Navios Maritime Partners L.P.
NMMNavios Maritime Partners L.P. (NMM) is a shipping company that owns and operates a fleet of containerships, dry bulk carriers, and tanker vessels. Founded in 2007, the company specializes in maritime transportation services, primarily focusing on the transportation of dry bulk commodities, petroleum products, and containerized cargo globally. It operates as a publicly traded master limited partnership (MLP), providing its investors with income through vessel operations.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 14, 2025 | $0.05 | 2025-11-10 | 2025-11-10 |
| August 14, 2025 | $0.05 | 2025-08-11 | 2025-08-11 |
| May 14, 2025 | $0.05 | 2025-05-09 | 2025-05-09 |
| February 13, 2025 | $0.05 | 2025-02-10 | 2025-02-10 |
| November 15, 2024 | $0.05 | 2024-11-12 | 2024-11-12 |
Dividends Summary
- Consistent Payer: Navios Maritime Partners L.P. has rewarded shareholders with 63 dividend payments over the past 17 years.
- Total Returned Value: Investors who held NMM shares during this period received a total of $15.51 per share in dividend income.
- Latest Payout: The most recent dividend of $0.05/share was paid 70 days ago, on November 14, 2025.
- Yield & Schedule: NMM currently pays dividends quarterly with an annual yield of 0.34%.
- Dividend Growth: Since 2008, the dividend payout has decreased by 71.4%, from $0.17 to $0.05.
- Dividend Reliability: NMM has maintained or increased its dividend for 22 consecutive payments.
Company News
Navios Maritime Partners L.P. plans to issue a five-year USD denominated senior unsecured bond, with proceeds intended for debt repayment and corporate purposes. Norwegian investment banks will arrange investor calls starting October 20, 2025.
Navios Maritime Partners L.P. (NMM) announced a cash distribution of $0.05 per unit for the quarter ended March 31, 2025, representing an annualized distribution of $0.20 per unit.
Navios Maritime Partners L.P. (NMM) announced a cash distribution of $0.05 per unit for the quarter ended December 31, 2024, representing an annualized distribution of $0.20 per unit.
Navios Maritime Partners reported Q3 revenue of $340.8 million, missing the consensus of $377 million. However, the company's TCE rate rose 7% to $23,591 per day, and adjusted EBITDA increased to $195.4 million. Navios Partners has secured $3.9 billion in contracted revenue and expects strong performance in Q4 2024 and 2025.
Senior executives from leading shipping companies will participate in panels at the 16th Annual New York Maritime Forum on October 15, 2024, in New York City. The event will cover the latest developments in the global shipping, energy, and commodity markets, as well as financial and capital markets.
