PANL Dividend History & Analysis | 2.9% Yield

PANL has a dividend yield of 2.9% and paid 0.3 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.89%
Payout Ratio 35.7%
Growth Rate CAGR 5y -9.5%
Consistency Lifetime 84.1%
Yield on Cost 5y 7.6%
Payout FCF 21.2%
Streak Years -
Dividend Rating 16.4%
Chowder Number yield + growth -6.6% below 15% target for healthy growth
Yield vs Average 5y -41.9% avg 4.98% vs now 2.89%
Debt / EBITDA leverage 2.4x healthy
Income per 10k invested 289 USD per year
Dividends Cash Amount per Share Yearly PANL annual dividends paid per share, showing the total cash Pangaea Logistic distributed to shareholders each year.
Dividend Growth Year over Year PANL year-over-year dividend growth rate, showing how Pangaea Logistic's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History PANL dividend yield history versus share price over the past 5 years, showing how Pangaea Logistic's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Marine Transportation

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ECO NYSE
Okeanis Eco Tankers
2,432 M 18.09% 220.27%
HAUTO OL
Hoegh Autoliners ASA
3,623 M 9.35% 148.34%
WAWI OL
Wallenius Wilhelmsen
7,152 M 11.07% 80.59%
HSHP OL
Himalaya Shipping
781 M 12.70% 36.61%
DIS MI
d'Amico International
1,018 M 5.10% 46.30%
FLNG NYSE
FLEX LNG
1,694 M 11.17% 33.40%
MPCC OL
MPC Container Ships ASA
1,415 M 9.35% 27.12%
GNK NYSE
Genco Shipping & Trading
1,128 M 7.79% 13.61%
GSL NYSE
Global Ship Lease
1,621 M 6.54% 15.61%
SBLK NASDAQ
Star Bulk Carriers
3,404 M 7.07% 13.93%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
HSHP OL
Himalaya Shipping
781 M 88.37% 100.0%
WAWI OL
Wallenius Wilhelmsen
7,152 M 78.36% 90.0%
GSL NYSE
Global Ship Lease
1,621 M 16.79% 91.7%
DAC NYSE
Danaos
2,663 M 5.97% 91.7%
MATX NYSE
Matson
6,708 M 4.92% 100.0%
CMRE NYSE
Costamare
1,863 M 7.57% 81.8%
HAUTO OL
Hoegh Autoliners ASA
3,623 M 13.40% 79.1%
SB NYSE
Safe Bulkers
868 M 1.77% 97.0%
DIS MI
d'Amico International
1,018 M 5.57% 95.3%
ECO NYSE
Okeanis Eco Tankers
2,432 M 5.10% 79.1%

PANL Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb 1.24% 100
Mar - -
Apr - -
May 0.82% 60
Jun 0.36% 40
Jul - -
Aug 0.95% 60
Sep 0.24% 22
Oct - -
Nov 1.21% 80
Dec 0.14% 20

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of September 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-01 2026-09-01 2026-09-15 Quarterly 0.1 +100% N/A
2026-06-01 2026-06-01 2026-06-15 Quarterly 0.05 0% 0.67%
2026-02-27 2026-02-27 2026-03-13 Quarterly 0.05 0% 0.55%
2025-12-01 2025-12-01 2025-12-15 Quarterly 0.05 0% 0.72%
2025-09-02 2025-09-02 2025-09-15 Quarterly 0.05 0% 0.95%
2025-06-02 2025-06-02 2025-06-16 Quarterly 0.05 -50% 1.11%
2025-02-28 2025-02-28 2025-03-14 Quarterly 0.1 0% 1.94%
2024-11-29 2024-11-29 2024-12-13 Quarterly 0.1 0% 1.75%
2024-08-30 2024-09-02 2024-09-16 Quarterly 0.1 0% 1.48%
2024-05-30 2024-05-30 2024-06-13 Quarterly 0.1 0% 1.25%
2024-02-29 2024-03-01 2024-03-15 Quarterly 0.1 0% 1.2%
2023-11-30 2023-12-01 2023-12-15 Quarterly 0.1 0% 1.42%
2023-08-31 2023-09-01 2023-09-15 Quarterly 0.1 0% 1.76%
2023-05-31 2023-06-01 2023-06-15 Quarterly 0.1 0% 1.72%
2023-02-28 2023-03-01 2023-03-15 Quarterly 0.1 0% 1.52%
2022-11-30 2022-12-01 2022-12-15 Quarterly 0.1 +33.3% 1.97%
2022-08-31 2022-09-01 2022-09-15 Quarterly 0.075 0% 1.5%
2022-05-31 2022-06-01 2022-06-15 Quarterly 0.075 +50% 1.15%
2022-02-28 2022-03-01 2022-03-15 Quarterly 0.05 +42.9% 1.01%
2021-11-30 2021-12-01 2021-12-15 Quarterly 0.035 0% 0.88%

PANL Dividend FAQ

What is the Dividend Yield of PANL?

As of September 2026, PANL's dividend yield is 2.89%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.30 USD by the current share price of 8.12.

Does PANL pay a dividend?

As of September 2026, PANL paid a dividend of 0.30 USD in the last 12 months. The last dividend was paid on 2026-09-01 and the payout was 0.1 USD.

How often does PANL pay dividends?

PANL pays dividends quarterly. Over the last 12 months, PANL has issued 5 dividend payments. The last dividend payment was made on 2026-09-01.

PANL dividend forecast

Based on historical data, the forecasted dividends per share for PANL for the next payments are between 0.072 (-28.0%) and 0.078 (-22.0%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 3.68%.

Will PANL pay dividends in 2026?

The latest dividend paid per share was 0.1 USD with an Ex-Dividend Date of 2026-09-01. The next Ex-Dividend date for Pangaea Logistic (PANL) is 2026-09-01.

What is the next Ex-Dividend Date for PANL?

The next Ex-Dividend date for Pangaea Logistic (PANL) is 2026-09-01.

What is the Dividend Growth of PANL?

PANL's average dividend growth rate over the past 5 years is -9.54% per year. Negative growth: PANL's dividend growth is negative and declining.

What is the Yield on Cost of PANL?

PANL's 5-Year Yield on Cost is 7.56%. If you bought PANL's shares at 3.97 USD five years ago, your current annual dividend income (0.30 USD per share, trailing 12 months) equals 7.56% of your original purchase price.

What is the Payout Consistency of PANL?

PANL Payout Consistency is 84.1%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Moderately consistent: Pangaea Logistic has a good track record of consistent dividend payments over its lifetime.

Does PANL have a good Dividend Yield?

PANL's 2.89% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of PANL?

The Dividend Payout Ratio of PANL is 35.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of PANL?

PANL's Overall Dividend Rating is 16.40%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PANL Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in PANL's Outstanding Shares?

Pangaea Logistic's outstanding shares have increased by approximately 16.73% annually over the past 3 years (Trend Reliability: 91.1%). Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has PANL ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2011 46,062,000 0%
2012 46,561,400 +1.08%
2013 11,042,500 -76.28%
2014 34,757,000 +214.76%
2015 35,382,700 +1.8%
2016 35,581,900 +0.56%
2017 42,619,900 +19.78%
2018 42,369,700 -0.59%
2019 42,819,600 +1.06%
2020 44,337,200 +3.54%
2021 44,689,300 +0.79%
2022 44,986,000 +0.66%
2023 45,392,200 +0.9%
2024 46,046,000 +1.44%
2025 64,176,100 +39.37%
2026 65,025,900 +1.32%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-09-01 04:30 UTC