Golden Ocean Stock Dividends
GOGL pays dividends quarterly. Last paid amount was $0.300 at Mar 25, 2024. As of today, dividend yield (TTM) is 6.13%.
Dividend Yield Range
AI Analysis of GOGL
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 6.13% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 200.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.300 |
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Golden Ocean has not yet announced its next dividend date. Last payment date was: Mar 25, 2024.
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GOGL Dividend Payout History
To ensure a understanding of GOGL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 12, 2024 | Mar 12, 2024 | Mar 25, 2024 | $0.300 | 2.37% |
| 2 | Dec 05, 2023 | Dec 05, 2023 | Dec 13, 2023 | $0.100 | 1.15% |
| 3 | Aug 29, 2023 | Sep 08, 2023 | Sep 19, 2023 | $0.100 | 1.31% |
| 4 | May 16, 2023 | May 25, 2023 | Jun 06, 2023 | $0.100 | 1.30% |
| 5 | Feb 16, 2023 | Feb 27, 2023 | Mar 09, 2023 | $0.200 | 2.08% |
| 6 | Nov 16, 2022 | Nov 25, 2022 | Dec 05, 2022 | $0.350 | 4.19% |
| 7 | Aug 25, 2022 | Sep 06, 2022 | Sep 14, 2022 | $0.600 | 6.39% |
| 8 | May 19, 2022 | May 31, 2022 | Jun 08, 2022 | $0.500 | 3.45% |
| 9 | Feb 16, 2022 | Mar 02, 2022 | Mar 10, 2022 | $0.90 | 7.54% |
| 10 | Nov 24, 2021 | Dec 08, 2021 | Dec 16, 2021 | $0.85 | 10.72% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
GOGL Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from GOGL dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GOGL stock here.
Comparing GOGL to Sector and Country
GOGL pays a solid dividend yield of 6.13%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.521%). GOGL’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.42%), which means that there are more attractive dividend stocks to consider.
GOGL Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Golden Ocean | 2.759B | $0.300 | 6.13% | 89.09% | |
| McGrath RentCorp | 2.742B | $0.475 | 1.74% | 27.15% | |
| Astec Industries | 969.779M | - | 0.99% | 35.22% | |
| Primoris Services Corporation | 2.435B | $0.0600 | 0.709% | 10.13% | |
| ICF International | 2.656B | $0.140 | 0.426% | 12.75% | |
| Encore Wire Corporation | 4.498B | $0.0200 | 0.0405% | 0.319% |
