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Golden Ocean Group (GOGL) Dividend Yield, Date & History

Golden Ocean Group logo
$8.76 -0.11 (-1.24%)
(As of 12:08 PM ET)

Golden Ocean Group Dividend Summary

Dividend Yield
13.70%
Annual Dividend
$1.20
Recent
Dividend Payment
Dec. 18
Annualized 3-Year
Dividend Growth
115.44%
Dividend Payout Ratio
99.17%

Golden Ocean Group (GOGL) pays an annual dividend of $1.20 per share, with a dividend yield of 13.70%. The next quarterly payment of $0.30 per share was paid on Wednesday, December 18, to investors who owned the stock before the ex-dividend date of Monday, December 9. The company currently pays out 99.17% of its earnings and 97.26% of its cash flow as dividends.

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GOGL Dividend Payments by Quarter

The chart below displays up to four years of Golden Ocean Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

GOGL Dividend Yield Over Time

The chart below tracks Golden Ocean Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Golden Ocean Group vs. The Competition

Compare Golden Ocean Group's annual dividend, yield, and 3-year growth rate with averages for Transportation and NASDAQ companies to evaluate its performance against the market.

TypeGolden Ocean GroupTransportation CompaniesNASDAQ Companies
Annual Dividend$1.20$0.01$1.29
Dividend Yield13.73%4.35%4.20%
Annualized 3-Year Dividend Growth115.44%26.12%14.22%

Golden Ocean Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings99.17%
Based on This Year's Estimate101.69%
Based on Next Year's Estimate78.95%
Based on Cashflow97.48%

Golden Ocean Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/27/2024Quarterly$0.30 - 11.89%12/9/202412/9/202412/18/2024
8/28/2024Quarterly$0.30 - 9.93%9/11/20249/11/20249/20/2024
5/22/2024Quarterly$0.30 - 8.48%6/7/20246/7/20246/17/2024
2/28/2024Quarterly$0.30+$0.20
200.00%
9.43%3/12/20243/13/20243/25/2024
11/21/2023Quarterly$0.10 - 4.53%12/5/202312/6/202312/13/2023
11/21/2023Quarterly$0.10 - 4.53%12/5/202312/6/202312/6/2023
8/29/2023Quarterly$0.10 - 5.52%9/8/20239/11/20239/19/2023
5/16/2023Quarterly$0.10-$0.10
50.00%
4.73%5/25/20235/26/20236/6/2023
2/16/2023quarterly$0.20-$0.15
42.86%
17.6%2/27/20232/28/20233/9/2023

This table shows Golden Ocean Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Golden Ocean Group Dividend - Frequently Asked Questions

The current dividend yield for Golden Ocean Group is 13.73%. Learn more on GOGL's dividend yield history.

The annual dividend for GOGL shares is $1.20. Learn more on GOGL's annual dividend history.

Golden Ocean Group pays quarterly dividends to shareholders.

Golden Ocean Group's most recent quarterly dividend payment of $0.30 per share was made to shareholders on Wednesday, December 18, 2024.

Golden Ocean Group's most recent ex-dividend date was Monday, December 9, 2024.

Over the past three years, the company's dividend has grown by an average of 115.44% per year.

The most recent change in the company's dividend was an increase of $0.20 on Wednesday, February 28, 2024.

The dividend payout ratio for GOGL is:
  • 99.17% based on the trailing year of earnings
  • 101.69% based on this year's estimates
  • 78.95% based on next year's estimates
  • 97.48% based on cash flow

Golden Ocean Group's dividend yield of 13.35% is higher than the average Transportation company that issues a dividend. GOGL has a dividend yield higher than 75% of all dividend-paying stocks 5.78, making it a leading dividend payer. Golden Ocean Group's dividend payout ratio of 99.17% may not be sustainable.

Looking at the stock as a whole, market analysts rate Golden Ocean Group stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:GOGL) was last updated on 12/30/2024 by MarketBeat.com Staff
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