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Stock impact report

Here's What We Like About Pangaea Logistics Solutions' (NASDAQ:PANL) Upcoming Dividend [Yahoo! Finance]

Pangaea Logistics Solutions Ltd. (PANL) 
Last pangaea logistics solutions ltd. earnings: 3/23 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pangaeals.com/investors
Company Research Source: Yahoo! Finance
Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Accordingly, Pangaea Logistics Solutions investors that purchase the stock on or after the 29th of February will not receive the dividend, which will be paid on the 15th of March. The company's upcoming dividend is US$0.10 a share, following on from the last 12 months, when the company distributed a total of US$0.40 per share to shareholders. Based on the last year's worth of payments, Pangaea Logistics Solutions stock has a trailing yield of around 4.7% on the current share price of US$8.59. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose Show less Read more
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