Free Trial
→ URGENT: This Altcoin Opportunity Won’t Wait – Act Now (From Crypto Swap Profits) (Ad) Free PANL Stock Alerts

Pangaea Logistics Solutions (PANL) Dividend Yield, Date & History

Pangaea Logistics Solutions logo
$4.84 -0.15 (-3.01%)
(As of 12/20/2024 05:16 PM ET)
Compare

Pangaea Logistics Solutions Dividend Summary

Dividend Yield
8.26%
Annual Dividend
$0.40
Recent
Dividend Payment
Dec. 13
Dividend Payout Ratio
85.11%

Pangaea Logistics Solutions (PANL) pays an annual dividend of $0.40 per share, with a dividend yield of 8.26%. The next quarterly payment of $0.10 per share was paid on Friday, December 13, to investors who owned the stock before the ex-dividend date of Friday, November 29. The company currently pays out 85.11% of its earnings and 32.81% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

PANL Dividend Payments by Quarter

The chart below displays up to four years of Pangaea Logistics Solutions' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PANL Dividend Yield Over Time

The chart below tracks Pangaea Logistics Solutions' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Pangaea Logistics Solutions vs. The Competition

Compare Pangaea Logistics Solutions' annual dividend, yield, and 3-year growth rate with averages for Transportation and NASDAQ companies to evaluate its performance against the market.

TypePangaea Logistics SolutionsTransportation CompaniesNASDAQ Companies
Annual Dividend$0.40$0.01$1.31
Dividend Yield8.26%4.47%4.23%
Annualized 3-Year Dividend Growth0.00%26.12%14.22%

Pangaea Logistics Solutions Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings85.11%
Based on This Year's Estimate63.49%
Based on Next Year's Estimate58.82%
Based on Cashflow32.81%

Pangaea Logistics Solutions Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/12/2024quarterly$0.10 - 6.3%11/29/202411/29/202412/13/2024
8/8/2024Quarterly$0.10 - 6.19%8/30/20249/2/20249/16/2024
5/7/2024Quarterly$0.10 - 5.3%5/30/20245/30/20246/13/2024
2/15/2024quarterly$0.10 - 4.7%2/29/20243/1/20243/15/2024
11/8/2023Quarterly$0.10 - 6.3%11/30/202312/1/202312/15/2023
8/7/2023quarterly$0.10 - 5.74%8/31/20239/1/20239/15/2023
5/9/2023Quarterly$0.10 - 6.54%5/31/20236/1/20236/15/2023
2/15/2023quarterly$0.10 - 6.51%2/28/20233/1/20233/15/2023

This table shows Pangaea Logistics Solutions' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Pangaea Logistics Solutions Dividend - Frequently Asked Questions

The current dividend yield for Pangaea Logistics Solutions is 8.26%. Learn more on PANL's dividend yield history.

The annual dividend for PANL shares is $0.40. Learn more on PANL's annual dividend history.

Pangaea Logistics Solutions pays quarterly dividends to shareholders.

Pangaea Logistics Solutions's most recent quarterly dividend payment of $0.10 per share was made to shareholders on Friday, December 13, 2024.

Pangaea Logistics Solutions's most recent ex-dividend date was Friday, November 29, 2024.

The most recent change in the company's dividend was an increase of $0.0250 on Wednesday, November 9, 2022.

The dividend payout ratio for PANL is:
  • 85.11% based on the trailing year of earnings
  • 63.49% based on this year's estimates
  • 58.82% based on next year's estimates
  • 32.81% based on cash flow

Pangaea Logistics Solutions' dividend yield of 7.87% is higher than the average Transportation company that issues a dividend. PANL has a dividend yield higher than 75% of all dividend-paying stocks 5.64, making it a leading dividend payer. Pangaea Logistics Solutions' dividend payout ratio of 85.11% may not be sustainable. However, based on earnings estimates, PANL will have a more sustainable dividend payout ratio of 58.82% next year.

Looking at the stock as a whole, market analysts rate Pangaea Logistics Solutions stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.

Related Companies
Dividend Tools
Stock Lists
Latest Articles

This page (NASDAQ:PANL) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners
Amazon coin set to soar 25X – starting December 16th?
This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...
True Market Insiders | Sponsored
Did You See Trump’s Bombshell Exec. Order 001?
Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."
Banyan Hill Publishing | Sponsored
$2 Trillion Disappears Because of Fed's Secretive New Move
$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...
Stansberry Research | Sponsored
The #1 Crypto for AI
We’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...
Weiss Ratings | Sponsored
Elon Musk’s chilling warning for humanity
The 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...
The Freeport Society | Sponsored
Vladimir Lenin was right…
The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold ...
Porter & Company | Sponsored
Musk’s new company could top a trillion?
The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...
Paradigm Press | Sponsored
⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
Behind the Markets | Sponsored