After an equity analyst had a crack at Navios Maritime Partners management on Tuesday over a $0.05 dividend that has not grown with profits, an unhappy investor is taking his turn.

Finance man Ned Sherwood, who once held a 5% stake in the company before dilution, took dead aim at chief executive Angeliki Frangou and not for the first time.

Sherwood has been a Navios hair-shirt since last July and renewed the attacks after Frangou told analysts her “prudent” approach warranted the status quo despite a growing fleet, profit and revenue book.