Pangaea Logistics Solutions Ltd. Dividend
Pangaea Logistics Solutions Ltd. Dividend history 5 years & estimates 2024 to 2026
Dividend Analysis of the Pangaea Logistics Solutions Ltd. Stock
| Current dividend yield | 6.24 % |
| Dividendenrendite 5 Jahre | 9.1 % |
| Dividend Yield 10Y | 3.34 % |
| Payout 3Y | 4.38 % |
When does Pangaea Logistics Solutions Ltd. pay a dividend?
The Pangaea Logistics Solutions Ltd. stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Pangaea Logistics Solutions Ltd. stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Pangaea Logistics Solutions Ltd. are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.1
$0.1
|
Aug 30 2024
Aug 30 2024
Sep 16 2024
Aug 30 24
Sep 16 24 |
Sep 16 2024 |
quarterly
quarterly
|
| 2024 |
$0.1
$0.1
|
May 30 2024
May 30 2024
Jun 13 2024
May 30 24
Jun 13 24 |
Jun 13 2024 |
quarterly
quarterly
|
| 2024 |
$0.1
$0.1
|
Feb 29 2024
Feb 29 2024
Mar 15 2024
Feb 29 24
Mar 15 24 |
Mar 15 2024 |
quarterly
quarterly
|
| 2023 |
$0.1
$0.1
|
Nov 30 2023
Nov 30 2023
Dec 15 2023
Nov 30 23
Dec 15 23 |
Dec 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.1
$0.1
|
Aug 31 2023
Aug 31 2023
Sep 15 2023
Aug 31 23
Sep 15 23 |
Sep 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.1
$0.1
|
May 31 2023
May 31 2023
Jun 15 2023
May 31 23
Jun 15 23 |
Jun 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.1
$0.1
|
Feb 28 2023
Feb 28 2023
Mar 15 2023
Feb 28 23
Mar 15 23 |
Mar 15 2023 |
quarterly
quarterly
|
| 2022 |
$0.1
$0.1
|
Nov 30 2022
Nov 30 2022
Dec 15 2022
Nov 30 22
Dec 15 22 |
Dec 15 2022 |
quarterly
quarterly
|
| 2022 |
$0.075
$0.08
|
Aug 31 2022
Aug 31 2022
Sep 15 2022
Aug 31 22
Sep 15 22 |
Sep 15 2022 |
quarterly
quarterly
|
| 2022 |
$0.075
$0.08
|
May 31 2022
May 31 2022
Jun 15 2022
May 31 22
Jun 15 22 |
Jun 15 2022 |
quarterly
quarterly
|
How much dividend does Pangaea Logistics Solutions Ltd. pay?
Pangaea Logistics Solutions Ltd. most recently paid a dividend of $0.10. Pangaea Logistics Solutions Ltd. paid a Dividend of $0.40 Per Share in the financial year 2023. With a stock price of $6.18 at Nov 01 2024, the current dividend yield is 6.47% (calculation: $0.40 / $6.18 = 6.47%). No special dividend was paid.
What is the Pangaea Logistics Solutions Ltd. Dividend Yield and payout ratio?
The average Pangaea Logistics Solutions Ltd. dividend yield over the last 5 years is 4.42% and the average over the last 10 years is 2.22%.
The payout ratio of Pangaea Logistics Solutions Ltd. in relation to the last financial year is 68.97%. The payout ratio smoothed over 3 years is 20.96%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Pangaea Logistics Solutions Ltd. |
|---|---|
| Current dividend yield | 6.47% |
| Dividend Yield 5Y | 4.42% |
| Dividend Yield 10Y | 2.22% |
| Payout 1Y | 68.97% |
| Payout 3Y | 20.96% |
Is the Pangaea Logistics Solutions Ltd. dividend safe? Continuity & Dividend Growth
Is the Pangaea Logistics Solutions Ltd. dividend safe?
Pangaea Logistics Solutions Ltd. has been paying a dividend for 5 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was recently increased 3-times.
The Dividend Growth in relation to the previous financial year amounts to 33.33%.
| Metric | Pangaea Logistics Solutions Ltd. |
|---|---|
| Increased | 3 Years |
| Continuity | 3 Years |
| Paid | 5 Years |
| Growth 1Y | 33.33% |
Continuity
Pangaea Logistics Solutions Ltd. has been paying a dividend for 5 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was recently increased 3-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 33.33%.
Pangaea Logistics Solutions Ltd. Stock Forecast 2024
On the stock exchange, the Pangaea Logistics Solutions Ltd. stock (ISIN: BMG6891L1054) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of Pangaea Logistics Solutions Ltd. -25.00% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Pangaea Logistics Solutions Ltd. stock price in real time at the top of the page.
Pangaea Logistics Solutions Ltd. (symbol: PANL) is valued at a Price / Earnings Ratio (P/E ratio) of 7.95 and a price/sales ratio (P/S ratio) of 0.58 valued. Based on analyst estimates, the Pangaea Logistics Solutions Ltd. stock forecast 2024 of the current financial year corresponds to a valuation of 7.41 according to P/E ratio and 0.56 according to P/S.
| Metric | Pangaea Logistics Solutions Ltd. |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
25.00%
|
| P/E TTM | 7.95 |
| P/S TTM | 0.58 |
| P/E forward | 7.41 |
| P/S forward | 0.56 |
Pangaea Logistics Solutions Ltd. (symbol: PANL) is valued at a Price / Earnings Ratio (P/E ratio) of 7.95 and a price/sales ratio (P/S ratio) of 0.58 valued. Based on analyst estimates, the Pangaea Logistics Solutions Ltd. stock forecast 2024 of the current financial year corresponds to a valuation of 7.41 according to P/E ratio and 0.56 according to P/S.
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