Pangaea Logistics Solutions Declares $0.05 Quarterly Dividend
Pangaea Logistics Solutions Ltd. declared a quarterly cash dividend of $0.05 per common share. The payment is scheduled for mid-March to shareholders of record in late February.
Pangaea Logistics Solutions Ltd. (NASDAQ: PANL) declared a quarterly cash dividend of $0.05 per common share, the company announced Monday. The Board of Directors approved the payment to shareholders of record as of February 27, 2026. Read more dividend announcements.
The dividend will be paid on March 13, 2026. The Newport, Rhode Island-based company provides seaborne dry bulk logistics and transportation services globally.
Dividend Details
| Amount | Record Date | Payment Date |
|---|---|---|
| $0.05 | February 27, 2026 | March 13, 2026 |
About the Company
Pangaea Logistics Solutions operates as a global provider of comprehensive maritime logistics solutions, specializing in dry bulk cargo transportation. The company services industrial customers requiring transportation of grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone.
The company's services span cargo loading and discharge, port and terminal operations, vessel chartering, voyage planning, and vessel technical management. Its common stock trades on the Nasdaq Stock Market under the ticker symbol PANL.