Pangaea Logistics Solutions Ltd. Announces Quarterly Cash Dividend

Rhea-AI Summary

Pangaea Logistics Solutions (NASDAQ: PANL) declared a quarterly cash dividend of $0.05 per common share, payable March 13, 2026 to shareholders of record as of February 27, 2026.

The dividend is a cash distribution to common shareholders and will be paid on the stated payment date to recorded holders.

Positive

• Quarterly dividend of $0.05 per common share declared
• Payment date set for March 13, 2026 with record date Feb 27, 2026

Negative

• Per-share dividend is only $0.05, likely a limited income impact

NEWPORT, R.I., Feb. 17, 2026 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, announced today that its Board of Directors has declared a quarterly cash dividend of $0.05 per common share to be paid on March 13, 2026 to all shareholders of record as of February 27, 2026.

ABOUT PANGAEA LOGISTICS SOLUTIONS

Pangaea Logistics Solutions Ltd. (NASDAQ: PANL) and its subsidiaries (collectively, "Pangaea" or the "Company") provides seaborne dry bulk logistics and transportation services as well as terminal and stevedoring services. Pangaea utilizes its logistics expertise to service a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone. The Company addresses the logistics needs of its customers by undertaking a comprehensive set of services and activities, including cargo loading, cargo discharge, port and terminal operations, vessel chartering, voyage planning, and vessel technical management. Learn more at www.pangaeals.com.

INVESTOR RELATIONS CONTACTS
Gianni Del Signore	Stefan C. Neely
Chief Financial Officer	Vallum Advisors
401-846-7790	PANL@val-adv.com
Investors@pangaeals.com

 

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SOURCE Pangaea Logistics Solutions LTD

FAQ

What dividend did Pangaea Logistics (PANL) declare for March 2026?

The company declared a $0.05 per share quarterly cash dividend. According to the company, the dividend is payable on March 13, 2026 to shareholders of record as of February 27, 2026.

When is the record date for Pangaea Logistics (PANL) dividend in 2026?

The record date is February 27, 2026. According to the company, shareholders on record that date will be eligible for the $0.05 per share dividend paid March 13, 2026.

How much will Pangaea Logistics (PANL) pay per share on March 13, 2026?

Pangaea will pay $0.05 per common share on March 13, 2026. According to the company, this is the declared quarterly cash dividend for holders of record February 27, 2026.

Who is eligible for Pangaea Logistics (PANL) March 2026 dividend?

Shareholders of record as of February 27, 2026 are eligible for the dividend. According to the company, eligible holders will receive the $0.05 per share cash payment on March 13, 2026.

What does PANL's $0.05 dividend mean for shareholders?

It represents a small cash return to common shareholders of $0.05 per share. According to the company, the payment will be distributed March 13, 2026 to holders of record February 27, 2026.