Pangaea Logistics Solutions Ltd.
PANLIndustrials · Stock · quarterly payer
Forward Yield
4.96%
Annual Dividend
$0.40
Payout Ratio
27%
5-Yr Growth
—
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Summary
As of August 2026, Pangaea Logistics Solutions Ltd. (PANL) yields 4.96% ($0.40 per share annually), with a blended fair-value estimate of $6.63 — -18% downside, so it screens as overvalued. Dividend safety grade: C (55/100).
Is PANL a good dividend stock?
MixedPangaea Logistics Solutions Ltd. (PANL) pays a quarterly dividend yielding 4.96% ($0.40/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 (27%)
- 60% total price return over 5 years
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 4.96%
- Payout Ratio
- 27%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.77
- Market Cap
- $527.7M
- P/E Ratio
- 11.0
- 5-Yr Total Return
- 60%
- 52-Week Range
- $4.54 – $9.39
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
PANL Price — Last 12 Months
Daily close
Price Return
1 Year
+59%
3 Years
+37%
5 Years
+60%
52-Week Range
$4.54 – $9.39
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PANL worth?
Overvaluedhigh confidenceOur blended fair-value estimate for Pangaea Logistics Solutions Ltd. is $6.63 per share, versus a market price of $8.06. That implies 18% of downside.
Fair Value
$6.63
Current Price
$8.06
Downside
-18%
Margin of Safety
-22%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -4.1% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.2% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.74 EPS, $0.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PANL Dividend Safety Score
Borderline
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
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 $0.40 / yr per share
