The Board of Directors of Navios Maritime Partners L.P. ("Navios Partners", NMM) has declared a cash distribution of $0.4425 per unit for the quarter ended March 31, 2014. This distribution represents an annualized distribution of $1.77 per unit, the Company said in a press release.
The cash distribution will be payable on May 13, 2014 to unit holders of record as of May 9, 2014.
About Navios Maritime Partners L.P.
Navios Partners (NYSE: NMM) is a publicly traded master limited partnership which owns and operates dry cargo vessels.