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: |
| $7.45 | $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 |
|---|---|---|---|
| 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% |
| 2019-03-06 | Dividend | $0.05 | -66.67% |
| 2018-12-06 | Dividend | $0.15 | +50.00% |
| 2018-09-05 | Dividend | $0.10 | -- |
| 2018-06-13 | Dividend | $0.10 | -- |
| 2018-03-02 | Dividend | $0.10 | +100.00% |
| 2016-08-01 | Split | 1-5-for-1 Stock Split | N/A |
| 2014-12-01 | Dividend | $0.05 | -75.00% |
| 2014-08-26 | Dividend | $0.20 | -- |
| 2014-05-20 | Dividend | $0.20 | +14.29% |
| 2014-02-14 | Dividend | $0.18 | -- |
| 2013-11-26 | Dividend | $0.18 | -- |
| 2013-08-26 | Dividend | $0.18 | -- |
| 2013-05-20 | Dividend | $0.18 | -- |
| 2013-02-15 | Dividend | $0.18 | -- |
| 2012-11-26 | Dividend | $0.18 | -- |
| 2012-08-28 | Dividend | $0.18 | -50.00% |
| 2012-05-21 | Dividend | $0.35 | -30.00% |
| 2012-02-21 | Dividend | $0.50 | -- |
| 2011-11-16 | Dividend | $0.50 | -- |
| 2011-08-29 | Dividend | $0.50 | -- |
| 2011-05-23 | Dividend | $0.50 | -- |
| 2011-02-15 | Dividend | $0.50 | -- |
| 2010-11-17 | Dividend | $0.50 | -- |
| 2010-08-20 | Dividend | $0.50 | +25.00% |
| 2010-05-19 | Dividend | $0.40 | +33.33% |
| 2010-02-17 | Dividend | $0.30 | +20.00% |
| 2009-02-13 | Dividend | $0.25 | -50.00% |
| 2008-11-13 | Dividend | $0.50 | -33.33% |
| 2008-08-20 | Dividend | $0.75 | -- |
| 2008-05-22 | Dividend | $0.75 | -- |
| 2008-02-22 | Dividend | $0.75 | +50.00% |
| 2007-11-21 | Dividend | $0.50 | -16.67% |
| 2007-08-22 | Dividend | $0.60 | -- |
| 2007-05-23 | Dividend | $0.60 | -25.00% |
| 2007-02-22 | Dividend | $0.80 | -20.00% |
| 2006-11-22 | Dividend | $1.00 | +25.00% |
| 2006-08-23 | Dividend | $0.80 | -20.00% |
| 2006-05-24 | Dividend | $1.00 | +25.00% |
| 2006-02-21 | Dividend | $0.80 | +60.00% |
| 2005-11-17 | Dividend | $0.50 | -37.50% |
| 2005-08-24 | Dividend | $0.80 | -46.67% |
| 2005-05-17 | Dividend | $1.50 | -14.29% |
| 2005-02-23 | Dividend | $1.75 | +75.00% |
| 2004-11-10 | Dividend | $1.00 | +33.33% |
| 2004-08-11 | Dividend | $0.75 | -62.50% |
| 2004-05-20 | Dividend | $2.00 | +150.00% |
| 2004-01-23 | Dividend | $0.80 | +77.78% |
| 2003-10-23 | Dividend | $0.45 | -30.77% |
| 2003-07-23 | Dividend | $0.65 | -45.38% |
| 2003-04-23 | Dividend | $1.19 | +164.44% |
| 2003-01-23 | Dividend | $0.45 | -- |
| 2002-07-23 | Dividend | $0.45 | -- |
| 2002-04-25 | Dividend | $0.45 | -2.17% |
| 2002-01-23 | Dividend | $0.46 | +2.22% |
| 2001-10-23 | Dividend | $0.45 | -37.50% |
| 2001-07-24 | Dividend | $0.72 | -48.20% |
| 2001-04-25 | Dividend | $1.39 | -17.26% |
| 2001-01-24 | Dividend | $1.68 | +43.59% |
| 2000-10-24 | Dividend | $1.17 | +91.80% |
| 2000-07-20 | Dividend | $0.61 | +38.64% |
| 2000-04-25 | Dividend | $0.44 | -- |
| 2000-01-26 | Dividend | $0.44 | -2.22% |
| 1999-10-22 | Dividend | $0.45 | -- |
| 1999-07-23 | Dividend | $0.45 | -- |
| 1999-04-22 | Dividend | $0.45 | -- |
| 1999-01-25 | Dividend | $0.45 | -12.62% |
| 1999-01-22 | Dividend | $0.52 | -2.83% |
| 1998-10-22 | Dividend | $0.53 | -15.87% |
| 1998-07-23 | Dividend | $0.63 | +40.00% |
| 1998-04-23 | Dividend | $0.45 | -40.00% |
| 1998-01-22 | Dividend | $0.75 | +17.19% |
| 1997-10-23 | Dividend | $0.64 | +42.22% |
| 1997-07-29 | Dividend | $0.45 | +164.71% |
| 1997-04-23 | Dividend | $0.17 | -- |
GOGL Dividends vs. Peers
GOGL's dividend yield currently ranks #39 of 62 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