NEW YORK ( TheStreet) -- The ex-dividend date for Navios Maritime Holdings (NYSE: NM) is tomorrow, March 18, 2011. Owners of shares as of market close today will be eligible for a dividend of six cents per share. At a price of $5.40 as of 9:32 a.m. ET, the dividend yield is 4.5%. The average volume for Navios Maritime has been 784,800 shares per day over the past 30 days. Navios Maritime has a market cap of $542.5 million and is part of the services sector and transportation industry. Shares are up 0.6% year to date as of the close of trading on Wednesday. Navios Maritime Holdings Inc. operates as a seaborne shipping and logistics company. The company focuses on the transport and transshipment of drybulk commodities, including iron ore, coal, grain, and fertilizer. The company has a P/E ratio of 6.5, above the average transportation industry P/E ratio of 4.3 and below the S&P 500 P/E ratio of 15.9. TheStreet Ratings rates Navios Maritime as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and a generally disappointing performance in the stock itself. You can view the full Navios Maritime Ratings Report. See our dividend calendar or top-yielding stocks list.