PANL
Price:
$7.19
Market Cap:
$467.18M
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.
Industry
Marine Shipping
IPO Date
2013-12-19
Stock Exchange
NASDAQ
Ticker
PANL
According to Pangaea Logistics Solutions, Ltd.’s latest financial reports and current stock price. The company's current Dividend Yield is 3.48%. This represents a change of 111.02% compared to the average of 1.65% of the last 4 quarters.
The mean historical Dividend Yield of Pangaea Logistics Solutions, Ltd. over the last ten years is 3.13%. The current 3.48% Dividend Yield has changed 10.99% with respect to the historical average. Over the past ten years (40 quarters), PANL's Dividend Yield was at its highest in in the December 2017 quarter at 648.83%. The Dividend Yield was at its lowest in in the June 2016 quarter at 0%.
Average
3.13%
Median
2.55%
Minimum
0.08%
Maximum
7.69%
Discovering the peaks and valleys of Pangaea Logistics Solutions, Ltd. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 746.82%
Maximum Annual Dividend Yield = 7.69%
Minimum Annual Increase = -93.06%
Minimum Annual Dividend Yield = 0.08%
| Year | Dividend Yield | Change |
|---|---|---|
| 2024 | 7.69% | 56.72% |
| 2023 | 4.91% | -16.36% |
| 2022 | 5.87% | 76.27% |
| 2021 | 3.33% | 647.98% |
| 2020 | 0.44% | -93.06% |
| 2019 | 6.41% | 261.75% |
| 2018 | 1.77% | 150.32% |
| 2017 | 0.71% | 746.82% |
| 2016 | 0.08% | -23.18% |
| 2015 | 0.11% | -3.14% |
The current Dividend Yield of Pangaea Logistics Solutions, Ltd. (PANL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.15%
5-year avg
4.45%
10-year avg
3.13%
Pangaea Logistics Solutions, Ltd.’s Dividend Yield is greater than Costamare Bulkers Holdings Ltd (0%), less than KNOT Offshore Partners LP (1.03%), less than Himalaya Shipping Ltd. (5.02%), less than Luxfer Holdings PLC (4.01%), greater than StealthGas Inc. (0%), greater than Mistras Group, Inc. (0%), less than Wabash National Corporation (3.46%), less than ACCO Brands Corporation (8.43%), greater than Magnera Corp. (0%), greater than AirJoule Technologies Corporation (0%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 0% | $411.37M | |
| 1.03% | $343.86M | |
| 5.02% | $444.55M | |
| 4.01% | $346.64M | |
| 0% | $257.16M | |
| 0% | $372.58M | |
| 3.46% | $374.37M | |
| 8.43% | $320.88M | |
| 0% | $496.26M | |
| 0% | $178.84M |
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