Navios Maritime Acquisition Corp. (NNA) Tops Q4 EPS by 3c; Declares $0.05 Quarterly Dividend; 4.7% Yield

February 10, 2011 7:15 AM EST
Navios Maritime Acquisition Corp. (NYSE: NNA) reported Q4 EPS of $0.02, $0.03 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $25.44 million versus the consensus estimate of $25.11 million.

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

The dividend is payable on April 5, 2011 to shareholders of record as of March 16, 2011. The ex-dividend date is March 14, 2011.

Yield on the dividend is 4.7%.


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