Pangaea Logistics Solutions Ltd

Pangaea Logistics Solutions Ltd PANL

Dividend Summary

The next Pangaea Logistics Solutions Ltd dividend is expected to go ex in 1 month and to be paid in 2 months.
The previous Pangaea Logistics Solutions Ltd dividend was 10c and it went ex 2 months ago and it was paid 1 month ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.0.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 10c Sign Up Required
Declaration date 15 Feb 2024 (Thu) 08 May 2024 (Wed)
Ex-div date 29 Feb 2024 (Thu) 30 May 2024 (Thu)
Pay date 15 Mar 2024 (Fri) 13 Jun 2024 (Thu)

Enter the number of Pangaea Logistics Solutions Ltd shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
79%
Our premium tools have predicted Pangaea Logistics Solutions Ltd with 79% accuracy.
Dividend Yield Today
5.8%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for Pangaea Logistics Solutions Ltd
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 01 Nov 2028 24 Nov 2028 08 Dec 2028 USD Sign up
Forecast Quarterly 02 Aug 2028 25 Aug 2028 08 Sep 2028 USD Sign up
Forecast Quarterly 03 May 2028 25 May 2028 08 Jun 2028 USD Sign up
Forecast Quarterly 10 Feb 2028 25 Feb 2028 10 Mar 2028 USD Sign up
Forecast Quarterly 03 Nov 2027 26 Nov 2027 10 Dec 2027 USD Sign up
Forecast Quarterly 04 Aug 2027 27 Aug 2027 10 Sep 2027 USD Sign up
Forecast Quarterly 05 May 2027 27 May 2027 10 Jun 2027 USD Sign up
Forecast Quarterly 11 Feb 2027 26 Feb 2027 12 Mar 2027 USD Sign up
Forecast Quarterly 04 Nov 2026 27 Nov 2026 11 Dec 2026 USD Sign up
Forecast Quarterly 05 Aug 2026 28 Aug 2026 11 Sep 2026 USD Sign up
Forecast Quarterly 06 May 2026 28 May 2026 11 Jun 2026 USD Sign up
Forecast Quarterly 12 Feb 2026 27 Feb 2026 13 Mar 2026 USD Sign up
Forecast Quarterly 05 Nov 2025 28 Nov 2025 12 Dec 2025 USD Sign up
Forecast Quarterly 06 Aug 2025 29 Aug 2025 12 Sep 2025 USD Sign up
Forecast Quarterly 07 May 2025 29 May 2025 12 Jun 2025 USD Sign up
Forecast Quarterly 13 Feb 2025 28 Feb 2025 14 Mar 2025 USD Sign up
Forecast Quarterly 06 Nov 2024 29 Nov 2024 13 Dec 2024 USD Sign up
Forecast Quarterly 07 Aug 2024 30 Aug 2024 13 Sep 2024 USD Sign up
Forecast Quarterly 08 May 2024 30 May 2024 13 Jun 2024 USD Sign up
Paid Quarterly 15 Feb 2024 29 Feb 2024 15 Mar 2024 USD 13c 10c 😒
Paid Quarterly 08 Nov 2023 30 Nov 2023 15 Dec 2023 USD 13c 10c 😒
Paid Quarterly 09 Aug 2023 31 Aug 2023 15 Sep 2023 USD 10c 10c 😄
Paid Quarterly 10 May 2023 31 May 2023 15 Jun 2023 USD 10c 10c 😄
Paid Quarterly 15 Feb 2023 28 Feb 2023 15 Mar 2023 USD 10c 10c 😄
Paid Quarterly 09 Nov 2022 30 Nov 2022 15 Dec 2022 USD 7.5c 10c 😒
Paid Quarterly 09 Aug 2022 31 Aug 2022 15 Sep 2022 USD 7.5c 7.5c 😄
Paid Quarterly 10 May 2022 31 May 2022 15 Jun 2022 USD 5c 7.5c 😞
Paid Quarterly 16 Feb 2022 28 Feb 2022 15 Mar 2022 USD 5c
Paid Quarterly 09 Nov 2021 30 Nov 2021 15 Dec 2021 USD 3.5c
Paid Quarterly 09 Aug 2021 31 Aug 2021 15 Sep 2021 USD 3.5c
Paid Quarterly 10 May 2021 28 May 2021 15 Jun 2021 USD 3.5c
Paid Quarterly 21 Dec 2020 26 Feb 2021 15 Mar 2021 USD 2c
Paid Quarterly 07 Nov 2019 20 Nov 2019 03 Dec 2019 USD 3.5c
Paid Quarterly 12 Aug 2019 23 Aug 2019 03 Sep 2019 USD 3.5c
Paid Quarterly 20 May 2019 31 May 2019 11 Jun 2019 USD 3.5c
Year Amount Change
2006 0.0c
2007 0.0c
0%
2008 0.0c
0%
2009 0.0c
0%
2010 0.0c
0%
2011 0.0c
0%
2012 0.0c
0%
2013 0.0c
0%
2014 0.0c
0%
2015 0.0c
0%
2016 0.0c
0%
2017 0.0c
0%
2018 0.0c
0%
2019 10.5c
100%
2020 0.0c
-100.0%
2021 12.5c
100%
2022 30.0c
140.0%
2023 40.0c
33.3%
2024 Sign Up Required
2025 Sign Up Required
2026 Sign Up Required
2027 Sign Up Required
2028 Sign Up Required

Pangaea Logistics Solutions Ltd Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
5.8%
Optimized Yield
Sign Up Required
52 Week High
12.8% on 27 August 2023
52 Week Low
4.7% on 01 March 2024
Next Ex-Div-Date Countdown
Sign Up Required

About Pangaea Logistics Solutions Ltd

Pangaea Logistics Solutions, Ltd. provides seaborn dry bulk logistics and transportation services through its subsidiaries. The Company is focused on providing transportation needs of its customers with a range of services and activities, including cargo loading, cargo discharge, vessel chartering, and voyage planning. The Company operates chartered-in Panamax, including post panamax and Kamsarmax, Supramax, including Ultramax, Handymax and Handysize drybulk carriers. The Company utilizes its logistics capabilities to service a base of industrial customers who require the transportation of a range of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone. Its subsidiaries include Americas Bulk Transport (BVI) Limited, Phoenix Bulk Carriers (US) LLC, Allseas Logistics Bermuda Ltd., Bulk Patriot Ltd., Nordic Bulk Barents Ltd, Nordic Bulk Bothnia Ltd, Venture Logistics NL Inc and Bulk Spirit Ltd.

Sector
Shipping
Country
United States
Share Price
$6.85 (yesterday's closing price)
Shares in Issue
47 million
Market Cap
$320mn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
2.0
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
3
Market Indices
none
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