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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
71 Apr 23, 2001 Apr 25, 2001 May 11, 2001 $6.95 5.56%
72 Jan 17, 2001 Jan 24, 2001 Feb 09, 2001 $8.40 8.02%
73 Oct 16, 2000 Oct 24, 2000 Nov 08, 2000 $5.85 5.67%
74 Jul 14, 2000 Jul 20, 2000 Aug 07, 2000 $3.05 3.23%
75 Apr 17, 2000 Apr 25, 2000 May 12, 2000 $2.20 2.59%
76 Jan 18, 2000 Jan 26, 2000 Feb 11, 2000 $2.20 3.35%
77 Oct 22, 1999 Oct 22, 1999 Oct 22, 1999 $2.25 3.00%
78 Jul 23, 1999 Jul 23, 1999 Jul 23, 1999 $2.35 2.58%
79 Apr 22, 1999 Apr 22, 1999 Apr 22, 1999 $2.58 2.91%
80 Jan 22, 1999 Jan 22, 1999 Jan 22, 1999 $2.58 2.42%

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 2.698B $0.475 1.76% 36.51%
Astec Industries 758.995M - 0.99% 47.58%
Primoris Services Corporation 2.556B $0.0600 0.709% 10.13%
ICF International 2.839B $0.140 0.426% 11.26%
Encore Wire Corporation 4.44B $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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