Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.97%.
YIELD ON COST (YOC)
2.97%
PANL now pays $0.25 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-10-06) | $2.54 | 9.84% |
| 5 years ago(2021-10-04) | $5.00 | 5.00% |
| 3 years ago(2023-10-05) | $5.96 | 4.19% |
| 1 year ago(2025-10-03) | $5.09 | 4.91% |
| Buying today(at $8.42) | $8.42 | 2.97% |
Projection: starting from today's 2.97% yield, assuming the dividend keeps compounding at 18.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.97%
In 3 years
4.99%
In 5 years
7.06%
In 10 years
16.79%
Try your own purchase price, dividend and growth rate for Pangaea Logistics Solutions, Ltd. (PANL).
Starting Yield
2.97%
Ending YOC
25.94%
Year 15 Dividend
$2.19
Cum. Dividends Recd.
$14.38
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.25 | N/A | 2.97% | $0.00 |
| Year 1 | $0.29 | +15.55% | 3.43% | $0.29 |
| Year 2 | $0.33 | +15.55% | 3.96% | $0.62 |
| Year 3 | $0.39 | +15.55% | 4.58% | $1.01 |
| Year 4 | $0.45 | +15.55% | 5.29% | $1.45 |
| Year 5 | $0.51 | +15.55% | 6.11% | $1.97 |
| Year 6 | $0.60 | +15.55% | 7.07% | $2.56 |
| Year 7 | $0.69 | +15.55% | 8.16% | $3.25 |
| Year 8 | $0.79 | +15.55% | 9.43% | $4.05 |
| Year 9 | $0.92 | +15.55% | 10.90% | $4.96 |
| Year 10 | $1.06 | +15.55% | 12.59% | $6.03 |
| Year 11 | $1.23 | +15.55% | 14.55% | $7.25 |
| Year 12 | $1.42 | +15.55% | 16.82% | $8.67 |
| Year 13 | $1.64 | +15.55% | 19.43% | $10.30 |
| Year 14 | $1.89 | +15.55% | 22.45% | $12.19 |
| Year 15 | $2.19 | +15.55% | 25.94% | $14.38 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
