GOGL Golden Ocean Group Limited dividend history, payout ratio & dates
- Stocks
- Industrials
- NASDAQ: GOGL
- Dividend
Last dividend date: Jun 5, 2025
Dividend yield: 10.4%
Payout ratio: 140.4%
Golden Ocean Group Limited's latest dividend of $0.05 per share was on Jun 5, 2025 (ex-date). The annualized dividend distribution of $0.8 per share represents a current dividend yield of 10.4%. The latest GOGL payment of $0.05 marks a dividend change of -67%.
GOGL dividend stats
vs. Industrials sector
Golden Ocean Group Limited Dividend yield
Golden Ocean Group Limited's dividend yield of 10.4% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.54%, Golden Ocean Group Limited's dividend yield is 575% higher. The current dividend yield is below the historical average of 13.6% of the last 5 years.
GOGL Dividend history
Golden Ocean Group Limited has a dividend history dating as far as 1997, but lately the company has recorded seven consecutive years of dividend payments. Our records of GOGL show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock down by 43% from a year ago, the dividend yield has an increase of 74%.
Golden Ocean Group Limited Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jun 5, 2025 | $0.05 | 10.34% |
| Mar 11, 2025 | $0.15 | 13.5% |
| Dec 9, 2024 | $0.3 | 12.61% |
| 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 140.4% is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 35.3%, Golden Ocean Group Limited's payout ratio is 298% higher.
Total amount of dividends paid per financial year (from cash flow)
GOGL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GOGL Golden Ocean Group Limited | 10.4% | $0.8 | 140.4% |
| ASC Ardmore Shipping Corp | 7.19% | $0.69 | 30% |
| DHT DHT Holdings Inc | 7.17% | $0.81 | 73.6% |
| STNG Scorpio Tankers Inc | 5.04% | $2 | 18.7% |
Frequently asked questions
Does Golden Ocean Group Limited pay a dividend?
Yes, Golden Ocean Group Limited has been paying dividends for the last seven years.
When was GOGL's last dividend?
Golden Ocean Group Limited's last dividend ex-date was on Jun 5, 2025. The dividend amount was $0.05 per share.
How much dividend does Golden Ocean Group Limited pay (per share)?
GOGL has paid dividend of $0.8 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 10.4%.
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 140.4%.
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.