Pangaea Logistics Solutions Ltd.
PANLPangaea Logistics Solutions Ltd. (PANL) is a global provider of seaborne transportation services for dry bulk cargoes. The company operates a fleet of dry bulk vessels, offering transportation solutions for commodities such as iron ore, coal, grain, and steel products. Pangaea Logistics focuses on efficient and flexible shipping services to meet the needs of its customers across various regions worldwide.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 15, 2026 | $0.05 | 2026-06-01 | 2026-06-01 |
| March 13, 2026 | $0.05 | 2026-02-27 | 2026-02-27 |
| December 15, 2025 | $0.05 | 2025-12-01 | 2025-12-01 |
| September 15, 2025 | $0.05 | 2025-09-02 | 2025-09-02 |
| June 16, 2025 | $0.05 | 2025-06-02 | 2025-06-02 |
Dividends Summary
- Consistent Payer: Pangaea Logistics Solutions Ltd. has rewarded shareholders with 25 dividend payments over the past 7 years.
- Total Returned Value: Investors who held PANL shares during this period received a total of $1.68 per share in dividend income.
- Latest Payout: The most recent dividend of $0.05/share was paid 33 days ago, on June 15, 2026.
- Yield & Schedule: PANL currently pays dividends quarterly with an annual yield of 2.84%.
- Dividend Growth: Since 2019, the dividend payout has grown by 42.9%, from $0.04 to $0.05.
- Dividend Reliability: PANL has maintained or increased its dividend for 5 consecutive payments.
Company News
Pangaea Logistics Solutions (NASDAQ: PANL) reported strong Q4 2025 results with TCE rates of $17,773 per day, 11% higher year-over-year, and adjusted EBITDA of $28.7 million, up 23%. The company declared a $0.05 quarterly dividend and maintains $103.1 million in cash. Management highlighted robust Arctic trade activity, successful fleet integrati...
Pangaea Logistics Solutions (NASDAQ: PANL) announced it will release its fourth quarter 2025 financial results on March 10, 2026, followed by a conference call on March 11, 2026 at 8:00 a.m. ET to discuss results and answer investor questions.
Senior executives from leading dry bulk, gas (LNG/LPG), and tanker shipping companies will present at the 20th Annual Capital Link International Shipping Forum on March 9, 2026, in New York City. The event features panel discussions on shipping market trends, energy transition, global trade, ship finance, and strategic innovation, with participat...
Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per common share, payable on March 13, 2026 to shareholders of record as of February 27, 2026.
Pangaea Logistics Solutions will release its Q3 2025 financial results on November 6, 2025, followed by a conference call on November 7, 2025 at 8:00 a.m. ET to review financial performance and conduct a Q&A session.
