Golden Ocean Group Limited

NasdaqGS:GOGL Stock Report

Market Cap: US$1.6b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Golden Ocean Group Dividends and Buybacks

Dividend criteria checks 2/6

Golden Ocean Group is a dividend paying company with a current yield of 13.16%.

Key information

13.2%

Dividend yield

0.4%

Buyback Yield

Total Shareholder Yield13.5%
Future Dividend Yield7.9%
Dividend Growth18.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio141%

Recent dividend and buyback updates

Recent updates

Golden Ocean: Strategic Merger, Strong Dividends, And Attractive Valuation

Jul 16

What Is Golden Ocean Group Limited's (NASDAQ:GOGL) Share Price Doing?

Apr 18
What Is Golden Ocean Group Limited's (NASDAQ:GOGL) Share Price Doing?

Golden Ocean: Strong Buy Today

Apr 16

Golden Ocean Group's (NASDAQ:GOGL) Earnings Are Of Questionable Quality

Mar 27
Golden Ocean Group's (NASDAQ:GOGL) Earnings Are Of Questionable Quality

We Think Golden Ocean Group (NASDAQ:GOGL) Can Stay On Top Of Its Debt

Mar 20
We Think Golden Ocean Group (NASDAQ:GOGL) Can Stay On Top Of Its Debt

Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Right But Growth Is Lacking

Jan 30
Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Right But Growth Is Lacking

Golden Ocean: A Top-Tier Dry Bulk Operator Focused On The Capesize Market

Jan 22

Is There Now An Opportunity In Golden Ocean Group Limited (NASDAQ:GOGL)?

Jan 03
Is There Now An Opportunity In Golden Ocean Group Limited (NASDAQ:GOGL)?

Is Golden Ocean Group (NASDAQ:GOGL) A Risky Investment?

Dec 16
Is Golden Ocean Group (NASDAQ:GOGL) A Risky Investment?

Golden Ocean Group: The Drop In Stock Price May Offer An Opportunity

Nov 29

There's Been No Shortage Of Growth Recently For Golden Ocean Group's (NASDAQ:GOGL) Returns On Capital

Nov 19
There's Been No Shortage Of Growth Recently For Golden Ocean Group's (NASDAQ:GOGL) Returns On Capital

Golden Ocean Is Picking Up A Tailwind

Nov 02

Golden Ocean Group Limited (NASDAQ:GOGL) Might Not Be As Mispriced As It Looks

Oct 17
Golden Ocean Group Limited (NASDAQ:GOGL) Might Not Be As Mispriced As It Looks

Golden Ocean Group: Top Spec Fleet And Attractive Shareholder Returns

Oct 15

Golden Ocean Has Found A Way To Navigate The Cyclical Bulk Carrier Business

Oct 04

When Should You Buy Golden Ocean Group Limited (NASDAQ:GOGL)?

Sep 19
When Should You Buy Golden Ocean Group Limited (NASDAQ:GOGL)?
User avatar

Expanding Fleet And Calculated Innovations Propel Growth In Dry Bulk Shipping

Strategic fleet renewal and expansion, emphasizing larger, efficient vessels, positions Golden Ocean for revenue growth in favorable dry bulk segments.

Golden Ocean Group Has Potential For Long-Term Growth

Jul 22

We Think Golden Ocean Group (NASDAQ:GOGL) Is Taking Some Risk With Its Debt

Jul 12
We Think Golden Ocean Group (NASDAQ:GOGL) Is Taking Some Risk With Its Debt

Returns At Golden Ocean Group (NASDAQ:GOGL) Are On The Way Up

Jun 22
Returns At Golden Ocean Group (NASDAQ:GOGL) Are On The Way Up

Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues

May 21
Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues

At US$14.86, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?

May 08
At US$14.86, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?

Golden Ocean Group Stock: What A Strength - More To Come

Apr 27

Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?

Apr 11
Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?

Golden Ocean Group: Excellent Fleet, Strong Financials And Attractive Yields

Mar 22

Is The Good News Priced In For Golden Ocean's Share Price?

Mar 05

Golden Ocean Group's (NASDAQ:GOGL) Returns Have Hit A Wall

Feb 22
Golden Ocean Group's (NASDAQ:GOGL) Returns Have Hit A Wall

Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues

Feb 04
Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues

Should You Think About Buying Golden Ocean Group Limited (NASDAQ:GOGL) Now?

Jan 07
Should You Think About Buying Golden Ocean Group Limited (NASDAQ:GOGL) Now?

Returns On Capital Are Showing Encouraging Signs At Golden Ocean Group (NASDAQ:GOGL)

Nov 15
Returns On Capital Are Showing Encouraging Signs At Golden Ocean Group (NASDAQ:GOGL)

Golden Ocean Group (NASDAQ:GOGL) Takes On Some Risk With Its Use Of Debt

Oct 27
Golden Ocean Group (NASDAQ:GOGL) Takes On Some Risk With Its Use Of Debt

At US$7.67, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?

Oct 05
At US$7.67, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?

Golden Ocean Group (NASDAQ:GOGL) Might Have The Makings Of A Multi-Bagger

Jul 28
Golden Ocean Group (NASDAQ:GOGL) Might Have The Makings Of A Multi-Bagger

Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?

Jul 13
Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?

Why Golden Ocean Group Limited (NASDAQ:GOGL) Could Be Worth Watching

Jun 28
Why Golden Ocean Group Limited (NASDAQ:GOGL) Could Be Worth Watching

Golden Ocean Group Limited (NASDAQ:GOGL) Shares Could Be 34% Below Their Intrinsic Value Estimate

May 23
Golden Ocean Group Limited (NASDAQ:GOGL) Shares Could Be 34% Below Their Intrinsic Value Estimate

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: GOGL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GOGL's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Golden Ocean Group Dividend Yield vs Market
How does GOGL dividend yield compare to the market?
SegmentDividend Yield
Company (GOGL)13.2%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Shipping)7.7%
Analyst forecast (GOGL) (up to 3 years)7.9%

Notable Dividend: GOGL's dividend (13.16%) is higher than the bottom 25% of dividend payers in the US market (1.48%).

High Dividend: GOGL's dividend (13.16%) is in the top 25% of dividend payers in the US market (4.52%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (140.6%), GOGL's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (121.3%), GOGL's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/19 19:15
End of Day Share Price 2025/08/19 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Golden Ocean Group Limited is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Marius FurulyCarnegie Investment Bank AB
Hans Rettedal ChristiansenDanske Bank