Pangaea Logistics Solutions Stock Dividends
PANL pays dividends quarterly. Last paid amount was $0.100 at Mar 15, 2024. As of today, dividend yield (TTM) is 6.12%.
Dividend Yield Range
AI Analysis of PANL
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 6.12% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.100 |
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Pangaea Logistics Solutions has not yet announced its next dividend date. Last payment date was: Mar 15, 2024.
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PANL Dividend Payout History
To ensure a understanding of PANL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 15, 2024 | Feb 29, 2024 | Mar 15, 2024 | $0.100 | 1.46% |
| 2 | Nov 08, 2023 | Nov 30, 2023 | Dec 15, 2023 | $0.100 | 1.27% |
| 3 | Aug 07, 2023 | Aug 31, 2023 | Sep 15, 2023 | $0.100 | 1.80% |
| 4 | May 09, 2023 | May 31, 2023 | Jun 15, 2023 | $0.100 | 1.59% |
| 5 | Feb 15, 2023 | Feb 28, 2023 | Mar 15, 2023 | $0.100 | 1.65% |
| 6 | Nov 09, 2022 | Nov 30, 2022 | Dec 15, 2022 | $0.100 | 2.02% |
| 7 | Aug 09, 2022 | Aug 31, 2022 | Sep 15, 2022 | $0.0750 | 1.50% |
| 8 | May 10, 2022 | May 31, 2022 | Jun 15, 2022 | $0.0750 | 1.34% |
| 9 | Feb 16, 2022 | Feb 28, 2022 | Mar 15, 2022 | $0.0500 | 0.93% |
| 10 | Nov 09, 2021 | Nov 30, 2021 | Dec 15, 2021 | $0.0350 | 0.94% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
PANL Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from PANL dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PANL stock here.
Comparing PANL to Sector and Country
PANL pays a solid dividend yield of 6.12%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.521%). PANL’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.39%), which means that there are more attractive dividend stocks to consider.
PANL Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Grindrod Shipping | 266.543M | $1.65 | 18.95% | -12.15% | |
| Portman Ridge Finance Corporation | 181.078M | - | 11.19% | 225.21% | |
| Pangaea Logistics Solutions | 327.048M | $0.100 | 6.12% | 73.21% | |
| Seanergy Maritime | 193.839M | $0.100 | 2.43% | 291.49% | |
| Eastern Company (The) | 200.585M | $0.110 | 2.04% | 32.22% | |
| Twin Disc | 234.286M | $0.0400 | 0.543% | - | |
| CPI Card Group Inc. | 190.621M | $0.225 | 0% | - | |
| L.B. Foster Company | 269.099M | $0.0400 | 0% | - |
