Pangaea Logistics Solutions Ltd. Announces Quarterly Cash Dividend
Pangaea Logistics Solutions (NASDAQ: PANL), a global maritime logistics solutions provider, has announced a quarterly cash dividend of $0.10 per common share. The dividend will be paid on March 14, 2025 to shareholders of record as of February 28, 2025. This announcement comes from the company's Board of Directors as part of their regular dividend distribution program.
Pangaea Logistics Solutions (NASDAQ: PANL), un fornitore globale di soluzioni logistiche marittime, ha annunciato un dividendo in contante trimestrale di $0,10 per azione ordinaria. Il dividendo sarà pagato il 14 marzo 2025 agli azionisti registrati al 28 febbraio 2025. Questo annuncio proviene dal Consiglio di Amministrazione dell'azienda come parte del loro programma regolare di distribuzione dei dividendi.
Pangaea Logistics Solutions (NASDAQ: PANL), un proveedor global de soluciones logísticas marítimas, ha anunciado un dividendo en efectivo trimestral de $0.10 por acción ordinaria. El dividendo se pagará el 14 de marzo de 2025 a los accionistas registrados hasta el 28 de febrero de 2025. Este anuncio proviene de la Junta Directiva de la empresa como parte de su programa regular de distribución de dividendos.
판게아 물류 솔루션 (NASDAQ: PANL), 글로벌 해양 물류 솔루션 제공업체가 분기 현금 배당금으로 보통주 1주당 $0.10을 발표했습니다. 배당금은 2025년 3월 14일에 2025년 2월 28일 기준 주주에게 지급될 예정입니다. 이 발표는 회사의 이사회에서 정기 배당금 분배 프로그램의 일환으로 이루어졌습니다.
Pangaea Logistics Solutions (NASDAQ: PANL), un fournisseur mondial de solutions logistiques maritimes, a annoncé un dividende en espèces trimestriel de 0,10 $ par action ordinaire. Le dividende sera versé le 14 mars 2025 aux actionnaires inscrits au 28 février 2025. Cette annonce provient du conseil d'administration de l'entreprise dans le cadre de leur programme régulier de distribution de dividendes.
Pangaea Logistics Solutions (NASDAQ: PANL), ein globaler Anbieter von maritimen Logistiklösungen, hat eine vierteljährliche Bardividende von $0,10 pro Stammaktie angekündigt. Die Dividende wird am 14. März 2025 an die zum 28. Februar 2025 eingetragenen Aktionäre ausgezahlt. Diese Ankündigung stammt vom Vorstand des Unternehmens im Rahmen ihres regulären Dividendenverteilungsprogramms.
- Maintaining consistent quarterly dividend payments, indicating financial stability
- $0.10 per share dividend provides direct return to shareholders
- None.
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 | |
FORWARD-LOOKING STATEMENT
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. These forward-looking statements are based on our current expectations and beliefs and are subject to a number of risk factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The Company disclaims any obligation to publicly update or revise these statements whether as a result of new information, future events or otherwise, except as required by law. Such risks and uncertainties include, without limitation, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, our ability to successfully integrate the 15 SSI vessels into our operating fleet, our ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors, as well as other risks that have been included in filings with the Securities and Exchange Commission, all of which are available at www.sec.gov.
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SOURCE Pangaea Logistics Solutions LTD
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