GOGL Golden Ocean Group Limited dividend history, payout ratio & dates
Golden Ocean Group Limited's latest dividend of $0.3 per share was on Sep 11, 2024 (ex-date). The annualized dividend distribution of $1 per share represents a current dividend yield of 10.09%.
Key dates
- GOGL last dividend date: Sep 11, 2024
GOGL dividend stats
vs. Industrials sector
Dividend yield
Golden Ocean Group Limited's dividend yield of 10.09% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.37%, Golden Ocean Group Limited's dividend yield is 636% higher. The current dividend yield is below the historical average of 13.5% of the last 5 years.
Dividend history
Golden Ocean Group Limited has a dividend history dating as far as 1997, but lately the company has recorded six consecutive years of dividend payments. Our records of GOGL show that the company has distributed three dividends in the past year. The annualized dividend per share has an increase of 100% since twelve months ago. And with the price of the stock up by 12% from a year ago, the dividend yield has an increase of 78%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 11, 2024 | $0.3 | 8.95% |
| Jun 7, 2024 | $0.3 | 5.97% |
| Mar 12, 2024 | $0.3 | 4.46% |
| Dec 5, 2023 | $0.1 | 5.66% |
| Sep 8, 2023 | $0.1 | 10.15% |
| May 25, 2023 | $0.1 | 16.73% |
| Feb 27, 2023 | $0.2 | 16.37% |
| Nov 25, 2022 | $0.35 | 26.64% |
| Sep 6, 2022 | $0.6 | 32.65% |
| May 31, 2022 | $0.5 | 18.63% |
| Mar 2, 2022 | $0.9 | 20.58% |
| Dec 8, 2021 | $0.85 | 18.1% |
| Sep 9, 2021 | $0.5 | 6.65% |
| Jun 2, 2021 | $0.25 | 2.48% |
| Mar 5, 2020 | $0.05 | 8.74% |
| Dec 2, 2019 | $0.15 | 5.64% |
| Aug 29, 2019 | $0.1 | 5.37% |
| Jun 5, 2019 | $0.025 | 6.86% |
| Mar 6, 2019 | $0.05 | 8.06% |
| Dec 6, 2018 | $0.15 | 6.57% |
| Sep 5, 2018 | $0.1 | 3.34% |
| Jun 13, 2018 | $0.1 | 2.28% |
| Mar 2, 2018 | $0.1 | 1.1% |
Golden Ocean Group Limited dividend payout ratio
Payout ratio
Golden Ocean Group Limited's payout ratio of 82.6% is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 33.1%, Golden Ocean Group Limited's payout ratio is 150% higher.
Total amount of dividends paid per financial year (from cash flow)
GOGL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DHT DHT Holdings Inc | 10.43% | $1 | 100% |
| GOGL Golden Ocean Group Limited | 10.09% | $1 | 82.6% |
| ASC Ardmore Shipping Corp | 9.47% | $1.08 | 30% |
| STNG Scorpio Tankers Inc | 3.23% | $1.6 | 11% |
Frequently asked questions
Does Golden Ocean Group Limited pay a dividend?
Yes, Golden Ocean Group Limited has been paying dividends for the last six years.
When was GOGL's last dividend?
Golden Ocean Group Limited's last dividend ex-date was on Sep 11, 2024. The dividend amount was $0.3 per share.
How much dividend does Golden Ocean Group Limited pay (per share)?
GOGL has paid dividend of $1 per share in the last year.
What is Golden Ocean Group Limited's dividend yield?
The current dividend yield of Golden Ocean Group Limited is 10.09%.
How often does Golden Ocean Group Limited pay dividends?
Golden Ocean Group Limited pays four dividends per year.
What is Golden Ocean Group Limited's dividend payout ratio?
Golden Ocean Group Limited's dividend payout ratio is 82.6%.
Does Golden Ocean Group Limited pay a good dividend?
Golden Ocean Group Limited's dividend yield is above the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.