Golden Ocean Group Limited (GOGL) Dividends



Golden Ocean Group Limited (GOGL)

Today's Latest Price: $5.34 USD

0.16 (-2.91%)

Updated Jan 22 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 53 in Shipping

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • If you care about predictable cash flow, note that GOGL reports less variability in its free cash flow than merely 4.22% of the dividend stocks we're tracking.
  • As for stocks whose price is uncorrelated with GOGL's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: HRB, XEL, MUX, LNT and POWI.
GOGL Ex-Dividend Date
GOGL Dividend Yield
0.94%
GOGL Annual Dividend
$0.05
GOGL Payout Ratio

GOGL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$5.34$6.89 48.44%

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 dividend discount model StockNews created for the company implies a positive return of 48.44%. To help understand and contextualize the model's evaluation of GOGL, investors may wish to consider are:

  • Given its market cap of around 668 million US dollars, this puts the stock in the small-sized market cap class, and its dividend yield is greater than merely 12.77% of dividend yielding stocks in the same market cap class.
  • Regarding its relative worth based on the dividend discount model, Golden Ocean Group Ltd's estimated return of 48.44% surpasses about 80.24% of dividend issuers we applied the dividend discount model to.
  • In comparison to its fellow dividend issuing stocks in the Industrials sector, GOGL's equity discount rate is less than 26.48% 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 #25 of 58 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 FRO Frontline Ltd. Ordinary Shares 32.36%
2 TRMD TORM plc 22.94%
3 EURN Euronav NV Ordinary Shares 17.59%
4 DHT DHT Holdings, Inc. 14.52%
5 OSGB Overseas Shipholding Group Inc 14.04%
6 KNOP KNOT Offshore Partners LP Common Units representing Limited Partner Interests 12.14%
7 SFL Ship Finance International Limited 8.96%
8 TNP Tsakos Energy Navigation Ltd Common Shares 5.62%
9 NAT Nordic American Tankers Limited 5.57%
10 NNA Navios Maritime Acquisition Corporation Common stock 5.45%
11 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
12 TRTN Triton International Limited Common Shares 4.64%
13 CMRE Costamare Inc. $0.0001 par value 4.54%
14 CPLP Capital Product Partners L.P. - common units representing limited partner interests 4.31%
15 GLOG GasLog Ltd. Common Shares 4.26%
16 STNG Scorpio Tankers Inc. Common Shares 3.31%
17 CAI CAI International, Inc. 2.86%
18 ASC Ardmore Shipping Corporation 1.49%
19 NMM Navios Maritime Partners LP Common Limited Partner Interests 1.42%
20 INSW International Seaways, Inc. 1.39%
21 MATX Matson, Inc. 1.36%
22 NPNYY Nippon Yusen 1.19%
23 SALT Scorpio Bulkers Inc. 1.13%
24 GLOP GasLog Partners LP Common Units representing limited partnership interests 1.12%
25 GOGL Golden Ocean Group Limited 0.94%
26 GNK Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) 0.92%
27 SBLK Star Bulk Carriers Corp. 0.44%
28 NM Navios Maritime Holdings Inc. 0.00%
29 SB Safe Bulkers, Inc ($0.001 par value) 0.00%
30 EDRY EuroDry Ltd. 0.00%
31 DLNG Dynagas LNG Partners LP Common Units 0.00%
32 TGH Textainer Group Holdings Limited Common Shares 0.00%
33 EGLE Eagle Bulk Shipping Inc. 0.00%
34 TK Teekay Corporation 0.00%
35 GASS StealthGas, Inc. - common stock 0.00%
36 DSX Diana Shipping inc. common stock 0.00%
37 SHIP Seanergy Maritime Holdings Corp 0.00%
38 OSG Overseas Shipholding Group, Inc. 0.00%
39 TOPS TOP Ships Inc. 0.00%
40 KEX Kirby Corporation 0.00%
41 TNK Teekay Tankers Ltd. 0.00%
42 SINO Sino-Global Shipping America, Ltd. 0.00%
43 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
44 GLBS Globus Maritime Limited 0.00%
45 DSS Document Security Systems, Inc. 0.00%
46 NVGS Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) 0.00%
47 GLNG Golar LNG Limited 0.00%
48 ESEA Euroseas Ltd. 0.00%
49 NMCI Navios Maritime Containers L.P. 0.00%
50 PANL Pangaea Logistics Solutions Ltd. 0.00%
51 LPG Dorian LPG Ltd. 0.00%
52 GNRT Gener8 Maritime, Inc. 0.00%
53 DAC Danaos Corporation 0.00%
54 DRYS DryShips Inc. 0.00%
55 GSL Global Ship Lease Inc New Class A Common Shares 0.00%
56 MSLOY Mitsui O.S.K. Lines, Ltd. 0.00%
57 CRU Crude Carriers Corporation 0.00%
58 PSHG Performance Shipping Inc 0.00%

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