Golden Ocean Group Limited (GOGL) Dividends
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 Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $7.23 | $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
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Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2025-03-11 | Dividend | $0.15 | -50.00% |
| 2024-12-09 | Dividend | $0.30 | -- |
| 2024-09-11 | Dividend | $0.30 | -- |
| 2024-06-07 | Dividend | $0.30 | -- |
| 2024-03-12 | Dividend | $0.30 | +200.00% |
| 2023-12-05 | Dividend | $0.10 | -- |
| 2023-09-08 | Dividend | $0.10 | -- |
| 2023-05-25 | Dividend | $0.10 | -50.00% |
| 2023-02-27 | Dividend | $0.20 | -42.86% |
| 2022-11-25 | Dividend | $0.35 | -41.67% |
| 2022-09-06 | Dividend | $0.60 | +20.00% |
| 2022-05-31 | Dividend | $0.50 | -44.44% |
| 2022-03-02 | Dividend | $0.90 | +5.88% |
| 2021-12-08 | Dividend | $0.85 | +70.00% |
| 2021-09-09 | Dividend | $0.50 | +100.00% |
| 2021-06-02 | Dividend | $0.25 | +400.00% |
| 2020-03-05 | Dividend | $0.05 | -66.67% |
| 2019-12-02 | Dividend | $0.15 | +50.00% |
| 2019-08-29 | Dividend | $0.10 | +300.00% |
| 2019-06-05 | Dividend | $0.03 | -50.00% |
GOGL Dividends vs. Peers
GOGL's dividend yield currently ranks #41 of 64 vs. its peers in the Shipping category.
Looking for More Information on GOGL dividends?
Want to do more research on Golden Ocean Group Ltd's dividends? Try the links below:Golden Ocean Group Ltd Common Stock (GOGL) Dividend History | Nasdaq
Dividend History for Golden Ocean Group Ltd (GOGL) - Dividend Investor
Golden Ocean Group Ltd (GOGL) Dividend History - Seeking Alpha