PANL Stock — Pangaea Logistic

Pangaea Logistic (PANL)

Updated October 16, 2026.

PANL is a Stock. its distribution rate is 5.26%, its trailing-12-month yield is 3.29%. Dividend Vision Distribution Safety Score™ is 59/100 (Caution). Total return is 8.1% over the past 12.8 years, 415.1 points behind SPY at 423.2%.

Pangaea Logistics Solutions provides seaborne dry bulk logistics and transportation services globally, operating a fleet of vessels that transport commodities such as grains, coal, and iron ore, while also offering terminal operations and vessel management services. The company distributes a modest current yield paid quarterly. This business appeals to income investors seeking exposure to shipping and logistics operations.

PANL performance versus SPY

Price and return data through 2026-10-16.

Total return is 8.1% over the past 12.8 years, 415.1 points behind SPY at 423.2%. Over the past year its total return — price change plus distributions reinvested — is 59.6%. Its deepest 1-year drawdown was 30.0%.

PANL key facts

Distribution Safety Score™

59 · Caution

Safety-Adjusted Yield

3.10%

Asset type

Stock

Asset class

Equity

Inception date

12/19/2013

Distribution rate

5.26%

Distribution frequency

Quarterly

Trailing yield

3.29%

5-year average yield

4.35

Last close

$7.61 (as of 2026-10-16)

Market cap

$498,255,405

Average volume

488531.0

Dividend

$0.10

Ex-dividend date

09/01/2026

Payment date

09/15/2026

Beta

0.778

Payout ratio

35.7%

P/E ratio

10.42

Forward P/E

8.2102

EPS

$0.73

How Dividend Vision calculates yield and returns

Distribution rate (5.26%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.29%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PANL risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 30.0%.

Who may consider PANL — and who may not

PANL may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (PANL pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PANL

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Tagged: Industrials, Dividend.

Frequently asked questions