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

Pangaea Logistics Solutions logo
$6.30 -0.11 (-1.72%)
(As of 11/15/2024 ET)

Dividend Summary

Dividend Yield
6.35%
Annual Dividend
$0.40
Dividend Payout Ratio
85.11%
Next
Dividend Payment
Dec. 13
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Pangaea Logistics Solutions vs. The Competition

TypePangaea Logistics SolutionsTransportation CompaniesNASDAQ Companies
Annual Dividend$0.40$1.48$1.28
Dividend Yield6.35%443.30%406.31%
Annualized 3-Year Dividend Growth0.00%26.12%14.41%

Pangaea Logistics Solutions Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings85.11%
Based on This Year's Estimates63.49%
Based on Next Year's Estimates58.82%
Based on Cashflow29.71%

Pangaea Logistics Solutions Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/12/2024quarterly$0.106.3%11/29/202411/29/202412/13/2024
8/8/2024Quarterly$0.106.19%8/30/20249/2/20249/16/2024
5/7/2024Quarterly$0.105.3%5/30/20245/30/20246/13/2024
2/15/2024quarterly$0.104.7%2/29/20243/1/20243/15/2024
11/8/2023Quarterly$0.106.3%11/30/202312/1/202312/15/2023
8/7/2023quarterly$0.105.74%8/31/20239/1/20239/15/2023
5/9/2023Quarterly$0.106.54%5/31/20236/1/20236/15/2023
2/15/2023quarterly$0.106.51%2/28/20233/1/20233/15/2023
11/9/2022quarterly$0.107.75%11/30/202212/1/202212/15/2022
8/9/2022Quarterly$0.07505.41%8/31/20229/1/20229/15/2022
5/10/2022Quarterly$0.07505.84%5/31/20226/1/20226/15/2022
2/16/2022quarterly$0.054.26%3/1/20223/1/20223/15/2022
11/9/2021quarterly$0.03502.72%11/30/202112/1/202112/15/2021
8/9/2021Quarterly$0.03502.82%8/31/20219/1/20219/15/2021
5/10/2021Quarterly$0.03503.98%5/28/20216/1/20216/15/2021
12/21/2020quarterly$0.022.93%2/26/20213/1/20213/15/2021
11/7/2019quarterly$0.03504.29%11/20/201911/21/201912/3/2019
8/12/2019quarterly$0.03504.06%8/23/20198/26/20199/3/2019
5/20/2019quarterly$0.03504.06%5/31/20196/3/20196/11/2019
(Data available from 1/1/2013 forward)

Pangaea Logistics Solutions Dividend - Frequently Asked Questions

What is Pangaea Logistics Solutions's dividend yield?

The current dividend yield for Pangaea Logistics Solutions is 6.35%. Learn more on PANL's dividend yield history.

How much is Pangaea Logistics Solutions's annual dividend?

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

How often does Pangaea Logistics Solutions pay dividends?

Pangaea Logistics Solutions pays quarterly dividends to shareholders.

When is Pangaea Logistics Solutions's next dividend payment?

Pangaea Logistics Solutions's next quarterly dividend payment of $0.10 per share will be made to shareholders on Friday, December 13, 2024.

When was Pangaea Logistics Solutions's most recent dividend payment?

Pangaea Logistics Solutions's most recent quarterly dividend payment of $0.10 per share was made to shareholders on Monday, September 16, 2024.

When is Pangaea Logistics Solutions's ex-dividend date?

Pangaea Logistics Solutions's next ex-dividend date is Friday, November 29, 2024.

When was Pangaea Logistics Solutions's most recent ex-dividend date?

Pangaea Logistics Solutions's most recent ex-dividend date was Friday, August 30, 2024.

When did Pangaea Logistics Solutions last increase or decrease its dividend?

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

What is Pangaea Logistics Solutions's dividend payout ratio?
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
  • 29.71% based on cash flow
Is Pangaea Logistics Solutions a good dividend stock?

Pangaea Logistics Solutions' dividend yield of 6.35% is higher than the average Transportation company that issues a dividend. PANL has a dividend yield higher than 75% of all dividend-paying stocks 5.41, 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.


This page (NASDAQ:PANL) was last updated on 11/17/2024 by MarketBeat.com Staff
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