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December 3, 2012
16:02 EDTNMNavios Maritime announces chance of Q3 dividend payment date to December 27
Navios Maritime Holdings announced that its board approved a change in the payment date of the company's regular quarterly shareholder dividend of 6c per share to December 27. This dividend for Q3 was previously scheduled to be paid on January 4, 2013. The record date associated with this dividend payment remains unchanged at December 18.
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November 24, 2015
08:30 EDTNMNavios Maritime downgraded on cash burn, weak cash flow at Stifel
As noted earlier, Stifel downgraded Navios to Hold from Buy. The firm says that Navios is facing the erosion of multiple cash flow streams, largely due to the poor dry bulk market. The firm writes that the company's cash burn is "an issue," and it notes that Navios has suspended its dividend and reduced its distributions by $18M.
06:07 EDTNMNavios Maritime downgraded to Hold from Buy at Stifel
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November 23, 2015
10:56 EDTNMNavios Maritime suspends dividend, initiates $25M share repurchase program
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07:24 EDTNMNavios Maritime reports Q3 adjusted EPS (23c), consensus (23c)
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