Navios Maritime Acquisition Corp (NNA - Get Report) has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, NNA shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent NNA share price of $1.17 represents a price-to-book ratio of 0.4 and an annual dividend yield of 17.10% — by comparison, the average energy stock in Dividend Channel's coverage universe yields 4.8% and trades at a price-to-book ratio of 2.9. The report also cited the strong quarterly dividend history at Navios Maritime Acquisition Corp, and favorable long-term multi-year growth rates in key fundamental data points.The report stated, '' Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.'' The annualized dividend paid by Navios Maritime Acquisition Corp is $0.20/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/05/2017. Below is a long-term dividend history chart for NNA, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Beyond Pricey? Our Reporters Try the Beyond Meat Burger, Talk Business Model
Is Beyond Meat's burger enough to convince investors to invest in the company? TheStreet conducted a taste test to see what the hype is about.
Kass: 3 Spots of Vulnerability I Would Avoid in This Market
I suggest avoiding all three over the next few months and over the remainder of the year.
Legg Mason to Cut 120 Jobs as Reality Bites With Activist Peltz on Board
An announcement on job cuts comes just days after legendary corporate raider Nelson Peltz and his investment firm, Trian Fund Management, won two seats on Legg Mason's board of directors.
Amazon Is Headed to $3,000 a Share, Says Bullish Piper Jaffray Note
The firm estimates Amazon will cross $3,000 a share sometime between mid-2021 and mid-2022.
HPE's CFO Discusses Impact of Cloud Trends and Lower Memory Prices
During a talk with TheStreet right after its earnings report, CFO Tarek Robbiati talks about how HPE is trying to position itself as cloud infrastructure adoption continues, and what kind of boost it's getting from lower memory prices.