Golden Ocean Group Dividends and Buybacks
Dividend criteria checks 2/6
Golden Ocean Group is a dividend paying company with a current yield of 5.39%.
Key information
5.4%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | 13.5% |
| Dividend Growth | 15.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 0.600 |
| Payout ratio | 93% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0RII's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0RII's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Golden Ocean Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0RII) | 5.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Shipping) | 6.1% |
| Analyst forecast (0RII) (up to 3 years) | 13.5% |
Notable Dividend: 0RII's dividend (5.39%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: 0RII's dividend (5.39%) is low compared to the top 25% of dividend payers in the UK market (5.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93.3%), 0RII's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.1%), 0RII's dividend payments are covered by cash flows.