Golden Ocean Group Limited (GOGL) Dividends

Golden Ocean Group Limited (GOGL)

Today's Latest Price: $3.69 USD

0.06 (-1.60%)

Updated Oct 23 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 46 in Shipping

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • GOGL's free cash flow has been growing at a compound average annual rate of 441.7% over the past 5 years -- higher than 97.6% of current US-listed dividend stocks.
  • 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: RGS, NXST, NGL, DAN and GLOG.
GOGL Ex-Dividend Date
GOGL Dividend Yield
5.42%
GOGL Annual Dividend
$0.20
GOGL Payout Ratio

GOGL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$3.69$6.89 96.96%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of GOGL, the DDM model generated by StockNews estimates a return of positive 96.96% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Golden Ocean Group Ltd are:

  • In comparison to other stocks in the Industrials sector, Golden Ocean Group Ltd offers a higher dividend yield than 93.09% of them.
  • Regarding its relative worth based on the dividend discount model, Golden Ocean Group Ltd's estimated return of 96.96% surpasses about 82.86% of dividend issuers we applied the dividend discount model to.
  • As other dividend issuers in the Industrials sector, GOGL's equity discount rate is less than 26.27% of those stocks.

GOGL Dividend Chart


GOGL Dividend History

Ex-Dividend Date Type Payout Amount Change
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GOGL Dividends vs. Peers

GOGL's dividend yield currently ranks #16 of 49 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 DHT DHT Holdings, Inc. 37.07%
2 FRO Frontline Ltd. Ordinary Shares 30.67%
3 NNA Navios Maritime Acquisition Corporation Common stock 27.97%
4 NAT Nordic American Tankers Limited 22.60%
5 KNOP KNOT Offshore Partners LP Common Units representing Limited Partner Interests 16.04%
6 EURN Euronav NV Ordinary Shares 14.86%
7 GLOP GasLog Partners LP Common Units representing limited partnership interests 14.08%
8 OSGB Overseas Shipholding Group Inc 14.04%
9 SFL Ship Finance International Limited 13.18%
10 TNP Tsakos Energy Navigation Ltd Common Shares 8.09%
11 GLOG GasLog Ltd. Common Shares 7.14%
12 CMRE Costamare Inc. $0.0001 par value 6.13%
13 CPLP Capital Product Partners L.P. - common units representing limited partner interests 5.86%
14 TRTN Triton International Limited Common Shares 5.52%
15 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
16 GOGL Golden Ocean Group Limited 4.90%
17 CAI CAI International, Inc. 3.62%
18 STNG Scorpio Tankers Inc. Common Shares 3.57%
19 NMM Navios Maritime Partners LP Common Limited Partner Interests 3.19%
20 MATX Matson, Inc. 2.25%
21 INSW International Seaways, Inc. 1.59%
22 ASC Ardmore Shipping Corporation 1.41%
23 SBLK Star Bulk Carriers Corp. 1.36%
24 SALT Scorpio Bulkers Inc. 1.30%
25 GNK Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) 1.03%
26 NM Navios Maritime Holdings Inc. 0.00%
27 SB Safe Bulkers, Inc ($0.001 par value) 0.00%
28 DLNG Dynagas LNG Partners LP Common Units 0.00%
29 TGH Textainer Group Holdings Limited Common Shares 0.00%
30 EGLE Eagle Bulk Shipping Inc. 0.00%
31 TK Teekay Corporation 0.00%
32 GASS StealthGas, Inc. - common stock 0.00%
33 DSX Diana Shipping inc. common stock 0.00%
34 SHIP Seanergy Maritime Holdings Corp 0.00%
35 OSG Overseas Shipholding Group, Inc. 0.00%
36 KEX Kirby Corporation 0.00%
37 TNK Teekay Tankers Ltd. 0.00%
38 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
39 GLBS Globus Maritime Limited 0.00%
40 DSS Document Security Systems, Inc. 0.00%
41 NVGS Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) 0.00%
42 GLNG Golar LNG Limited 0.00%
43 ESEA Euroseas Ltd. 0.00%
44 PANL Pangaea Logistics Solutions Ltd. 0.00%
45 LPG Dorian LPG Ltd. 0.00%
46 GNRT Gener8 Maritime, Inc. 0.00%
47 DAC Danaos Corporation 0.00%
48 DRYS DryShips Inc. 0.00%
49 GSL Global Ship Lease Inc New Class A Common Shares 0.00%

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