Navios Maritime Acquisition (NNA) Posts Q3 adj.-EPS of $0.05, Tops by 2c; Declares $0.05 Quarterly Dividend; 3.6% Yield

November 10, 2010 7:49 AM EST
Navios Maritime Acquisition Corporation (NYSE: NNA) reports Q3 adjusted EPS of $0.05, 2 cents better than the consensus of $0.03. Revenue for the quarter came in at $8.10 million, compared to the consensus of $7.63 million.

The Board of Directors of Navios Acquisition declared a quarterly cash dividend for the third quarter of 2010 of $0.05 per share of common stock, $0.20 annualized.

The dividend is payable on January 12, 2011 to shareholders of record as of December 8, 2010. The ex-dividend date is December 6, 2010.

Yield on the dividend is 3.6%.


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