Golden Ocean Group Dividends and Buybacks
Dividend criteria checks 3/6
Golden Ocean Group is a dividend paying company with a current yield of 12.85%.
Key information
13.4%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 13.4% |
| Future Dividend Yield | 16.5% |
| Dividend Growth | 16.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.200 |
| Payout ratio | 98% |
Recent dividend and buyback updates
Recent updates
Is Golden Ocean Group (NASDAQ:GOGL) A Risky Investment?
Dec 16
Golden Ocean Group: The Drop In Stock Price May Offer An Opportunity
Nov 29There's Been No Shortage Of Growth Recently For Golden Ocean Group's (NASDAQ:GOGL) Returns On Capital
Nov 19Golden Ocean Is Picking Up A Tailwind
Nov 02Golden Ocean Group Limited (NASDAQ:GOGL) Might Not Be As Mispriced As It Looks
Oct 17Golden Ocean Group: Top Spec Fleet And Attractive Shareholder Returns
Oct 15Golden Ocean Has Found A Way To Navigate The Cyclical Bulk Carrier Business
Oct 04When Should You Buy Golden Ocean Group Limited (NASDAQ:GOGL)?
Sep 19Golden Ocean Group Has Potential For Long-Term Growth
Jul 22We Think Golden Ocean Group (NASDAQ:GOGL) Is Taking Some Risk With Its Debt
Jul 12Returns At Golden Ocean Group (NASDAQ:GOGL) Are On The Way Up
Jun 22Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues
May 21At US$14.86, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?
May 08Golden Ocean Group Stock: What A Strength - More To Come
Apr 27Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?
Apr 11Golden Ocean Group: Excellent Fleet, Strong Financials And Attractive Yields
Mar 22Is The Good News Priced In For Golden Ocean's Share Price?
Mar 05Golden Ocean Group's (NASDAQ:GOGL) Returns Have Hit A Wall
Feb 22Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues
Feb 04Should You Think About Buying Golden Ocean Group Limited (NASDAQ:GOGL) Now?
Jan 07Returns On Capital Are Showing Encouraging Signs At Golden Ocean Group (NASDAQ:GOGL)
Nov 15Golden Ocean Group (NASDAQ:GOGL) Takes On Some Risk With Its Use Of Debt
Oct 27At US$7.67, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?
Oct 05Golden Ocean Group (NASDAQ:GOGL) Might Have The Makings Of A Multi-Bagger
Jul 28Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?
Jul 13Why Golden Ocean Group Limited (NASDAQ:GOGL) Could Be Worth Watching
Jun 28Golden Ocean Group Limited (NASDAQ:GOGL) Shares Could Be 34% Below Their Intrinsic Value Estimate
May 23These 4 Measures Indicate That Golden Ocean Group (NASDAQ:GOGL) Is Using Debt Extensively
Apr 06What Is Golden Ocean Group Limited's (NASDAQ:GOGL) Share Price Doing?
Mar 21Golden Ocean Group (NASDAQ:GOGL) Is Experiencing Growth In Returns On Capital
Feb 16These 4 Measures Indicate That Golden Ocean Group (NASDAQ:GOGL) Is Using Debt Reasonably Well
Jan 01Is There Now An Opportunity In Golden Ocean Group Limited (NASDAQ:GOGL)?
Dec 17We Like These Underlying Return On Capital Trends At Golden Ocean Group (NASDAQ:GOGL)
Nov 17Golden Ocean Should Remain Profitable Even With Decreased TCE Rates
Oct 17Golden Ocean Group - Buy The Pullback In This Leading Dry Bulk Shipper
Oct 06Is Golden Ocean Group (NASDAQ:GOGL) Using Too Much Debt?
Sep 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GOGL's dividend payments have been volatile in the past 10 years.
Growing Dividend: GOGL'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 (GOGL) | 13.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Shipping) | 11.8% |
| Analyst forecast (GOGL) (up to 3 years) | 16.5% |
Notable Dividend: GOGL's dividend (12.85%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: GOGL's dividend (12.85%) is in the top 25% of dividend payers in the US market (4.48%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.1%), GOGL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.6%), GOGL's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 21:50 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Golden Ocean Group Limited is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Glenn Lodden | ABN AMRO Bank N.V. |
| Gregory Lewis | BTIG |