StockWatch
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Marine Transportation
DividendApr 28, 2026, 04:12 PM

NMM Declares $0.06/Unit Cash Distribution, Up 20%

AI Summary

Navios Maritime Partners L.P. announced a cash distribution of $0.06 per unit for the quarter ended March 31, 2026. This represents a 20% increase compared to the previous quarter's distribution, leading to an annualized distribution of $0.24 per unit. The distribution will be paid on May 14, 2026, to unit holders of record as of May 11, 2026.

Key Highlights

  • Declared cash distribution of $0.06 per unit for Q1 2026.
  • Represents a 20% increase over the previous quarter's distribution.
  • Annualized distribution is $0.24 per unit.
  • Cash distribution payable on May 14, 2026.
  • Unit holders of record as of May 11, 2026 will receive the distribution.