PANL Dividend History & Analysis | 4.8% Yield

PANL has a dividend yield of 4.8% and paid 0.25 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.76%
Payout Ratio 2.5%
Growth Rate CAGR 5y 18.92%
Consistency Lifetime 69.9%
Yield on Cost 5y 10.20%
Payout FCF 44.0%
Streak Years 5
Dividend Rating 66.66%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 72.3%
Total Return 5y: 256%

Top Dividend Payers in Marine Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ZIM 2,792 M 26.7% 114%
FLNG 1,444 M 12.3% 62.4%
ESEA 396 M 5.71% 47.7%
ECO 1,582 M 7.78% 42.4%
GSL 1,343 M 7.78% 22.2%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SHIP 228 M 38.2% 12.8%
GSL 1,343 M 29.7% 33.4%
ESEA 396 M 28.3% 44.7%
DAC 1,894 M 23.2% 32.5%
MATX 5,096 M 7.20% 94.6%

Quality Dividend Peers in Marine Transportation

GSL
Global Ship Lease
 7.78% Yield
ECO
Okeanis Eco Tankers
 7.78% Yield
ESEA
Euroseas
 5.71% Yield
DAC
Danaos
 3.89% Yield
MATX
Matson
 1.48% Yield
CMRE
Costamare
 4.02% Yield

PANL Dividend History: Last 23 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-01 2025-12-01 2025-12-15 Quarterly 0.05 0% 0.72%
2025-09-02 2025-09-02 2025-09-15 Quarterly 0.05 0% 0.95%
2025-06-02 2025-06-02 2025-06-16 Quarterly 0.05 -50% 1.11%
2025-02-28 2025-02-28 2025-03-14 Quarterly 0.1 0% 1.94%
2024-11-29 2024-11-29 2024-12-13 Quarterly 0.1 0% 1.75%
2024-08-30 2024-09-02 2024-09-16 Quarterly 0.1 0% 1.48%
2024-05-30 2024-05-30 2024-06-13 Quarterly 0.1 0% 1.25%
2024-02-29 2024-03-01 2024-03-15 Quarterly 0.1 0% 1.2%
2023-11-30 2023-12-01 2023-12-15 Quarterly 0.1 0% 1.42%
2023-08-31 2023-09-01 2023-09-15 Quarterly 0.1 0% 1.76%
2023-05-31 2023-06-01 2023-06-15 Quarterly 0.1 0% 1.72%
2023-02-28 2023-03-01 2023-03-15 Quarterly 0.1 0% 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 0% 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% 0.88%
2021-08-31 2021-09-01 2021-09-15 Quarterly 0.035 0% 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 0% N/A
2019-08-23 2019-08-26 2019-09-03 Quarterly 0.035 0% N/A
2019-05-31 2019-06-03 2019-06-11 Other 0.035 0% N/A

PANL Dividend FAQ

Pangaea Logistics Solutions (NASDAQ:PANL) operates a fleet of 41 dry-bulk vessels that transport commodities such as grains, coal, iron ore, and cement clinker for industrial customers worldwide, while also offering terminal, stevedoring, chartering, and technical management services from its headquarters in Newport, Rhode Island.

What is the Dividend Yield of PANL?

As of February 2026, PANL`s dividend yield is 4.76%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.25 USD by the current share price of 8.71.

Does PANL pay a dividend?

As of February 2026, PANL paid a dividend of 0.25 USD in the last 12 months. The last dividend was paid on 2025-12-01 and the payout was 0.05 USD.

How often does PANL pay dividends?

PANL pays dividends quarterly. Over the last 12 months, PANL has issued 4 dividend payments. The last dividend payment was made on 2025-12-01.

PANL dividend forecast

Based on historical data, the forecasted dividends per share for PANL for the next 4 payments are between 0.098 (+96.0%) and 0.101 (+102.0%).
This represents a strong dividend growth compared to the last payment.

Will PANL pay dividends in 2026?

The latest dividend paid per share was 0.05 USD with an Ex-Dividend Date of 2025-12-01. The next Ex-Dividend date for Pangaea Logistic (PANL) is currently unknown.

What is the next Ex-Dividend Date for PANL?

The next Ex-Dividend date for Pangaea Logistic (PANL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of PANL?

PANL's average dividend growth rate over the past 5 years is 18.9% per year.
Strong growth: PANL's Dividend growth is outpacing inflation.

What is the Yield on Cost of PANL?

PANL's 5-Year Yield on Cost is 10.2%. If you bought PANL's shares at 2.45 USD five years ago, your current annual dividend income (0.25 USD per share, trailing 12 months) equals 10.2% of your original purchase price.

What is the Payout Consistency of PANL?

PANL Payout Consistency is 69.9%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Unstable: Pangaea Logistic has an inconsistent track record of dividend payments over its lifetime.

Does PANL have a good Dividend Yield?

PANL`s 4.76% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of PANL?

The Dividend Payout Ratio of PANL is 2.5%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of PANL?

PANL`s Overall Dividend Rating is 66.66%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PANL Outstanding Shares Analysis

What is the Trend in PANL's Outstanding Shares?

Pangaea Logistic's outstanding shares have increased by approximately 19.67% annually over the past 3 years (Trend Reliability: 100.0%).

Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has PANL ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
2011 46,062,000
2012 46,561,400 +1.08%
2013 11,042,500 -76.28%
2014 34,757,000 +214.76%
2015 35,382,700 +1.8%
2016 35,581,900 +0.56%
2017 42,619,900 +19.78%
2018 42,369,700 -0.59%
2019 42,819,600 +1.06%
2020 44,337,200 +3.54%
2021 44,689,300 +0.79%
2022 44,986,000 +0.66%
2023 45,392,200 +0.9%
2024 46,046,000 +1.44%
2025 65,009,200 +41.18%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-08 02:18