PANL - NASDAQ
Pangaea Logistics Solutions, Ltd.
$7.31
-7.5%Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.
At a Glance
Live SnapshotPangaea Logistics Solutions, Ltd. Dividend History
PANL Dividend Payment History
Total Payments
25
Latest Dividend
$0.0500
Annual Amount
$0.2500
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 7, 2026 | Jun 1, 2026 | Jun 15, 2026 | $0.0500 | $0.0500 | Quarterly | 0.00% |
Feb 13, 2026 | Feb 27, 2026 | Mar 13, 2026 | $0.0500 | $0.0500 | Quarterly | 0.00% |
Nov 6, 2025 | Dec 1, 2025 | Dec 15, 2025 | $0.0500 | $0.0500 | Quarterly | 0.00% |
Aug 6, 2025 | Sep 2, 2025 | Sep 15, 2025 | $0.0500 | $0.0500 | Quarterly | 0.00% |
May 8, 2025 | Jun 2, 2025 | Jun 16, 2025 | $0.0500 | $0.0500 | Quarterly | -50.00% |
Feb 13, 2025 | Feb 28, 2025 | Mar 14, 2025 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Nov 8, 2024 | Nov 29, 2024 | Dec 13, 2024 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Aug 8, 2024 | Sep 2, 2024 | Sep 16, 2024 | $0.1000 | $0.1000 | Quarterly | 0.00% |
May 7, 2024 | May 30, 2024 | Jun 13, 2024 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Feb 15, 2024 | Mar 1, 2024 | Mar 15, 2024 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Nov 8, 2023 | Dec 1, 2023 | Dec 15, 2023 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Aug 9, 2023 | Sep 1, 2023 | Sep 15, 2023 | $0.1000 | $0.1000 | Quarterly | 0.00% |
May 10, 2023 | Jun 1, 2023 | Jun 15, 2023 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Feb 15, 2023 | Mar 1, 2023 | Mar 15, 2023 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Nov 9, 2022 | Dec 1, 2022 | Dec 15, 2022 | $0.1000 | $0.1000 | Quarterly | +33.33% |
Aug 9, 2022 | Sep 1, 2022 | Sep 15, 2022 | $0.0750 | $0.0750 | Quarterly | 0.00% |
May 10, 2022 | Jun 1, 2022 | Jun 15, 2022 | $0.0750 | $0.0750 | Quarterly | +50.00% |
Feb 16, 2022 | Mar 1, 2022 | Mar 15, 2022 | $0.0500 | $0.0500 | Quarterly | +42.86% |
Nov 9, 2021 | Dec 1, 2021 | Dec 15, 2021 | $0.0350 | $0.0350 | Semi-Annual | 0.00% |
Aug 9, 2021 | Sep 1, 2021 | Sep 15, 2021 | $0.0350 | $0.0350 | Semi-Annual | 0.00% |
May 10, 2021 | Jun 1, 2021 | Jun 15, 2021 | $0.0350 | $0.0350 | Semi-Annual | +75.00% |
Dec 21, 2020 | Mar 1, 2021 | Mar 15, 2021 | $0.0200 | $0.0200 | Quarterly | -42.86% |
Nov 7, 2019 | Nov 21, 2019 | Dec 3, 2019 | $0.0350 | $0.0350 | Quarterly | 0.00% |
Aug 12, 2019 | Aug 26, 2019 | Sep 3, 2019 | $0.0350 | $0.0350 | Quarterly | 0.00% |
May 20, 2019 | Jun 3, 2019 | Jun 11, 2019 | $0.0350 | $0.0350 | Quarterly | - |
Pangaea Logistics Solutions, Ltd. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.
Sustainability
Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.
Key Insight
Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.
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