Golden Ocean Group Stock

Golden Ocean Group Dividend 2024

Golden Ocean Group Dividend

0.5 USD

Golden Ocean Group Dividend yield

5.57 %

Ticker

GOGL

ISIN

BMG396372051

WKN

A2AN0Y

How much dividend does Golden Ocean Group 2024 pay?

According to the latest status from December 2024, Golden Ocean Group paid a total of 0.5 USD per share in dividends within the last 12 months. With the current Golden Ocean Group price of 8.97 USD, this corresponds to a dividend yield of 5.57 %. A dividend is paid times per year.

5.57 % Dividend Yield=
0.5 USD Dividend
8.97 USD Stock Price

Historical Golden Ocean Group Dividends

A dividend is paid times per year. Last year, the payout months were March, June and October.

PaydateDividend
1/9/20250.3
10/11/20240.3
7/7/20240.3
4/12/20240.3
1/5/20240.1
10/8/20230.1
6/25/20230.1
3/27/20230.2
12/25/20220.35
10/6/20220.6
7/1/20220.5
4/2/20220.9
1/8/20220.85
10/9/20210.5
7/2/20210.25
4/5/20200.05
1/2/20200.15
9/29/20190.1
7/5/20190.03
4/6/20190.05
1
2
3
4
...
5

Golden Ocean Group dividend history and estimates

In 2023, Golden Ocean Group paid a dividend amounting to 0.5 USD. Dividend means that Golden Ocean Group distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Golden Ocean Group provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Golden Ocean Group’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Golden Ocean Group's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Golden Ocean Group Dividend History

DateGolden Ocean Group Dividend
2027e0.51 undefined
2026e0.51 undefined
2025e0.51 undefined
2024e0.52 undefined
20230.5 undefined
20222.35 undefined
20211.6 undefined
20200.05 undefined
20190.33 undefined
20180.6 undefined
20143.13 undefined
20133.5 undefined
20126 undefined
201110 undefined
20108.5 undefined
20091.25 undefined
200813.75 undefined
200712.5 undefined
200618 undefined
200522.75 undefined
200422.75 undefined

Is the Golden Ocean Group Dividend Safe?

Golden Ocean Group has been increasing the dividend for 3 years.

Over the past 10 years, Golden Ocean Group has increased it by an annual -17.683 %.

Over a five-year period, the distribution increased by -3.581%.

Analysts expect a Dividend Increase of 1.75% for the current fiscal year.

Golden Ocean Group dividend payout ratio

In 2023, Golden Ocean Group had a payout ratio of 95.26%. The payout ratio indicates the percentage of the company's profits that Golden Ocean Group distributes as dividends.
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  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Golden Ocean Group represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Golden Ocean Group could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Golden Ocean Group's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Golden Ocean Group Payout Ratio History

DateGolden Ocean Group Payout ratio
2027e90.41 %
2026e91.62 %
2025e94.26 %
2024e85.35 %
202395.26 %
2022102.17 %
202158.61 %
2020-5.21 %
2019125 %
2018101.69 %
201795.26 %
201695.26 %
201595.26 %
2014205.59 %
2013-460.53 %
2012-55.1 %
2011149.93 %
201083.74 %
200919.59 %
200897.24 %
200750.12 %
2006133.93 %
2005175.81 %
200490.17 %

Dividend Details

Understanding Golden Ocean Group's Dividend Distributions

Golden Ocean Group’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Golden Ocean Group's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Golden Ocean Group's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Golden Ocean Group’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Golden Ocean Group Aktienanalyse

What does Golden Ocean Group do?

Golden Ocean Group Ltd is one of the largest companies in the world specializing in the transportation of bulk carriers. The company is based in Bermuda and has been in existence since 1996. For over two decades, Golden Ocean Group Ltd has offered its services on the global market and has made a name for itself. The business model of Golden Ocean Group Ltd is based on the transportation of dry bulk goods such as coal, iron ore, and grain. The company owns a fleet of bulk carriers that can be used for the transportation of raw materials and other dry bulk goods on all the world's oceans. Golden Ocean Group Ltd offers its services not only to large companies but also to small businesses that can utilize the company's services for the transportation of raw materials. Golden Ocean Group Ltd is divided into three different segments. The first segment is the transportation of raw materials, the second is the trading of dry bulk goods, and the third is ship management. The segment for the transportation of raw materials offers services for the transportation of iron ore, coal, cement, and grain. The segment for the trading of dry bulk goods is responsible for the global trade of raw materials, iron and steel products, construction materials, fuels, and other dry bulk goods. The ship management segment is responsible for the management and administration of the company's fleet of bulk carriers. Golden Ocean Group Ltd offers a variety of products and services, including: 1. Dry bulk transportation: The company utilizes its large fleet of bulk carriers for the transportation of raw materials such as iron ore, coal, and grain. The transportation services are available worldwide. 2. Ship management: Golden Ocean Group Ltd offers comprehensive management for the fleet of bulk carriers. 3. Trading of dry bulk goods: Golden Ocean Group Ltd engages in the trading of dry bulk goods worldwide. The company provides services for the global procurement and sale of raw materials, iron and steel products, construction materials, fuels, and other dry bulk goods. 4. Chartering services: The company offers chartering services for bulk carrier ships. This involves a type of leasing agreement between the ship's owner and a company that rents the ship for the transportation of cargo. 5. Construction materials: Golden Ocean Group Ltd is also involved in the transportation of construction materials. The company transports cement, gypsum boards, and other construction materials. Overall, the company Golden Ocean Group Ltd has built a strong network over the years and has become a key player in the global market for bulk carrier transportation. The company's fleet of bulk carriers is modern and efficient, equipped with all the necessary facilities for the transportation of dry bulk goods. The company also operates advanced technology that enhances efficiency and safety for operations at sea. The business model of Golden Ocean Group Ltd is based on the transportation of raw materials and other dry bulk goods that are essential for the development and growth of economies. The company offers services to large and small businesses and is committed to constantly improving and expanding its services to meet the changing demands of customers. Golden Ocean Group Ltd will continue to have potential growth prospects and continue to influence the global market for bulk carrier transportation. Golden Ocean Group is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Golden Ocean Group stock

How much dividend does Golden Ocean Group pay?

Over the past 12 months, Golden Ocean Group paid a dividend of 0.5 USD . This corresponds to a dividend yield of about 5.57 %. For the coming 12 months, Golden Ocean Group is expected to pay a dividend of 0.51 USD.

What is the dividend yield of Golden Ocean Group?

The current dividend yield of Golden Ocean Group is 5.57 %.

When does Golden Ocean Group pay dividends?

Golden Ocean Group pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of Golden Ocean Group?

Golden Ocean Group paid dividends every year for the past 10 years.

What is the dividend of Golden Ocean Group?

For the upcoming 12 months, dividends amounting to 0.51 USD are expected. This corresponds to a dividend yield of 5.65 %.

In which sector is Golden Ocean Group located?

Golden Ocean Group is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Golden Ocean Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Golden Ocean Group from 12/18/2024 amounting to 0.3 USD, you needed to have the stock in your portfolio before the ex-date on 12/9/2024.

When did Golden Ocean Group pay the last dividend?

The last dividend was paid out on 12/18/2024.

What was the dividend of Golden Ocean Group in the year 2023?

In the year 2023, Golden Ocean Group distributed 2.35 USD as dividends.

In which currency does Golden Ocean Group pay out the dividend?

The dividends of Golden Ocean Group are distributed in USD.

Andere Kennzahlen von Golden Ocean Group

Our stock analysis for Golden Ocean Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Golden Ocean Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.