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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, Bermuda.

Golden Ocean Dividend Announcement

Golden Ocean announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-12-18. Ex dividend date: 2024-12-09
Golden Ocean annual dividend for 2024 was $1.20
Golden Ocean annual dividend for 2023 was $0.50
Golden Ocean's trailing twelve-month (TTM) dividend yield is 12.62%
Golden Ocean's payout ratio for the trailing twelve months (TTM) is 82.70%
Golden Ocean's dividend growth over the last five years (2018-2023) was 2.14% year

Golden Ocean Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-09$0.30quarterly2024-12-18
2024-09-11$0.30quarterly2024-09-20
2024-06-07$0.30quarterly2024-06-17
2024-03-12$0.30quarterly2024-03-25
2023-12-05$0.10quarterly2023-12-13
2023-09-08$0.10quarterly2023-09-19
2023-05-25$0.10quarterly2023-06-06
2023-02-27$0.20quarterly2023-03-09
2022-11-25$0.35quarterly2022-12-05
2022-09-06$0.60quarterly2022-09-14
2022-05-31$0.50quarterly2022-06-08
2022-03-02$0.90quarterly2022-03-10
2021-12-08$0.85quarterly2021-12-16
2021-09-09$0.50quarterly2021-09-20
2021-06-02$0.25quarterly2021-06-10
2020-03-05$0.05quarterly2020-03-19
2019-12-02$0.15quarterly2019-12-18
2019-08-29$0.10quarterly2019-09-12
2019-06-05$0.03quarterly2019-06-20
2019-03-06$0.05quarterly2019-03-21
2018-12-06$0.15quarterly2018-12-20
2018-09-05$0.10quarterly2018-09-20
2018-06-13$0.10quarterly2018-06-28
2018-03-02$0.10quarterly2018-03-22
2014-12-01$0.05quarterly2014-12-10
2014-08-26$0.20quarterly2014-09-10
2014-05-20$0.20quarterly2014-06-05
2014-02-14$0.17quarterly2014-03-06
2013-11-26$0.17quarterly2013-12-10
2013-08-26$0.17quarterly2013-09-10
2013-05-20$0.17quarterly2013-06-05
2013-02-15$0.17quarterly2013-03-06
2012-11-26$0.17quarterly2012-12-12
2012-08-28$0.17quarterly2012-09-12
2012-05-21$0.35quarterly2012-06-06
2012-02-21$0.50quarterly2012-03-08
2011-11-16$0.50quarterly2011-12-02
2011-08-29$0.50quarterly2011-09-14
2011-05-23$0.50quarterly2011-06-09
2011-02-15$0.50quarterly2011-03-03
2010-11-17$0.50quarterly2010-12-06
2010-08-20$0.50quarterly2010-09-07
2010-05-19$0.40quarterly2010-06-07
2010-02-17$0.30quarterly2010-03-04

Golden Ocean Dividend per year

Golden Ocean Dividend growth

Golden Ocean Dividend Yield

Golden Ocean current trailing twelve-month (TTM) dividend yield is 12.62%. Interested in purchasing Golden Ocean stock? Use our calculator to estimate your expected dividend yield:

Golden Ocean Financial Ratios

P/E ratio7.87
PEG ratio-0.88
P/B ratio0.99
ROE12.54%
Payout ratio82.70%
Current ratio1.22
Quick ratio1.22
Cash Ratio0.46

Golden Ocean Dividend FAQ

How much is the next Golden Ocean dividend?
Golden Ocean's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Golden Ocean dividend. The next Golden Ocean dividend will be released in February, May, September, or December.
When is Golden Ocean dividend paid?
Golden Ocean pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Golden Ocean pay?
The specific amount of Golden Ocean dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Golden Ocean's dividend history.
Does Golden Ocean stock pay dividends?
Yes, Golden Ocean does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Golden Ocean's dividend history.
How much dividend does Golden Ocean pay?
Golden Ocean paid $1.2 in 2024, $0.5 in 2023, $2.35 in 2022, $1.6 in 2021, and $0.05 in 2020.
How often does Golden Ocean pay dividends?
Golden Ocean typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, September, and December.
What is Golden Ocean's dividend yield?
The current dividend yield for Golden Ocean is 12.62%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Golden Ocean's exact dividend yield.
When does Golden Ocean go ex dividend?
Golden Ocean's ex-dividend date for the latest dividend was on 2024-12-09. Golden Ocean typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Golden Ocean dividend paid?
Golden Ocean pays dividends on a quarterly basis, typically around February, May, September, or December, but the exact dates can vary each year.
Will Golden Ocean increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Golden Ocean will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Golden Ocean dividend per share?
Golden Ocean paid $1.2 per share in 2024 and $0.5 per share in 2023. The amount of dividend per share that Golden Ocean pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Golden Ocean a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Golden Ocean a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Golden Ocean a dividend stock?
Yes, Golden Ocean is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Golden Ocean a good dividend stock?
Whether Golden Ocean is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Golden Ocean has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Golden Ocean as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Golden Ocean pay dividends monthly?
Golden Ocean typically pays dividends on a quarterly basis.
Does Golden Ocean pay dividends quarterly?
Golden Ocean currently pays dividends on a quarterly basis.
Has Golden Ocean ever paid a dividend?
Yes, Golden Ocean has a history of paying dividends to its shareholders. Golden Ocean is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Golden Ocean dividend stocks?
To buy Golden Ocean you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Golden Ocean stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Golden Ocean pay dividends 2024?
Golden Ocean pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Golden Ocean increase its dividend in 2024?
Decisions regarding Golden Ocean dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Golden Ocean dividend overview you can look into the above table of dividend history.
How Golden Ocean dividend works?
The Golden Ocean dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Golden Ocean's dividend process works:

1. Determination of Dividend: Golden Ocean's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Golden Ocean publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Golden Ocean distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Golden Ocean are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Golden Ocean dividends paid?
Golden Ocean dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Golden Ocean sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Golden Ocean distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Golden Ocean declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Golden Ocean pay dividends?
Golden Ocean typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Golden Ocean pay dividends?
The general pattern is that Golden Ocean pays dividends around February, May, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Golden Ocean dividend safe?
The safety of Golden Ocean's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Golden Ocean's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Golden Ocean's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.