NEW YORK ( TheStreet) -- The ex-dividend date for Navios Maritime Partners LP- Partnership Un (NYSE: NMM) is tomorrow, August 3, 2011. Owners of shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $16.05 as of 9:30 a.m. ET, the dividend yield is 10.9%. The average volume for Navios Maritime Partners LP- Partnership Un has been 342,900 shares per day over the past 30 days. Navios Maritime Partners LP- Partnership Un has a market cap of $754.9 million and is part of the services sector and transportation industry. Shares are down 17.8% year to date as of the close of trading on Monday. Navios Maritime Partners L.P. owns and operates dry cargo vessels internationally. The company has a P/E ratio of 11, below the average transportation industry P/E ratio of 11.6 and below the S&P 500 P/E ratio of 17.7.
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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, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Navios Maritime Partners LP- Partnership Un Ratings Report. See our dividend calendar or top-yielding stocks list.