NM Ex-Dividend Reminder - 6/16/15

Looking at the universe of stocks we cover at Dividend Channel, on 6/16/15, Navios Maritime Holdings Inc (NM) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 6/26/15. As a percentage of NM's recent stock price of $3.51, this dividend works out to approximately 1.71%, so look for shares of Navios Maritime Holdings Inc to trade 1.71% lower — all else being equal — when NM shares open for trading on 6/16/15.

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Below is a dividend history chart for NM, showing historical dividends prior to the most recent $0.06 declared by Navios Maritime Holdings Inc:

NM+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NM is likely to continue, and whether the current estimated yield of 6.84% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NM shares, versus its 200 day moving average:

Navios Maritime Holdings Inc 200 Day Moving Average Chart

Looking at the chart above, NM's low point in its 52 week range is $3.30 per share, with $10.58 as the 52 week high point — that compares with a last trade of $3.51.

According to the ETF Finder at ETF Channel, NM makes up 1.96% of the Guggenheim Shipping ETF ( SEA) which is trading lower by about 1.1% on the day Friday.

According to Preferred Stock Channel, there are 2 series of preferred stock that are senior to NM — find out what they are ».

In Friday trading, Navios Maritime Holdings Inc shares are currently trading flat on the day.

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