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Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.

Pangaea Logistics Solutions Dividend Announcement

Pangaea Logistics Solutions announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-30
Pangaea Logistics Solutions annual dividend for 2024 was $0.30
Pangaea Logistics Solutions annual dividend for 2023 was $0.40
Pangaea Logistics Solutions's trailing twelve-month (TTM) dividend yield is 5.82%
Pangaea Logistics Solutions's payout ratio for the trailing twelve months (TTM) is 51.98%

Pangaea Logistics Solutions Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30$0.10quarterly2024-09-16
2024-05-30$0.10quarterly2024-06-13
2024-02-29$0.10quarterly2024-03-15
2023-11-30$0.10quarterly2023-12-15
2023-08-31$0.10quarterly2023-09-15
2023-05-31$0.10quarterly2023-06-15
2023-02-28$0.10quarterly2023-03-15
2022-11-30$0.10quarterly2022-12-15
2022-08-31$0.07quarterly2022-09-15
2022-05-31$0.07quarterly2022-06-15
2022-02-28$0.05quarterly2022-03-15
2021-11-30$0.04quarterly2021-12-15
2021-08-31$0.04quarterly2021-09-15
2021-05-28$0.04quarterly2021-06-15
2021-02-26$0.02quarterly2021-03-15
2019-11-20$0.04quarterly2019-12-03
2019-08-23$0.04quarterly2019-09-03
2019-05-31$0.04quarterly2019-06-11

Pangaea Logistics Solutions Dividend per year

Pangaea Logistics Solutions Dividend growth

Pangaea Logistics Solutions Dividend Yield

Pangaea Logistics Solutions current trailing twelve-month (TTM) dividend yield is 5.82%. Interested in purchasing Pangaea Logistics Solutions stock? Use our calculator to estimate your expected dividend yield:

Pangaea Logistics Solutions Financial Ratios

P/E ratio8.80
PEG ratio0.71
P/B ratio0.94
ROE10.76%
Payout ratio51.98%
Current ratio2.16
Quick ratio1.78
Cash Ratio0.93

Pangaea Logistics Solutions Dividend FAQ

How much is the next Pangaea Logistics Solutions dividend?
Pangaea Logistics Solutions's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Pangaea Logistics Solutions dividend. The next Pangaea Logistics Solutions dividend will be released in February, May, August, or November.
When is Pangaea Logistics Solutions dividend paid?
Pangaea Logistics Solutions pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Pangaea Logistics Solutions pay?
The specific amount of Pangaea Logistics Solutions dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Pangaea Logistics Solutions's dividend history.
Does Pangaea Logistics Solutions stock pay dividends?
Yes, Pangaea Logistics Solutions does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Pangaea Logistics Solutions's dividend history.
How much dividend does Pangaea Logistics Solutions pay?
Pangaea Logistics Solutions paid $0.3 in 2024, $0.4 in 2023, $0.3 in 2022, $0.125 in 2021, and $0.0 in 2020.
How often does Pangaea Logistics Solutions pay dividends?
Pangaea Logistics Solutions typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Pangaea Logistics Solutions's dividend yield?
The current dividend yield for Pangaea Logistics Solutions is 5.82%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Pangaea Logistics Solutions's exact dividend yield.
When does Pangaea Logistics Solutions go ex dividend?
Pangaea Logistics Solutions's ex-dividend date for the latest dividend was on 2024-08-30. Pangaea Logistics Solutions typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Pangaea Logistics Solutions dividend paid?
Pangaea Logistics Solutions pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Pangaea Logistics Solutions increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Pangaea Logistics Solutions will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Pangaea Logistics Solutions dividend per share?
Pangaea Logistics Solutions paid $0.3 per share in 2024 and $0.4 per share in 2023. The amount of dividend per share that Pangaea Logistics Solutions pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Pangaea Logistics Solutions a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Pangaea Logistics Solutions a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Pangaea Logistics Solutions a dividend stock?
Yes, Pangaea Logistics Solutions is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Pangaea Logistics Solutions a good dividend stock?
Whether Pangaea Logistics Solutions is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Pangaea Logistics Solutions has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Pangaea Logistics Solutions as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Pangaea Logistics Solutions pay dividends monthly?
Pangaea Logistics Solutions typically pays dividends on a quarterly basis.
Does Pangaea Logistics Solutions pay dividends quarterly?
Pangaea Logistics Solutions currently pays dividends on a quarterly basis.
Has Pangaea Logistics Solutions ever paid a dividend?
Yes, Pangaea Logistics Solutions has a history of paying dividends to its shareholders. Pangaea Logistics Solutions is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Pangaea Logistics Solutions dividend stocks?
To buy Pangaea Logistics Solutions you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Pangaea Logistics Solutions stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Pangaea Logistics Solutions pay dividends 2024?
Pangaea Logistics Solutions pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Pangaea Logistics Solutions increase its dividend in 2024?
Decisions regarding Pangaea Logistics Solutions dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Pangaea Logistics Solutions dividend overview you can look into the above table of dividend history.
How Pangaea Logistics Solutions dividend works?
The Pangaea Logistics Solutions dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Pangaea Logistics Solutions's dividend process works:

1. Determination of Dividend: Pangaea Logistics Solutions's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Pangaea Logistics Solutions publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Pangaea Logistics Solutions distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Pangaea Logistics Solutions are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Pangaea Logistics Solutions dividends paid?
Pangaea Logistics Solutions dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Pangaea Logistics Solutions sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Pangaea Logistics Solutions distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Pangaea Logistics Solutions declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Pangaea Logistics Solutions pay dividends?
Pangaea Logistics Solutions typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Pangaea Logistics Solutions pay dividends?
The general pattern is that Pangaea Logistics Solutions pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Pangaea Logistics Solutions dividend safe?
The safety of Pangaea Logistics Solutions's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Pangaea Logistics Solutions's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Pangaea Logistics Solutions's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.