PANL Dividend History - Pangaea Logistic

Track the latest PANL dividend history! 8.26% Dividend Yield, 30.67% Annual Growth - Explore PANL's complete dividend history

Yield 12m 8.26%
Cash Amount 12m 0.40
Dividend Growth 5y avg 30.67%
Dividend Rating 86.75%
Yield on Cost 5y 16.46%
Payout Ratio current 65.1%
Payout Frequency 12m 4
Payout Consistency 66.7%
Total Return 12m: -34.39%
#27 in Group
Total Return 5y: 99.37%
#13 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Marine Transportation
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
PANL 268m 8.26% 16.5%
ZIM 2,523m 26.3% 130%
ECO 752m 17.6% 97.4%
SBLK 1,922m 16.9% 37.4%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
PANL 268m 30.7% 86.8%
DAC 1,585m 26.7% 64.3%
FLNG 1,421m 102% 89.6%
GSL 754m 22.4% 73.0%

PANL Dividend History - Last 19 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-11-29 0.1 1.75%
2024-08-30 2024-09-02 2024-09-16 Quarterly 0.1 1.48%
2024-05-30 2024-05-30 2024-06-13 Quarterly 0.1 1.25%
2024-02-29 2024-03-01 2024-03-15 Quarterly 0.1 1.2%
2023-11-30 2023-12-01 2023-12-15 Quarterly 0.1 1.42%
2023-08-31 2023-09-01 2023-09-15 Quarterly 0.1 1.76%
2023-05-31 2023-06-01 2023-06-15 Quarterly 0.1 1.72%
2023-02-28 2023-03-01 2023-03-15 Quarterly 0.1 1.52%
2022-11-30 2022-12-01 2022-12-15 Quarterly 0.1 33.3% 1.97%
2022-08-31 2022-09-01 2022-09-15 Quarterly 0.075 1.5%
2022-05-31 2022-06-01 2022-06-15 Quarterly 0.075 50% 1.15%
2022-02-28 2022-03-01 2022-03-15 Quarterly 0.05 42.9% 1.01%
2021-11-30 2021-12-01 2021-12-15 Quarterly 0.035 0.88%
2021-08-31 2021-09-01 2021-09-15 Quarterly 0.035 0.72%
2021-05-28 2021-06-01 2021-06-15 Quarterly 0.035 75% 0.84%
2021-02-26 2021-03-01 2021-03-15 Other 0.02 -42.9% 0.67%
2019-11-20 2019-11-21 2019-12-03 Quarterly 0.035
2019-08-23 2019-08-26 2019-09-03 Quarterly 0.035
2019-05-31 2019-06-03 2019-06-11 Other 0.035

PANL Dividend History - FAQ

What is the Dividend Yield of PANL?

As of December 2024 PANL`s Dividend Yield is 8.26%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 0.40 USD by the current stock price of 4.84.

What is the long-term Dividend Growth Rate of PANL?

In the last 5 Years the Average Dividend Growth Rate was 30.67% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does PANL pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) PANL paid 4 times a dividend.

What is the Yield on Cost of PANL?

The 5 Year Yield-On-Cost is 16.46%. That's the effective dividend income you'd receive today if you purchased Pangaea Logistic five years ago. It is calculated by the Rate of the last 12 Months (0.40) divided by the price 5 years ago (2.43).

What is the Payout Consistency of PANL?

PANL has a Payout Consistency of 66.7%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of PANL?

The Overall Dividend Rating of 86.75 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does PANL have a good Dividend Yield?

PANL`s 8.26% Dividend Yield is considered as: high.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for PANL?

The next Dividend Date for PANL is unknown.

What is the Dividend Payout Ratio of PANL?

The Dividend Payout Ratio of PANL is 65.1%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: PANL Outstanding Shares

What is the Trend of PANL`s Outstanding Shares?

The Outstanding Shares of Pangaea Logistic are growing at a rate of 0.74% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 100.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Pangaea Logistic ever had a Stock Split?

No Stock Splits found.
Year Number of Shares (Mill.) Growth Rate
2011 46062000
2012 46561400 +1.08%
2013 11042500 -76.28%
2014 34757000 +214.76%
2015 35382700 +1.8%
2016 35581900 +0.56%
2017 42619900 +19.78%
2018 42369700 -0.59%
2019 42819600 +1.06%
2020 44337200 +3.54%
2021 44689300 +0.79%
2022 44986000 +0.66%
2023 45392200 +0.9%
2024 46011400 +1.36%