Pangaea Logistics Solutions Ltd.
PANLIndustrials · Stock · quarterly payer
$7.27
Add to PortfolioForward Yield
2.75%
Annual Dividend
$0.20
Payout Ratio
37%
5-Yr Growth
—
Ex-Date
Jun 1, 2026
Frequency
Quarterly
PANL Dividend Safety Score
57/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage37% of earnings paid out
Free-cash-flow coverage28% of free cash flow
Balance-sheet strengthDebt/equity of 0.74
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is PANL a good dividend stock?
MixedPangaea Logistics Solutions Ltd. (PANL) pays a quarterly dividend yielding 2.75% ($0.20/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (37%)
- 47% total price return over 5 years
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 2.75%
- Payout Ratio
- 37%
- Annual Dividend
- $0.20
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.76
- Market Cap
- $475.6M
- P/E Ratio
- 13.5
- 5-Yr Total Return
- 47%
- 52-Week Range
- $4.46 – $9.39
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.0500 | regular |
| Feb 27, 2026 | — | $0.0500 | regular |
| Dec 1, 2025 | — | $0.0500 | regular |
| Sep 2, 2025 | — | $0.0500 | regular |
| Jun 2, 2025 | — | $0.0500 | regular |
| Feb 28, 2025 | — | $0.1000 | regular |
| Nov 29, 2024 | — | $0.1000 | regular |
| Aug 30, 2024 | — | $0.1000 | regular |
| May 30, 2024 | — | $0.1000 | regular |
| Feb 29, 2024 | — | $0.1000 | regular |
| Nov 30, 2023 | — | $0.1000 | regular |
| Aug 31, 2023 | — | $0.1000 | regular |
| May 31, 2023 | — | $0.1000 | regular |
| Feb 28, 2023 | — | $0.1000 | regular |
Income Calculator
At $0.20 / yr per share
Per payment (quarterly)$5.00
Annual$20.00
Monthly avg$1.67
