Tim Plaehn
Newsletter provider, dividend investing, master limited partnerships, REITs

Fate Of Navios Maritime Partners' Big Dividend To Be Decided In Next 9 Months

In an industry and market segment that almost collapsed entirely five years ago, the Navios Maritime Partners LP (NYSE:NMM) business model has allowed the company to continue to pay investors a large and growing - slowly - dividend. However, a significant portion of the Navios Partners fleet comes off lease between now and the middle of 2014, putting the big dividend payments at risk.

Premium Dry Bulk Shipping Company

Navios Maritime Partners own 23 Ultra-Handymax, Panamax and Capesize dry bulk ships and has two additional chartered-in dry bulk vessels for a total fleet of 25. The ships are leased out on long-term contracts. Navios Partners was spun-off by Navios Maritime Holdings (NYSE:NM) in November 2007. Navios...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details