NEW YORK ( TheStreet) -- The ex-dividend date for Navios Maritime Partners LP- Partnership Un (NYSE: NMM) is tomorrow, May 3, 2011. Owners of shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $21.06 as of 10:12 a.m. ET, the dividend yield is 8%. The average volume for Navios Maritime Partners LP- Partnership Un has been 346,000 shares per day over the past 30 days. Navios Maritime Partners LP- Partnership Un has a market cap of $893.2 million and is part of the services sector and transportation industry. Shares are up 9.5% year to date as of the close of trading on Friday. Navios Maritime Partners L.P. operates as an international owner and operator of drybulk carriers in Greece. The company has a P/E ratio of 14.5, below the average transportation industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 17.
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TheStreet Ratings rates Navios Maritime Partners LP- Partnership Un as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Navios Maritime Partners LP- Partnership Un Ratings Report. See our dividend calendar or top-yielding stocks list.