Pangaea Logistics Solutions Ltd. (PANL) Dividends
Dividend Yield and Dividend History Highlights
- PANL has issued more total dividends (as measured in absolute US dollars) over the past six years than 9.69% of other US stocks currently paying dividends.
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -29.5 -- higher than 5.02% of other dividend issuers in the US.
- Free cash flow for PANL has a compound average growth rate of -213.89%, which is higher than 4.14% of stocks in our dividend set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with PANL's price: KAR, ORAN, PNM, CLRO and BAH.
PANL Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $6.85 | $2.97 | -48.72% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Pangaea Logistics Solutions Ltd, the dividend discount model StockNews created for the company implies a negative return of 48.72%. To help understand and contextualize the model's evaluation of PANL, investors may wish to consider are:
- With a market cap of roughly $259 million, PANL is in the small-sized market cap class; amongst this group of stocks, its equity discount rate is lower than 8.94% of them.
- Amongst its dividend-issuing peers in the small-sized market cap category, PANL's beta -- a measure of volatility relative to the market at large -- is lower than 7.26% of them.
- Based on dividend growth rate, Pangaea Logistics Solutions Ltd has been increasing its dividends at a faster rate than 99.45% of US-listed dividend-issuing stocks we observed.
PANL Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-29 | Dividend | $0.10 | -- |
| 2023-11-30 | Dividend | $0.10 | -- |
| 2023-08-31 | Dividend | $0.10 | -- |
| 2023-05-31 | Dividend | $0.10 | -- |
| 2023-02-28 | Dividend | $0.10 | -- |
| 2022-11-30 | Dividend | $0.10 | +33.33% |
| 2022-08-31 | Dividend | $0.08 | -- |
| 2022-05-31 | Dividend | $0.08 | +50.00% |
| 2022-02-28 | Dividend | $0.05 | +42.86% |
| 2021-11-30 | Dividend | $0.04 | -- |
| 2021-08-31 | Dividend | $0.04 | -- |
| 2021-05-28 | Dividend | $0.04 | +75.00% |
| 2021-02-26 | Dividend | $0.02 | -42.86% |
| 2019-11-20 | Dividend | $0.04 | -- |
| 2019-08-23 | Dividend | $0.04 | -- |
| 2019-05-31 | Dividend | $0.04 | -- |
PANL Dividends vs. Peers
PANL's dividend yield currently ranks #46 of 62 vs. its peers in the Shipping category.
Looking for More Information on PANL dividends?
Here are a few links from around the web to help you further your research on Pangaea Logistics Solutions Ltd and its dividends:Pangaea Logistics Solutions Ltd Common Stock (PANL) Dividend History | Nasdaq
Dividend History for Pangaea Logistics Solutions Ltd (PANL) - Dividend Investor
Pangaea Logistics Solutions Ltd (PANL) Dividend History - Seeking Alpha