Pangaea Logistics Solutions Ltd. (PANL) Dividend Coverage Ratio (2014 - 2026)
Pangaea Logistics Solutions' (PANL) Dividend Coverage Ratio came in at 3.17 for Q2 2026, compared with -0.86 a year earlier and down 6.9% from the prior quarter.
Pangaea Logistics Solutions Ltd. (PANL) Dividend Coverage Ratio (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at Pangaea Logistics Solutions was 2.03, up 344.6% year-over-year; for FY2025, it came in at 1.19, down 23.1% from FY2024.
- In prior years, Pangaea Logistics Solutions' Dividend Coverage Ratio was 1.54 in FY2024 (+6.2%), 1.45 in FY2023 (-75.5%), 5.93 in FY2022 (-51.2%) and 12.15 in FY2021 (-42.7%).
- Quarterly Dividend Coverage Ratio has run from a low of -0.86 in Q2 2025 to a high of 17.57 in Q3 2021 over five years.
- On a year-over-year basis, Dividend Coverage Ratio increased in two of the last four quarters, with growth averaging 160.6%.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q4 2024, with growth of 621.7%; the weakest was Q4 2021, with a decline of 99.7%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was 3.41 (Q1 2026), 3.74 (Q4 2025) and 0.93 (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.17 |
| Mar 31, 2026 | 3.41 |
| Dec 31, 2025 | 3.74 |
| Sep 30, 2025 | 0.93 |
| Jun 30, 2025 | -0.86 |
| Mar 31, 2025 | -0.30 |
| Dec 31, 2024 | 1.77 |
| Sep 30, 2024 | 1.13 |
| Jun 30, 2024 | 0.81 |
| Mar 31, 2024 | 2.40 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 4.21 |
| Jun 30, 2023 | 0.63 |
| Mar 31, 2023 | 0.75 |
| Dec 31, 2022 | 3.48 |
| Sep 30, 2022 | 5.60 |
| Jun 30, 2022 | 7.55 |
| Mar 31, 2022 | 8.72 |
| Dec 31, 2021 | 9.85 |
| Sep 30, 2021 | 17.57 |
Pangaea Logistics Solutions Ltd. Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PANL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "PANL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PANL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();