NASDAQ · Dividend

Pangaea Logistics Solutions Ltd. (PANL) Dividend

$7.94 NASDAQ: PANL Market Cap $519.86M

Metric	Value
Dividend Yield	4.74%
Indicated Annual Dividend	$0.38
Payout Ratio	53.28%
FCF Yield	11.54%
Current Price	$7.94

Dividend Analysis

Pangaea Logistics Solutions Ltd. (PANL) currently pays a dividend yielding 4.74%, an indicated annual rate of roughly $0.38 per share. The payout ratio is 53.28%, within the 40-75% range common among established dividend payers. Free cash flow yield is 11.54%. FCF yield compares the cash a company generates with its market value and can be read alongside the earnings-based payout ratio.

Pangaea Logistics Solutions Ltd. pays quarterly; the payout ratio is 53.3% of earnings; free cash flow yield of 11.54% covers the 4.74% dividend yield.

Payment schedule

Measure	Value
Indicated annual dividendYield times the current share price.	$0.38
Dividend yieldAnnual dividend as a percentage of the share price.	4.74%
Payments per yearThis stock pays quarterly.	4
Amount per paymentIndicated annual dividend divided by the number of payments.	$0.09

Dividend income by amount invested

At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.

Invested	Shares	Income per year	Per payment
$1,000	125.9	$47.40	$11.85
$5,000	629.7	$237.00	$59.25
$10,000	1259.4	$474.00	$118.50
$25,000	3148.6	$1185.00	$296.25
$50,000	6297.2	$2370.00	$592.50

Yield across the 52-week range

Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.

Share price	Price	Yield
At the 52-week high	$9.39	4.01%
Today	$7.94	4.74%
At the 52-week low	$4.54	8.29%

Dividend yield against peers

Pangaea Logistics Solutions Ltd. ranks 2 of 6 by dividend yield among these companies; 1 yields more.

Company	Yield	P/E	Price
Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK)	11.56%	30.22	$25.63
Pangaea Logistics Solutions Ltd. (PANL)	4.74%	11.24	$7.94
Diana Shipping inc. (DSX)	1.40%	5.88	$2.53
Costamare Bulkers Holdings Limited (CMDB)	0.00%	149.13	$19.97
EuroDry Ltd. (EDRY)	0.00%	16.67	$43.90
Globus Maritime Limited (GLBS)	0.00%	11.06	$2.98