Pangaea Logistics Solutions PANL
NASDAQ PANL
$8.31 -0.24 (-2.81%)
As of: Sep 8, 2026 · 3:59 PM EDT

Pangaea Logistics Solutions (PANL) Dividend Coverage Ratio (2014 - 2026)

Pangaea Logistics Solutions' (PANL) quarterly Dividend Coverage Ratio came in at 6.89 in Q2 2026, up 440.25% year-over-year from 1.28 in Q2 2025, and up 114.65% quarter-over-quarter from 3.21 in Q1 2026.

Analysis

Pangaea Logistics Solutions (PANL) Dividend Coverage Ratio (2014 - 2026) Analysis & Trends

Pangaea Logistics Solutions has disclosed Dividend Coverage Ratio across 13 years of filings, most recently posting 6.89 for Q2 2026.

  • In Q2 2026, Dividend Coverage Ratio rose 440.25% year-over-year to 6.89; the TTM figure through Jun 2026 stood at 2.99 (up 67.44% YoY), while the FY2025 annual figure was 1.14, down 30.43% from the prior year.
  • Dividend Coverage Ratio came in at 6.89 for Q2 2026 at Pangaea Logistics Solutions, up from 3.21 in the prior quarter.
  • In the past five years, Dividend Coverage Ratio ranged from a high of 9.8 in Q2 2022 to a low of 0.43 in Q4 2023.
  • Average Dividend Coverage Ratio over 5 years is 3.24, with a median of 2.76 recorded in 2024.
  • Year-over-year, Dividend Coverage Ratio slumped 89.48% in 2023 and soared 552.0% in 2026.
  • Over 5 years, Dividend Coverage Ratio stood at 3.09 in 2022, then plunged by 85.93% to 0.43 in 2023, then surged by 409.28% to 2.21 in 2024, then soared by 154.03% to 5.62 in 2025, then climbed by 22.68% to 6.89 in 2026.
  • Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 6.89 in Q2 2026, 3.21 in Q1 2026, and 5.62 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - 1.91
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn -
3 Matson 6.76 Bn 6.64 Bn - 11.76
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 1.31
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 1.95
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn -
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 19.94
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn -
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 0.97
10 Pangaea Logistics Solutions 535.14 Mn 429.46 Mn - 6.89
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.89
Mar 31, 2026 3.21
Dec 31, 2025 5.62
Sep 30, 2025 1.32
Jun 30, 2025 1.28
Mar 31, 2025 0.49
Dec 31, 2024 2.21
Sep 30, 2024 3.38
Jun 30, 2024 1.77
Mar 31, 2024 2.44
Dec 31, 2023 0.43
Sep 30, 2023 3.48
Jun 30, 2023 1.03
Mar 31, 2023 0.65
Dec 31, 2022 3.09
Sep 30, 2022 7.88
Jun 30, 2022 9.80
Mar 31, 2022 3.30
Dec 31, 2021 17.83
Sep 30, 2021 15.04