Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) Plans Quarterly Dividend of $0.05

Posted by on May 12th, 2026

Pangaea Logistics Solutions Ltd. (NASDAQ:PANL – Get Free Report) announced a quarterly dividend on Monday, May 11th. Shareholders of record on Monday, June 1st will be paid a dividend of 0.05 per share by the shipping company on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, June 1st.

Pangaea Logistics Solutions has a payout ratio of 25.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Pangaea Logistics Solutions to earn $0.35 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 57.1%.

Pangaea Logistics Solutions Stock Down 1.9%

Pangaea Logistics Solutions stock opened at $7.69 on Tuesday. Pangaea Logistics Solutions has a 1-year low of $4.21 and a 1-year high of $9.39. The firm has a market capitalization of $502.31 million, a price-to-earnings ratio of 24.81 and a beta of 0.81. The firm’s fifty day moving average price is $7.57 and its two-hundred day moving average price is $7.28. The company has a current ratio of 1.69, a quick ratio of 1.46 and a debt-to-equity ratio of 0.69.

Pangaea Logistics Solutions (NASDAQ:PANL – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The shipping company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.06. Pangaea Logistics Solutions had a net margin of 3.06% and a return on equity of 3.80%. The firm had revenue of $170.58 million during the quarter, compared to analysts’ expectations of $165.79 million. On average, equities research analysts predict that Pangaea Logistics Solutions will post 0.27 earnings per share for the current fiscal year.

Pangaea Logistics Solutions Company Profile

(Get Free Report)

Pangaea Logistics Solutions Ltd. is a global transportation and logistics company that provides ocean transportation and integrated logistics services. The company operates a fleet of drybulk vessels, including Handysize, Supramax and Ultramax carriers, to transport commodities such as coal, grain, minerals, ores and steel products. In parallel, Pangaea offers asset-light logistics solutions spanning freight forwarding, supply chain management and project cargo services, enabling end-to-end transport for bulk and breakbulk shipments.

Founded in 2012 as a spin-off from an established maritime shipping group, Pangaea Logistics Solutions went public on the Nasdaq in 2013 under the ticker PANL.

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Dividend History for Pangaea Logistics Solutions (NASDAQ:PANL)

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