Free Trial
→ Why I'm telling friends to avoid gold stocks (From DTI) (Ad) Free PANL Stock Alerts

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

Pangaea Logistics Solutions logo
$5.18 +0.10 (+1.97%)
(As of 12:13 PM ET)
Compare

Pangaea Logistics Solutions Dividend Summary

Dividend Yield
7.72%
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 7.72%. 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 30.66% 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 Yield7.87%4.48%4.06%
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 Cashflow31.26%

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 7.87%. 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
  • 31.26% based on cash flow

Pangaea Logistics Solutions' dividend yield of 7.50% is higher than the average Transportation company that issues a dividend. PANL has a dividend yield higher than 75% of all dividend-paying stocks 5.5, 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 12/18/2024 by MarketBeat.com Staff
From Our Partners
This drone stock is setting up to transform medical supply delivery
Drone stocks are on a tear, with certain symbols seeing gains as high as 300% over just a matter of weeks.
The Tomorrow Investor | Sponsored
Uncover the Top Gold Stock of the Bull Market
Gold Stocks Are Surging—Is West Red Lake Gold Mines Your Next Profit Play?
Huge Alerts | Sponsored
Healthcare Takes A Big Step Forward With The Help of A.I.
To date, we've seen baseline AI models lay the groundwork. Tools like ChatGPT are useful, but they are still s...
Wall Street Star | Sponsored
Is Starlink Set For The Largest IPO In History?
He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again ...
Paradigm Press | Sponsored
Trump’s Sending THIS Crypto Higher on Purpose
Discover the coin set to explode before 2025! Trump could trigger THIS crypto coin…
Crypto 101 Media | Sponsored
50-year Wall Street legend: “Sell this tech stock NOW”
Something very strange is happening to U.S. stocks following President Trump's victory... And this could s...
Chaikin Analytics | Sponsored
Seeing is believing…
Today, I want to share all the details with you… and show you how to leverage this incredible wealth-building ...
Porter & Company | Sponsored
URGENT: This Altcoin Opportunity Won’t Wait – Act Now
It’s here. This is the moment we’ve been waiting for. The next 3-6 months in crypto will be absolutely life...
Crypto Swap Profits | Sponsored