Pangaea Logistics Solutions Ltd. 8-K

What Happened
Pangaea Logistics Solutions Ltd. (PANL) announced that its Board of Directors declared a quarterly cash dividend of $0.05 per common share. The dividend is payable on March 13, 2026 to shareholders of record as of February 27, 2026. The company filed a press release about the dividend as Exhibit 99.1 to its Form 8-K dated February 17, 2026.

Key Details

• Dividend amount: $0.05 per common share.
• Record date: February 27, 2026.
• Payment date: March 13, 2026.
• The press release is included as Exhibit 99.1 to the Form 8-K; the filing notes the information is being furnished (not "filed") under the Exchange Act.

Why It Matters
A declared cash dividend provides a direct cash return to shareholders and sets the eligibility window (record and payment dates) investors must meet to receive the payment. Retail investors tracking income or dividend history for PANL should note the $0.05 amount and the February 27 record date. The Form 8-K does not provide additional commentary on funding or changes to operations.