NNA - Navios Maritime Acquisition: You Might Get That 23% Yield But Don't Count On It
Introduction
Throughout 2020 there have been near countless companies that reduced their dividends, but surprisingly, the microcap oil shipping company Navios Maritime Acquisition (NNA) has kept theirs steady and currently offers a very high yield of 23%. Whilst this may seem attractive to some income-starved investors, they should exercise caution since there are some massive fundamental problems.
Executive Summary and Ratings
Since many readers are likely short on time, the table below provides a very brief executive summary and ratings for the primary criteria that was assessed. This Google Document provides a list