Pangaea Logistics Solutions Declares $0.05 Quarterly Dividend, Payable March 13, 2026

Dividend notice from Newport-based dry bulk operator

Pangaea Logistics Solutions Ltd. announces a quarterly cash dividend of $0.05 per common share, payable on March 13, 2026, to shareholders of record as of Feb. 27, 2026. The company issues the notice from its Newport, Rhode Island, headquarters in a Feb. 17 release filed through PR Newswire, reaffirming its use of regular cash payouts as a component of capital allocation.

Board action and capital-return practice

Pangaea’s board declares the dividend as part of an ongoing quarterly cash-return programme that the company is maintaining for the fiscal period. The declaration follows routine board-level governance and is presented alongside other corporate communications and director appointments, underlining regular oversight of capital distribution and governance. The company frames the dividend as a clear, scheduled method to return cash to shareholders rather than an ad hoc special distribution.

The announcement also serves a governance transparency function, providing precise timing and record details to ensure clarity for stakeholders. By coupling the dividend notice with public filing through PR Newswire, Pangaea continues its practice of structured investor engagement and regulatory disclosure. The company’s communication emphasizes predictability in capital allocation while signalling steady board attention to shareholder returns within its broader corporate governance agenda.

Operational context for the dividend decision

Pangaea positions the dividend within the context of its operational role as a seaborne dry bulk logistics provider. The company and its subsidiaries operate across shipboard and shore-based terminal functions, offering cargo loading and discharge, port and terminal operations, vessel chartering, voyage planning and technical management. Management links capital distribution policies to the firm’s ability to coordinate logistics across international trade lanes and to deploy fleet and terminal assets in support of bulk commodity supply chains.

Fleet and cargo profile

Pangaea serves a broad industrial customer base transporting grains, coal, iron ore, pig iron, hot briquetted iron (HBI), bauxite, alumina, cement clinker, dolomite and limestone. The company highlights its role in facilitating movement of these commodities through chartering and terminal stevedoring services.

Investor contacts and disclosure channels

The release lists Gianni Del Signore, Chief Financial Officer, and Stefan C. Neely of Vallum Advisors as investor contacts, and provides a contact number, 401-846-7790, plus emails [email protected] and [email protected]. Further corporate information is available at www.pangaeals.com.