Navios Maritime Partners swelled its fleet of 150 vessels after swallowing up its sister companies in the tanker and container ship spaces.

But one thing about the company has not grown: its quarterly dividend, which stands at just a nickel per share.

Asked about the potential for growing these payments on Tuesday, chief executive Angeliki Frangou pointed to other priorities: low debt, a major newbuilding programme and acting on opportunities that arise in the market.