NEW YORK ( TheStreet) -- The ex-dividend date for Navios Maritime Partners L.P (NYSE: NMM) is tomorrow, February 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $16.55 as of 9:30 a.m. ET, the dividend yield is 10.7%. The average volume for Navios Maritime Partners L.P has been 259,500 shares per day over the past 30 days. Navios Maritime Partners L.P has a market cap of $890.9 million and is part of the services sector and transportation industry. Shares are up 12.3% year to date as of the close of trading on Friday. Navios Maritime Partners L.P. owns and operates dry cargo vessels internationally. The company has a P/E ratio of 11.8, above the average transportation industry P/E ratio of 11.1 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Navios Maritime Partners L.P 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 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 L.P Ratings Report. See our dividend calendar or top-yielding stocks list.