Pangaea Logistics Solutions Dividend
Dividend criteria checks 4/6
Pangaea Logistics Solutions is a dividend paying company with a current yield of 5.71% that is well covered by earnings.
Key information
5.7%
Dividend yield
68%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.56 |
Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PGA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PGA's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Pangaea Logistics Solutions Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PGA) | 5.7% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Shipping) | 6.0% |
Analyst forecast in 3 Years (PGA) | 5.7% |
Notable Dividend: PGA's dividend (5.71%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: PGA's dividend (5.71%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68%), PGA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.5%), PGA's dividend payments are covered by cash flows.