Navios Maritime Partners L.P.
NMMIndustrials · Stock · quarterly payer
Forward Yield
0.31%
Annual Dividend
$0.24
Payout Ratio
2%
5-Yr Growth
-22.2%
Ex-Date
May 11, 2026
Frequency
Quarterly
Summary
As of July 2026, Navios Maritime Partners L.P. (NMM) yields 0.31% ($0.24 per share annually), with a blended fair-value estimate of $92.33 — +17% upside, so it screens as undervalued. Dividend safety grade: B (67/100).
Is NMM a good dividend stock?
Yes, with caveatsNavios Maritime Partners L.P. (NMM) pays a quarterly dividend yielding 0.31% ($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 (2%)
- 172% total price return over 5 years
Risks
- Cut its dividend in 2020
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 0.31%
- Payout Ratio
- 2%
- Annual Dividend
- $0.24
- 5-Yr Avg Growth
- -22.2%
- Ex-Dividend Date
- May 11, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.00
- Market Cap
- $2.2B
- P/E Ratio
- 6.7
- 5-Yr Total Return
- 172%
- 52-Week Range
- $40.80 – $80.97
- Dividend Safety
- B · 67/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
NMM Price — Last 12 Months
Daily close
Price Return
1 Year
+69%
3 Years
+256%
5 Years
+172%
52-Week Range
$40.80 – $80.97
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NMM worth?
Undervaluedlow confidenceOur blended fair-value estimate for Navios Maritime Partners L.P. is $92.33 per share, versus a market price of $79.10. That implies 17% of upside — a margin of safety of about 14%.
Fair Value
$92.33
Current Price
$79.10
Upside
+17%
Margin of Safety
14%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model -1.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), -1.0% stage-1 growth, 2.5% terminal growth, $11.85 EPS, $0.24 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 11, 2026 | — | $0.0600 | regular |
| Aug 11, 2025 | — | $0.0500 | regular |
| May 9, 2025 | — | $0.0500 | regular |
| Feb 10, 2025 | — | $0.0500 | regular |
| Nov 12, 2024 | — | $0.0500 | regular |
| Aug 9, 2024 | — | $0.0500 | regular |
| May 9, 2024 | — | $0.0500 | regular |
| Feb 9, 2024 | — | $0.0500 | regular |
| Nov 6, 2023 | — | $0.0500 | regular |
| Aug 7, 2023 | — | $0.0500 | regular |
| May 8, 2023 | — | $0.0500 | regular |
| Feb 9, 2023 | — | $0.0500 | regular |
| Nov 7, 2022 | — | $0.0500 | regular |
| Aug 8, 2022 | — | $0.0500 | regular |
Income Calculator
At $0.24 / yr per share
