PANL Pangaea Logistics Solutions dividend history, payout ratio & dates
Pangaea Logistics Solutions's latest dividend of $0.1 per share was on Nov 29, 2024 (ex-date). The annualized dividend distribution of $0.4 per share represents a current dividend yield of 8.08%.
Key dates
- PANL last dividend date: Nov 29, 2024
PANL dividend stats
vs. Industrials sector
Dividend yield
Pangaea Logistics Solutions's dividend yield of 8.08% is above the Industrials sector and the industry average. In comparison with its Industrials sector average of 1.47%, Pangaea Logistics Solutions's dividend yield is 450% higher.
Dividend history
Pangaea Logistics Solutions has been paying dividends for the last three consecutive years. Our records of PANL show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock down by 39% from a year ago, the dividend yield has increased by 63%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 29, 2024 | $0.1 | 7.27% |
| Aug 30, 2024 | $0.1 | 5.93% |
| May 30, 2024 | $0.1 | 4.88% |
| Feb 29, 2024 | $0.1 | 4.77% |
| Nov 30, 2023 | $0.1 | 5.71% |
| Aug 31, 2023 | $0.1 | 7.09% |
| May 31, 2023 | $0.1 | 6.53% |
| Feb 28, 2023 | $0.1 | 5.27% |
| Nov 30, 2022 | $0.1 | 5.85% |
| Aug 31, 2022 | $0.075 | 4.69% |
| May 31, 2022 | $0.075 | 2.91% |
| Feb 28, 2022 | $0.05 | 3.05% |
| Nov 30, 2021 | $0.035 | 3.27% |
| Aug 31, 2021 | $0.035 | 1.84% |
| May 28, 2021 | $0.035 | 1.36% |
| Feb 26, 2021 | $0.02 | 0.66% |
| Nov 20, 2019 | $0.035 | 3.47% |
| Aug 23, 2019 | $0.035 | 2.27% |
| May 31, 2019 | $0.035 | 1.01% |
Pangaea Logistics Solutions dividend payout ratio
Payout ratio
Pangaea Logistics Solutions's payout ratio of 83.3% is above the Industrials sector and the industry average. In comparison with its Industrials sector average of 33.2%, Pangaea Logistics Solutions's payout ratio is 151% higher.
Total amount of dividends paid per financial year (from cash flow)
PANL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PANL Pangaea Logistics Solutions Ltd | 7.98% | $0.4 | 83.3% |
| MATX Matson Inc | 0.95% | $1.32 | 10.8% |
| RCL Royal Caribbean Group | 0.17% | $0.4 | 4% |
Frequently asked questions
Does Pangaea Logistics Solutions pay a dividend?
Yes, Pangaea Logistics Solutions has paid four dividends in the last twelve months. PANL has been paying dividends since 2021.
When was PANL's last dividend?
Pangaea Logistics Solutions's last regular dividend was on Nov 29, 2024 (ex-date) with the amount of $0.1 per share.
How much dividend does Pangaea Logistics Solutions pay (per share)?
PANL has paid dividend of $0.4 per share in the last year.
What is Pangaea Logistics Solutions's dividend yield?
Currently Pangaea Logistics Solutions's dividend yield is 8.08%.
How often does Pangaea Logistics Solutions pay dividends?
Pangaea Logistics Solutions pays four dividends per year.
What is Pangaea Logistics Solutions's dividend payout ratio?
Pangaea Logistics Solutions's dividend payout ratio is 83.3%.
Does Pangaea Logistics Solutions pay a good dividend?
Pangaea Logistics Solutions's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.