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Golden Ocean Stock Dividends Overview

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

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 6.13%
Frequency Quarterly
1Y Growth 200.00%
Payout Ratio 0
Amount Per Share $0.300
Golden Ocean has not yet announced its next dividend date. Last payment date was: Mar 25, 2024.

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.


# Declaration Date Ex-Date Pay Date Amount Yield
11 Aug 26, 2021 Sep 09, 2021 Sep 20, 2021 $0.500 5.38%
12 May 20, 2021 Jun 02, 2021 Jun 10, 2021 $0.250 2.28%
13 Feb 18, 2020 Mar 05, 2020 Mar 19, 2020 $0.0500 1.68%
14 Nov 21, 2019 Dec 02, 2019 Dec 18, 2019 $0.150 2.70%
15 Aug 15, 2019 Aug 29, 2019 Sep 12, 2019 $0.100 1.54%
16 May 22, 2019 Jun 05, 2019 Jun 20, 2019 $0.0250 0.473%
17 Feb 18, 2019 Mar 06, 2019 Mar 21, 2019 $0.0500 0.96%
18 Nov 20, 2018 Dec 06, 2018 Dec 20, 2018 $0.150 2.58%
19 Aug 17, 2018 Sep 05, 2018 Sep 20, 2018 $0.100 1.10%
20 May 31, 2018 Jun 13, 2018 Jun 28, 2018 $0.100 1.15%

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

Low (51.68%)

Growth potential

Decrease likely (28.61%)

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 (0.514%). GOGL’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.13%), which means that there are more attractive dividend stocks to consider.

GOGL Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Golden Ocean 2.966B $0.300 6.13% 89.09%
McGrath RentCorp 2.699B $0.475 1.76% 36.51%
Astec Industries 743.059M - 0.99% 47.58%
Primoris Services Corporation 2.563B $0.0600 0.709% 10.13%
ICF International 2.829B $0.140 0.426% 11.26%
Encore Wire Corporation 4.436B $0.0200 0.0405% 0.419%

FAQ

What factors can affect the amount of GOGL's dividend payments?
The amount of GOGL's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GOGL sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GOGL stock be automatically reinvested?
If GOGL offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GOGL stock.

How often does GOGL pay dividend?
Golden Ocean (GOGL) pays dividends quarterly. The most recent payout was on Mar 25, 2024.

How much does GOGL pays per share?
The last recorder (Mar 12, 2024) dividend per share was $0.300.

What is GOGL dividend growth rate?
Over the last year, Golden Ocean has witnessed growth rate of 200.00% . Looking back over the past 3 years, this growth rate has been 6.27%. Furthermore, examining the past 5 years, Golden Ocean has maintained an average Dividends Per Share Growth Rate of 64.38%.
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About Golden Ocean Group Limited

Golden Ocean Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermud... GOGL Profile

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