Pangaea Logistics Solutions Dividends and Buybacks
Dividend criteria checks 3/6
Pangaea Logistics Solutions is a dividend paying company with a current yield of 6.61% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
6.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 6.6% |
| Future Dividend Yield | 6.6% |
| Dividend Growth | 21.4% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$0.400 |
| Payout ratio | 84% |
Recent dividend and buyback updates
Pangaea Logistics Solutions (NASDAQ:PANL) Has Affirmed Its Dividend Of $0.10
Aug 15
Pangaea Logistics Solutions' (NASDAQ:PANL) Dividend Will Be $0.10
Feb 21Recent updates
Pangaea Logistics Solutions, Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 15Pangaea Logistics Solutions (NASDAQ:PANL) Has Affirmed Its Dividend Of $0.10
Aug 15Shareholders May Not Be So Generous With Pangaea Logistics Solutions, Ltd.'s (NASDAQ:PANL) CEO Compensation And Here's Why
Aug 01Pangaea Logistics Solutions: Downgrading On Valuation And Mediocre Q2 Outlook - Hold
Jun 01Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Analysts Just Trimmed Their Revenue Forecasts By 12%
May 14There May Be Some Bright Spots In Pangaea Logistics Solutions' (NASDAQ:PANL) Earnings
Mar 21Pangaea Logistics Solutions' (NASDAQ:PANL) Dividend Will Be $0.10
Feb 21Pangaea Logistics Solutions (NASDAQ:PANL) Has More To Do To Multiply In Value Going Forward
Feb 06Not Many Are Piling Into Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Just Yet
Jan 19Pangaea Logistics Solutions (NASDAQ:PANL) Is Due To Pay A Dividend Of $0.10
Nov 26Pangaea Logistics Solutions (NASDAQ:PANL) Is Paying Out A Dividend Of $0.10
Nov 12Calculating The Intrinsic Value Of Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL)
Jun 22News Flash: 3 Analysts Think Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Earnings Are Under Threat
May 15Pangaea Logistics Solutions (NASDAQ:PANL) Has Announced That It Will Be Increasing Its Dividend To $0.10
Nov 29Pangaea Logistics Solutions: Cheap Dry Bulk Shipper With Differentiated Business Approach
Oct 05Pangaea Logistics goes ex-dividend tomorrow
Aug 30Pangaea Logistics Solutions buys dry bulk vessel for $17.1M
Aug 23Pangaea Logistics: Decent Business Model, But Macro Headwinds Ahead
Aug 17Pangaea Logistics Solutions' (NASDAQ:PANL) Returns On Capital Are Heading Higher
Aug 11Pangaea Logistics rises 9% after Non-GAAP EPS of $0.64 beats by $0.21, revenue of $195.5M beats by $8.71M
Aug 09Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jul 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PANL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PANL's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Pangaea Logistics Solutions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PANL) | 6.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Shipping) | 5.2% |
| Analyst forecast (PANL) (up to 3 years) | 6.6% |
Notable Dividend: PANL's dividend (6.61%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: PANL's dividend (6.61%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.6%), PANL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (149.2%), PANL's dividend payments are not well covered by cash flows.