Golden Ocean Group Limited (GOGL) Dividends

Golden Ocean Group Limited (GOGL): $9.43

-0.15 (-1.57%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Add GOGL to Watchlist
Sign Up

Industry: Shipping


Ranked

of 46

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
20.88%
GOGL Annual Dividend
$2.00
GOGL Payout Ratio

GOGL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$9.43$4.19 -54%

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. In the case of GOGL, the DDM model generated by StockNews estimates a return of negative 54% 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, Golden Ocean Group Ltd produces a dividend yield 21.98% -- which falls in the top 0.230000000000004%.
  • Beta is a measure of how volatile a stock is relative to the S&P 500; for GOGL, its beta is lower than 8.11% of stocks in the small-sized revenue class.

GOGL Dividend Chart


GOGL Dividend History

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...


GOGL Dividends vs. Peers

GOGL's dividend yield currently ranks #1 of 62 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 GOGL Golden Ocean Group Limited 22.60%
2 EGLE Eagle Bulk Shipping Inc. 19.99%
3 OSGB Overseas Shipholding Group Inc 14.04%
4 SBLK Star Bulk Carriers Corp. 13.37%
5 KNOP KNOT Offshore Partners LP Common Units representing Limited Partner Interests 12.34%
6 DSX Diana Shipping inc. common stock 9.50%
7 LPG Dorian LPG Ltd. 7.99%
8 SFL Ship Finance International Limited 7.19%
9 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
10 GSL Global Ship Lease Inc. Cl A 4.23%
11 GNK Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) 4.13%
12 NPNYY Nippon Yusen 4.04%
13 TRTN Triton International Ltd. 3.93%
14 CMRE Costamare Inc. 3.81%
15 PANL Pangaea Logistics Solutions Ltd. 3.55%
16 GLOG GasLog Ltd. Common Shares 3.45%
17 TNP Tsakos Energy Navigation Ltd Common Shares 3.00%
18 DAC Danaos Corporation 2.79%
19 STNG Scorpio Tankers Inc. Common Shares 2.78%
20 CPLP Capital Product Partners L.P. - common units representing limited partner interests 2.53%
21 NAT Nordic American Tankers Limited 2.15%
22 CAI CAI International, Inc. 2.14%
23 INSW International Seaways, Inc. 1.60%
24 NNA Navios Maritime Acquisition Corporation Common stock 1.44%
25 DHT DHT Holdings, Inc. 1.43%
26 MATX Matson, Inc. 1.43%
27 AMKBY A.P. Møller - Mærsk A/S 1.17%
28 SALT Scorpio Bulkers Inc. 1.00%
29 EURN Euronav NV Ordinary Shares 0.86%
30 GLOP GasLog Partners LP Common Units representing limited partnership interests 0.83%
31 NMM Navios Maritime Partners L.P. 0.76%
32 NM Navios Maritime Holdings Inc. 0.00%
33 ZIM ZIM Integrated Shipping Services Ltd. 0.00%
34 SB Safe Bulkers Inc. 0.00%
35 EDRY EuroDry Ltd. 0.00%
36 DLNG Dynagas LNG Partners LP Common Units 0.00%
37 TGH Textainer Group Holdings Ltd. 0.00%
38 TK Teekay Corporation 0.00%
39 GASS StealthGas, Inc. - common stock 0.00%
40 SHIP Seanergy Maritime Holdings Corp 0.00%
41 OSG Overseas Shipholding Group, Inc. 0.00%
42 TOPS TOP Ships Inc. 0.00%
43 KEX Kirby Corporation 0.00%
44 TNK Teekay Tankers Ltd. 0.00%
45 CRU Crude Carriers Corporation 0.00%
46 SINO Sino-Global Shipping America, Ltd. 0.00%
47 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
48 FRO Frontline Ltd. Ordinary Shares 0.00%
49 GLBS Globus Maritime Limited 0.00%
50 DSS Document Security Systems, Inc. 0.00%
51 NVGS Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) 0.00%
52 GLNG Golar LNG Limited 0.00%
53 ESEA Euroseas Ltd. 0.00%
54 NMCI Navios Maritime Containers L.P. 0.00%
55 TRMD TORM plc 0.00%
56 ASC Ardmore Shipping Corporation 0.00%
57 GNRT Gener8 Maritime, Inc. 0.00%
58 PXS Pyxis Tankers Inc. 0.00%
59 DRYS DryShips Inc. 0.00%
60 PSHG Performance Shipping Inc 0.00%
61 CTRM Castor Maritime Inc. 0.00%
62 MSLOY Mitsui O.S.K. Lines, Ltd. 0.00%

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!




Page generated in 0.9292 seconds.