Golden Ocean Group Limited (GOGL) Dividends

Golden Ocean Group Limited (GOGL): $8.71

0.09 (+1.04%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Shipping

Industry

A

Ranked

#25 of 34

in industry

Dividend Yield and Dividend History Highlights

  • As for its free cash flow/dividend ratio, GOGL's comes in at -16.1 -- better than 9.4% of other US-listed dividend issuers.
  • GOGL has an EBITDA to net debt ratio of 0.02; for context, that's better than 8.22% stocks in our set.
  • If price volatilty is something you're paying attention to when building your dividend portfolio, know that GOGL has less fluctuation in its price than 4.99% of stocks we're observing.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with GOGL that may be suitable potential portfolio mates: FTV, ATHM, CTXS, CALM and NVS.
GOGL Ex-Dividend Date
GOGL Dividend Yield
13.92%
GOGL Annual Dividend
$1.20
GOGL Payout Ratio

GOGL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$8.71$44.37 264.31%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Golden Ocean Group Ltd, the DDM model generated by StockNews estimates a return of positive 264.31% in comparison to its current price. To help understand and contextualize the model's evaluation of GOGL, investors may wish to consider are:

  • Compared to other US stocks that pay a dividend, GOGL offers a dividend yield in the top 0.170000000000002% of stocks in our set.
  • In comparison to other US listed dividend yielding stocks in the Industrials sector, Golden Ocean Group Ltd's expected return of 264.31% is higher than 95.22% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, GOGL has a discount rate lower than 95.22% of them (a lower discount rate is associated with lower risk).
  • Beta is a measure of volatility relative to the stock market at large; when evaluated against its peers in the small-sized revenue class, Golden Ocean Group Ltd has a beta lower than 5.16% of such peers.


GOGL Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-12-09Dividend$0.30--
2024-09-11Dividend$0.30--
2024-06-07Dividend$0.30--
2024-03-12Dividend$0.30+200.00%
2023-12-05Dividend$0.10--
2023-09-08Dividend$0.10--
2023-05-25Dividend$0.10-50.00%
2023-02-27Dividend$0.20-42.86%
2022-11-25Dividend$0.35-41.67%
2022-09-06Dividend$0.60+20.00%
2022-05-31Dividend$0.50-44.44%
2022-03-02Dividend$0.90+5.88%
2021-12-08Dividend$0.85+70.00%
2021-09-09Dividend$0.50+100.00%
2021-06-02Dividend$0.25+400.00%
2020-03-05Dividend$0.05-66.67%
2019-12-02Dividend$0.15+50.00%
2019-08-29Dividend$0.10+300.00%
2019-06-05Dividend$0.03-50.00%
2019-03-06Dividend$0.05-66.67%
2018-12-06Dividend$0.15+50.00%
2018-09-05Dividend$0.10--
2018-06-13Dividend$0.10--
2018-03-02Dividend$0.10+100.00%
2016-08-01Split1-5-for-1 Stock SplitN/A
2014-12-01Dividend$0.05-75.00%
2014-08-26Dividend$0.20--
2014-05-20Dividend$0.20+14.29%
2014-02-14Dividend$0.18--
2013-11-26Dividend$0.18--
2013-08-26Dividend$0.18--
2013-05-20Dividend$0.18--
2013-02-15Dividend$0.18--
2012-11-26Dividend$0.18--
2012-08-28Dividend$0.18-50.00%
2012-05-21Dividend$0.35-30.00%
2012-02-21Dividend$0.50--
2011-11-16Dividend$0.50--
2011-08-29Dividend$0.50--
2011-05-23Dividend$0.50--
2011-02-15Dividend$0.50--
2010-11-17Dividend$0.50--
2010-08-20Dividend$0.50+25.00%
2010-05-19Dividend$0.40+33.33%
2010-02-17Dividend$0.30+20.00%
2009-02-13Dividend$0.25-50.00%
2008-11-13Dividend$0.50-33.33%
2008-08-20Dividend$0.75--
2008-05-22Dividend$0.75--
2008-02-22Dividend$0.75+50.00%
2007-11-21Dividend$0.50-16.67%
2007-08-22Dividend$0.60--
2007-05-23Dividend$0.60-25.00%
2007-02-22Dividend$0.80-20.00%
2006-11-22Dividend$1.00+25.00%
2006-08-23Dividend$0.80-20.00%
2006-05-24Dividend$1.00+25.00%
2006-02-21Dividend$0.80+60.00%
2005-11-17Dividend$0.50-37.50%
2005-08-24Dividend$0.80-46.67%
2005-05-17Dividend$1.50-14.29%
2005-02-23Dividend$1.75+75.00%
2004-11-10Dividend$1.00+33.33%
2004-08-11Dividend$0.75-62.50%
2004-05-20Dividend$2.00+150.00%
2004-01-23Dividend$0.80+77.78%
2003-10-23Dividend$0.45-30.77%
2003-07-23Dividend$0.65-45.38%
2003-04-23Dividend$1.19+164.44%
2003-01-23Dividend$0.45--
2002-07-23Dividend$0.45--
2002-04-25Dividend$0.45-2.17%
2002-01-23Dividend$0.46+2.22%
2001-10-23Dividend$0.45-37.50%
2001-07-24Dividend$0.72-48.20%
2001-04-25Dividend$1.39-17.26%
2001-01-24Dividend$1.68+43.59%
2000-10-24Dividend$1.17+91.80%
2000-07-20Dividend$0.61+38.64%
2000-04-25Dividend$0.44--
2000-01-26Dividend$0.44-2.22%
1999-10-22Dividend$0.45--
1999-07-23Dividend$0.45--
1999-04-22Dividend$0.45--
1999-01-25Dividend$0.45-12.62%
1999-01-22Dividend$0.52-2.83%
1998-10-22Dividend$0.53-15.87%
1998-07-23Dividend$0.63+40.00%
1998-04-23Dividend$0.45-40.00%
1998-01-22Dividend$0.75+17.19%
1997-10-23Dividend$0.64+42.22%
1997-07-29Dividend$0.45+164.71%
1997-04-23Dividend$0.17--


