Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) Declares Dividend Increase – $0.10 Per Share

Posted by George Bondi on Aug 11th, 2026

Pangaea Logistics Solutions Ltd. (NASDAQ:PANL – Get Free Report) announced a quarterly dividend on Monday, August 10th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.10 per share by the shipping company on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 100.0% increase from Pangaea Logistics Solutions’s previous quarterly dividend of $0.05.

Pangaea Logistics Solutions has a dividend payout ratio of 25.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Pangaea Logistics Solutions to earn $0.42 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 47.6%.

Pangaea Logistics Solutions Stock Performance

Shares of PANL stock opened at $7.33 on Tuesday. The company’s fifty day simple moving average is $7.25 and its 200-day simple moving average is $7.71. Pangaea Logistics Solutions has a 52 week low of $4.54 and a 52 week high of $9.39. The company has a current ratio of 1.63, a quick ratio of 1.37 and a debt-to-equity ratio of 0.64. The company has a market cap of $479.49 million, a PE ratio of 13.33 and a beta of 0.79.

Pangaea Logistics Solutions (NASDAQ:PANL – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The shipping company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. Pangaea Logistics Solutions had a net margin of 5.10% and a return on equity of 5.71%. The firm had revenue of $187.12 million during the quarter, compared to analysts’ expectations of $192.76 million. As a group, equities research analysts anticipate that Pangaea Logistics Solutions will post 0.71 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PANL. Wall Street Zen upgraded Pangaea Logistics Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Weiss Ratings lowered Pangaea Logistics Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold”.

Check Out Our Latest Stock Report on Pangaea Logistics Solutions

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.