9, 2019 Jul 25, 2019 $0.3 normal
May 9, 2019 May 14, 2019 Apr 24, 2019 $0.3 normal
Feb 8, 2019 Feb 14, 2019 Jan 28, 2019 $0.3 normal

Navios Maritime Partners L P dividend payout ratio

What is Navios Maritime Partners L P dividend payout ratio compared to the sector

Payout ratio

NMM has a payout ratio of 1.4% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 29.6%, Navios Maritime Partners L P's payout ratio is 95% lower.

Total amount of dividends paid per financial year (from cash flow)

NMM dividend vs peer dividends

How does NMM dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
ESEA Euroseas Ltd 5.05% $2 12.1%
NMM Navios Maritime Partners L.P. 0.58% $0.2 1.4%

Frequently asked questions

Does Navios Maritime Partners L P pay a dividend?

Yes, Navios Maritime Partners L P has been paying dividends for the last five years.

When is Navios Maritime Partners L P's next dividend?

At this point we don't have a record of NMM's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.

When was NMM's last dividend?

Navios Maritime Partners L P's last dividend ex-date was on Feb 9, 2024. The dividend amount was $0.05 per share.

How much dividend does Navios Maritime Partners L P pay (per share)?

NMM has paid dividend of $0.2 per share in the last year.

What is Navios Maritime Partners L P's dividend yield?

Currently Navios Maritime Partners L P's dividend yield is 0.58%.

How often does Navios Maritime Partners L P pay dividends?

Navios Maritime Partners L P has a quarterly dividend frequency.

What is Navios Maritime Partners L P's dividend payout ratio?

Navios Maritime Partners L P's dividend payout ratio is 1.4%.

Does Navios Maritime Partners L P pay a good dividend?

Navios Maritime Partners L P's dividend yield is less than the Industrials sector average.