GOGL Dividends vs. Peers

GOGL's dividend yield currently ranks #41 of 64 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 SALT Scorpio Bulkers Inc. 0.00%
2 NM Navios Maritime Holdings Inc. 0.00%
3 SBLK Star Bulk Carriers Corp. 0.00%
4 ZIM ZIM Integrated Shipping Services Ltd. 0.00%
5 OP OceanPal Inc. 0.00%
6 OSGB Overseas Shipholding Group Inc 0.00%
7 SB Safe Bulkers Inc. 0.00%
8 EDRY EuroDry Ltd. 0.00%
9 DLNG Dynagas LNG Partners LP 0.00%
10 NMM Navios Maritime Partners L.P. 0.00%
11 NNA Navios Maritime Acquisition Corporation Common stock 0.00%
12 TGH Textainer Group Holdings Ltd. 0.00%
13 EGLE Eagle Bulk Shipping Inc. 0.00%
14 BWLP BW LPG Limited 0.00%
15 HAFN Hafnia Ltd. 0.00%
16 TK Teekay Corporation 0.00%
17 GASS StealthGas, Inc. - common stock 0.00%
18 SFL Ship Finance International Limited 0.00%
19 DSX Diana Shipping inc. common stock 0.00%
20 SHIP Seanergy Maritime Holdings Corp 0.00%
21 AMKBY A.P. Moeller-Maersk A/S ADR 0.00%
22 OSG Overseas Shipholding Group, Inc. 0.00%
23 CPLP Capital Product Partners L.P. 0.00%
24 MSLOY Mitsui O.S.K. Lines, Ltd. 0.00%
25 TOPS TOP Ships Inc. 0.00%
26 INSW International Seaways, Inc. 0.00%
27 KEX Kirby Corporation 0.00%
28 TNK Teekay Tankers Ltd. 0.00%
29 TNP Tsakos Energy Navigation Ltd Common Shares 0.00%
30 CMRE Costamare Inc. 0.00%
31 CRU Crude Carriers Corporation 0.00%
32 SINO Sino-Global Shipping America, Ltd. 0.00%
33 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
34 GLBS Globus Maritime Limited 0.00%
35 DSS Document Security Systems, Inc. 0.00%
36 NVGS Navigator Holdings Ltd. 0.00%
37 GLNG Golar LNG Limited 0.00%
38 ESEA Euroseas Ltd. 0.00%
39 NMCI Navios Maritime Containers L.P. 0.00%
40 KNOP Knot Offshore Partners LP 0.00%
41 GOGL Golden Ocean Group Limited 0.00%
42 TRTN Triton International Ltd. 0.00%
43 TRMD TORM plc 0.00%
44 NPNYY Nippon Yusen 0.00%
45 SSW Seaspan Corporation Seaspan Corporation Common Shares 0.00%
46 ASC Ardmore Shipping Corporation 0.00%
47 CAI CAI International, Inc. 0.00%
48 PANL Pangaea Logistics Solutions Ltd. 0.00%
49 GNK Genco Shipping & Trading Ltd. 0.00%
50 GLOG GasLog Ltd. Common Shares 0.00%
51 GLOP GasLog Partners LP Common Units representing limited partnership interests 0.00%
52 LPG Dorian LPG Ltd. 0.00%
53 NAT Nordic American Tankers Limited 0.00%
54 GNRT Gener8 Maritime, Inc. 0.00%
55 DAC Danaos Corporation 0.00%
56 PXS Pyxis Tankers Inc. 0.00%
57 GRIN Grindrod Shipping Holdings Ltd. 0.00%
58 SFWL Shengfeng Development Ltd. 0.00%
59 HSHP Himalaya Shipping Ltd. 0.00%
60 MATX Matson, Inc. 0.00%
61 DRYS DryShips Inc. 0.00%
62 PSHG Performance Shipping Inc 0.00%
63 CTRM Castor Maritime Inc. 0.00%
64 GSL Global Ship Lease Inc. Cl A 0.00%

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