Navios Maritime Partners L.P. Increases Cash Distribution by 0.6% to $0.4425 per Unit
Navios Maritime Partners L.P. (NYSE: NMM) announced today that its Board of Directors has declared a cash distribution of $0.4425 per unit for the quarter ended March 31, 2012. This distribution represents a 0.6% increase over the prior quarter's distribution of $0.44 per unit and an annualized distribution of $1.77 per unit. The cash distribution will be payable on August 13, 2012 to unit holders of record as of August 8, 2012.
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