Navios Maritime Partners L.P.
NMMIndustrials · Marine Shipping · Stock · quarterly payer
$89.37
Add to PortfolioForward Yield
0.27%
Annual Dividend
$0.24
Payout Ratio
1%
5-Yr Growth
-22.2%
Ex-Date
Aug 10, 2026
Frequency
Quarterly
Key facts about NMM's dividend
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Navios Maritime Partners L.P. (NMM) has a forward dividend yield of 0.27%, based on an annual dividend of $0.24 per share and a share price of $89.37.
- As of Oct 24, 2026, NMM's dividend safety grade from SmarterDividends is B (67 out of 100), which rates the dividend as safe.
- NMM last cut its regular dividend in 2020.
- NMM's most recent ex-dividend date was Aug 10, 2026, for a dividend of $0.0600 per share.
- As of Oct 24, 2026, NMM pays out 1% of its trailing 12-month earnings as dividends (its payout ratio).
- NMM's dividend has shrunk at an average rate of 22.2% a year over the past five years.
- As of Oct 24, 2026, NMM's 0.27% yield is 56% below its five-year average yield of 0.62%.
- Navios Maritime Partners L.P. (NMM) pays its dividend quarterly, 4 times a year.
- Navios Maritime Partners L.P. (NMM) has raised its regular dividend 11 times and cut it 2 times across the 64 payments on record since 2008. Its most recent change was a 20.0% increase to $0.0600 per share, going ex-dividend on May 11, 2026. The last cut went ex-dividend on Aug 7, 2020.
Cite this page
SmarterDividends, "NMM Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 24, 2026, https://smarterdividends.com/stocks/NMM
Summary
As of Oct 24, 2026, Navios Maritime Partners L.P. (NMM) yields 0.27% ($0.24 a year per share) and has a dividend safety grade of B (67/100).
Is NMM a good dividend stock?
Yes, with caveatsNavios Maritime Partners L.P. (NMM) pays a quarterly dividend yielding 0.27% ($0.24/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (1%)
- 243% total price return over 5 years
Risks
- Cut its dividend in 2020
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 0.27%
- Payout Ratio
- 1%
- Annual Dividend
- $0.24
- 5-Yr Avg Growth
- -22.2%
- Ex-Dividend Date
- Aug 10, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.05
- Market Cap
- $2.6B
- P/E Ratio
- 5.8
- 5-Yr Total Return
- 243%
- 52-Week Range
- $45.66 – $97.00
- Dividend Safety
- B · 67/100
- Ever Cut?
- Yes (2020)
NMM dividend raises and cuts
Navios Maritime Partners L.P. (NMM) has raised its regular dividend 11 times and cut it 2 times across the 64 payments on record since 2008. Its most recent change was a 20.0% increase to $0.0600 per share, going ex-dividend on May 11, 2026. The last cut went ex-dividend on Aug 7, 2020.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 11, 2026 | Raise | $0.0500 → $0.0600 | +20.0% |
| Aug 7, 2020 | Cut | $0.300 → $0.0500 | −83.3% |
| Nov 9, 2015 | Cut | $6.65 → $3.20 | −51.9% |
| Aug 6, 2012 | Raise | $6.60 → $6.65 | +0.7% |
| Aug 3, 2011 | Raise | $6.45 → $6.60 | +2.3% |
| Feb 7, 2011 | Raise | $6.30 → $6.45 | +2.4% |
| Aug 5, 2010 | Raise | $6.23 → $6.30 | +1.2% |
| May 6, 2010 | Raise | $6.15 → $6.23 | +1.2% |
| Feb 4, 2010 | Raise | $6.08 → $6.15 | +1.2% |
| Nov 5, 2009 | Raise | $6.00 → $6.08 | +1.3% |
| Feb 5, 2009 | Raise | $5.78 → $6.00 | +3.9% |
| Oct 29, 2008 | Raise | $5.25 → $5.78 | +10.0% |
Show all 13 changes since 2008
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 1, 2008 | Raise | $2.63 → $5.25 | +100.0% |
Frequently Asked Questions
Is NMM a good dividend stock?
Yes, with caveats. Navios Maritime Partners L.P. (NMM) pays a quarterly dividend yielding 0.27% ($0.24/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is NMM's dividend safe?
NMM has a dividend-safety grade of B (67/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2020, debt and yield-versus-history.
Is NMM a buy, hold, or sell?
We don't issue formal ratings, but on the data NMM screens as "yes, with caveats". Navios Maritime Partners L.P. (NMM) pays a quarterly dividend yielding 0.27% ($0.24/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will NMM cut its dividend?
NMM earns a dividend-safety grade of B (67/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does NMM pay a dividend?
Yes. Navios Maritime Partners L.P. pays a quarterly dividend of about $0.24 per share annually, a forward yield of roughly 0.27%.
What is NMM's dividend yield?
As of Oct 24, 2026, NMM's forward dividend yield is 0.27%, based on a $0.24 annual dividend and a $89.37 share price.
What is NMM's dividend per share?
As of Oct 24, 2026, NMM pays $0.24 per share per year, distributed on a quarterly basis.
What is NMM's dividend payout ratio?
As of Oct 24, 2026, NMM's payout ratio is 1% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has NMM grown its dividend?
NMM does not currently have a long dividend-growth streak on record.
When is the next NMM ex-dividend date?
As of Oct 24, 2026, NMM's next ex-dividend date hasn't been announced. The most recent was Aug 10, 2026, for $0.0600 per share.
NMM Price — Last 12 Months
Daily close
Price Return
1 Year
+64%
3 Years
+247%
5 Years
+243%
52-Week Range
$45.66 – $97.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
NMM Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full NMM dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 10, 2026 | Aug 13, 2026 | $0.0600 | regular |
| May 11, 2026 | May 14, 2026 | $0.0600 | regular |
| Aug 11, 2025 | Aug 14, 2025 | $0.0500 | regular |
| May 9, 2025 | May 14, 2025 | $0.0500 | regular |
| Feb 10, 2025 | Feb 13, 2025 | $0.0500 | regular |
| Nov 12, 2024 | Nov 15, 2024 | $0.0500 | regular |
| Aug 9, 2024 | Aug 14, 2024 | $0.0500 | regular |
| May 9, 2024 | May 14, 2024 | $0.0500 | regular |
| Feb 9, 2024 | Feb 14, 2024 | $0.0500 | regular |
| Nov 6, 2023 | Nov 13, 2023 | $0.0500 | regular |
| Aug 7, 2023 | Aug 11, 2023 | $0.0500 | regular |
| May 8, 2023 | May 12, 2023 | $0.0500 | regular |
| Feb 9, 2023 | Feb 14, 2023 | $0.0500 | regular |
| Nov 7, 2022 | Nov 10, 2022 | $0.0500 | regular |
Income Calculator
At $0.24 / yr per share
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