Pangaea Logistics Solutions Ltd. (PANL) Dividends

Pangaea Logistics Solutions Ltd. (PANL): $7.96

0.12 (+1.53%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: Shipping

Industry

A

Ranked

#13 of 42

in industry

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 Ex-Dividend Date
PANL Dividend Yield
5.10%
PANL Annual Dividend
$0.40
PANL Payout Ratio

PANL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$7.96$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
2024-02-29Dividend$0.10--
2023-11-30Dividend$0.10--
2023-08-31Dividend$0.10--
2023-05-31Dividend$0.10--
2023-02-28Dividend$0.10--
2022-11-30Dividend$0.10+33.33%
2022-08-31Dividend$0.08--
2022-05-31Dividend$0.08+50.00%
2022-02-28Dividend$0.05+42.86%
2021-11-30Dividend$0.04--
2021-08-31Dividend$0.04--
2021-05-28Dividend$0.04+75.00%
2021-02-26Dividend$0.02-42.86%
2019-11-20Dividend$0.04--
2019-08-23Dividend$0.04--
2019-05-31Dividend$0.04--


PANL Dividends vs. Peers

PANL's dividend yield currently ranks #47 of 63 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 SALT Scorpio Bulkers Inc. 0.00%
2 NM Navios Maritime Holdings Inc. 0.00%
3 SBLK Star Bulk Carriers Corp. 0.00%
4 ZIM ZIM Integrated Shipping Services Ltd. 0.00%
5 OP OceanPal Inc. 0.00%
6 OSGB Overseas Shipholding Group Inc 0.00%
7 SB Safe Bulkers Inc. 0.00%
8 EDRY EuroDry Ltd. 0.00%
9 DLNG Dynagas LNG Partners LP 0.00%
10 NMM Navios Maritime Partners L.P. 0.00%
11 NNA Navios Maritime Acquisition Corporation Common stock 0.00%
12 TGH Textainer Group Holdings Ltd. 0.00%
13 EGLE Eagle Bulk Shipping Inc. 0.00%
14 BWLP BW LPG Limited 0.00%
15 TK Teekay Corporation 0.00%
16 GASS StealthGas, Inc. - common stock 0.00%
17 SFL Ship Finance International Limited 0.00%
18 DSX Diana Shipping inc. common stock 0.00%
19 SHIP Seanergy Maritime Holdings Corp 0.00%
20 AMKBY A.P. Moeller-Maersk A/S ADR 0.00%
21 OSG Overseas Shipholding Group, Inc. 0.00%
22 CPLP Capital Product Partners L.P. 0.00%
23 MSLOY Mitsui O.S.K. Lines, Ltd. 0.00%
24 TOPS TOP Ships Inc. 0.00%
25 INSW International Seaways, Inc. 0.00%
26 KEX Kirby Corporation 0.00%
27 TNK Teekay Tankers Ltd. 0.00%
28 TNP Tsakos Energy Navigation Ltd Common Shares 0.00%
29 CMRE Costamare Inc. 0.00%
30 CRU Crude Carriers Corporation 0.00%
31 SINO Sino-Global Shipping America, Ltd. 0.00%
32 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
33 GLBS Globus Maritime Limited 0.00%
34 DSS Document Security Systems, Inc. 0.00%
35 NVGS Navigator Holdings Ltd. 0.00%
36 GLNG Golar LNG Limited 0.00%
37 ESEA Euroseas Ltd. 0.00%
38 NMCI Navios Maritime Containers L.P. 0.00%
39 KNOP Knot Offshore Partners LP 0.00%
40 GOGL Golden Ocean Group Limited 0.00%
41 TRTN Triton International Ltd. 0.00%
42 TRMD TORM plc 0.00%
43 NPNYY Nippon Yusen 0.00%
44 SSW Seaspan Corporation Seaspan Corporation Common Shares 0.00%
45 ASC Ardmore Shipping Corporation 0.00%
46 CAI CAI International, Inc. 0.00%
47 PANL Pangaea Logistics Solutions Ltd. 0.00%
48 GNK Genco Shipping & Trading Ltd. 0.00%
49 GLOG GasLog Ltd. Common Shares 0.00%
50 GLOP GasLog Partners LP Common Units representing limited partnership interests 0.00%
51 LPG Dorian LPG Ltd. 0.00%
52 NAT Nordic American Tankers Limited 0.00%
53 GNRT Gener8 Maritime, Inc. 0.00%
54 DAC Danaos Corporation 0.00%
55 PXS Pyxis Tankers Inc. 0.00%
56 GRIN Grindrod Shipping Holdings Ltd. 0.00%
57 SFWL Shengfeng Development Ltd. 0.00%
58 HSHP Himalaya Shipping Ltd. 0.00%
59 MATX Matson, Inc. 0.00%
60 DRYS DryShips Inc. 0.00%
61 PSHG Performance Shipping Inc 0.00%
62 CTRM Castor Maritime Inc. 0.00%
63 GSL Global Ship Lease Inc. Cl A 0.00%

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

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