Golden Ocean Group Dividend
Dividend criteria checks 2/6
Golden Ocean Group is a dividend paying company with a current yield of 4.17% that is well covered by earnings. Next payment date is on 17th June, 2024 with an ex-dividend date of 7th June, 2024.
Key information
4.2%
Dividend yield
86%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | 17 Jun 24 |
Ex dividend date | 07 Jun 24 |
Dividend per share | n/a |
Earnings per share | US$0.93 |
Dividend yield forecast in 3Y | 9.6% |
Recent dividend updates
Recent updates
Golden 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 22Golden Ocean Group: Eradicating COVID-19 From China Is About To Hurt
Sep 16Golden Ocean Group: Don't Fear This Pullback - It's Time To Be Brave And Buy More
Sep 09Is Golden Ocean Group Limited (NASDAQ:GOGL) Potentially Undervalued?
Sep 06Golden Ocean goes ex-dividend on Tuesday
Sep 02Golden Ocean Q2 2022 Earnings Preview
Aug 24Golden Ocean Group: Grab This Buying Opportunity Before Its Q2 Earnings
Aug 092 High-Yield Dividend Monsters To Strike Down Stagflation
Jul 20Golden Ocean Group (NASDAQ:GOGL) Is Experiencing Growth In Returns On Capital
Jul 15Golden Ocean Group: Abandon Ship, The Best Days Are Over
Jul 10Shipping Is Always Volatile - Golden Ocean CEO Ulrik Anderson
Jun 28Is It Too Late To Consider Buying Golden Ocean Group Limited (NASDAQ:GOGL)?
Jun 08Golden Ocean Vs. Star Bulk Carriers: Latter Is Still A Better Buy
Jun 07New Forecasts: Here's What Analysts Think The Future Holds For Golden Ocean Group Limited (NASDAQ:GOGL)
May 213 Best Shipping Stocks To Buy Amid The Global Shipping Crisis
May 18Upcoming Dividend Payment
Stability 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) | 4.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Shipping) | 3.5% |
Analyst forecast in 3 Years (GOGL) | 9.6% |
Notable Dividend: GOGL's dividend (4.17%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: GOGL's dividend (4.17%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.7%), GOGL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GOGL is paying a dividend but the company has no free cash flows.