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 0.44%.
NMM has a dividend yield of 0.44% 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 69% lower. The historical 5-year average of NMM's dividend yield is 3.9%, which is more than the current one.
Navios Maritime Partners L P has a dividend history dating as far as 2008, but lately the company has recorded six 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 110% from a year ago, the dividend yield has a decrease of 52%.
| 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 |
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 31%, Navios Maritime Partners L P's payout ratio is 95% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ESEA Euroseas Ltd | 5.62% | $2.1 | 12.7% |
| NMM Navios Maritime Partners L.P. | 0.43% | $0.2 | 1.4% |
Yes, Navios Maritime Partners L P has been paying dividends for the last six years.
NMM has announced its next dividend with ex-date May 9, 2024.
Navios Maritime Partners L P's last dividend ex-date was on Feb 9, 2024. The dividend amount was $0.05 per share.
NMM has paid dividend of $0.2 per share in the last year.
Currently Navios Maritime Partners L P's dividend yield is 0.44%.
Navios Maritime Partners L P has a quarterly dividend frequency.
Navios Maritime Partners L P's dividend payout ratio is 1.4%.
Navios Maritime Partners L P's dividend yield is less than the Industrials sector average.