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 | |
|---|---|---|---|---|---|
| 11 | Aug 10, 2021 | Aug 31, 2021 | Sep 15, 2021 | $0.0350 | 0.629% |
| 12 | May 11, 2021 | May 28, 2021 | Jun 15, 2021 | $0.0350 | 0.717% |
| 13 | Dec 21, 2020 | Feb 26, 2021 | Mar 15, 2021 | $0.0200 | 0.606% |
| 14 | Nov 07, 2019 | Nov 20, 2019 | Dec 03, 2019 | $0.0350 | 1.16% |
| 15 | Aug 12, 2019 | Aug 23, 2019 | Sep 03, 2019 | $0.0350 | 1.13% |
| 16 | May 20, 2019 | May 31, 2019 | Jun 11, 2019 | $0.0350 | 1.03% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
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 (0.510%). PANL’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.08%), 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 | 272.449M | $1.65 | 18.95% | -12.15% | |
| Portman Ridge Finance Corporation | 184.655M | - | 11.19% | 170.85% | |
| Pangaea Logistics Solutions | 362.557M | $0.100 | 6.12% | 73.21% | |
| Seanergy Maritime | 216.402M | $0.100 | 2.43% | 291.49% | |
| Eastern Company (The) | 180.335M | $0.110 | 2.04% | 27.85% | |
| Twin Disc | 217.911M | $0.0400 | 0.543% | 4.59% | |
| CPI Card Group Inc. | 239.012M | $0.225 | 0% | - | |
| L.B. Foster Company | 325.841M | $0.0400 | 0% | - |
