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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-09 | $0.30 | quarterly | 2024-12-18 |
2024-09-11 | $0.30 | quarterly | 2024-09-20 |
2024-06-07 | $0.30 | quarterly | 2024-06-17 |
2024-03-12 | $0.30 | quarterly | 2024-03-25 |
2023-12-05 | $0.10 | quarterly | 2023-12-13 |
2023-09-08 | $0.10 | quarterly | 2023-09-19 |
2023-05-25 | $0.10 | quarterly | 2023-06-06 |
2023-02-27 | $0.20 | quarterly | 2023-03-09 |
2022-11-25 | $0.35 | quarterly | 2022-12-05 |
2022-09-06 | $0.60 | quarterly | 2022-09-14 |
2022-05-31 | $0.50 | quarterly | 2022-06-08 |
2022-03-02 | $0.90 | quarterly | 2022-03-10 |
2021-12-08 | $0.85 | quarterly | 2021-12-16 |
2021-09-09 | $0.50 | quarterly | 2021-09-20 |
2021-06-02 | $0.25 | quarterly | 2021-06-10 |
2020-03-05 | $0.05 | quarterly | 2020-03-19 |
2019-12-02 | $0.15 | quarterly | 2019-12-18 |
2019-08-29 | $0.10 | quarterly | 2019-09-12 |
2019-06-05 | $0.03 | quarterly | 2019-06-20 |
2019-03-06 | $0.05 | quarterly | 2019-03-21 |
2018-12-06 | $0.15 | quarterly | 2018-12-20 |
2018-09-05 | $0.10 | quarterly | 2018-09-20 |
2018-06-13 | $0.10 | quarterly | 2018-06-28 |
2018-03-02 | $0.10 | quarterly | 2018-03-22 |
2014-12-01 | $0.05 | quarterly | 2014-12-10 |
2014-08-26 | $0.20 | quarterly | 2014-09-10 |
2014-05-20 | $0.20 | quarterly | 2014-06-05 |
2014-02-14 | $0.17 | quarterly | 2014-03-06 |
2013-11-26 | $0.17 | quarterly | 2013-12-10 |
2013-08-26 | $0.17 | quarterly | 2013-09-10 |
2013-05-20 | $0.17 | quarterly | 2013-06-05 |
2013-02-15 | $0.17 | quarterly | 2013-03-06 |
2012-11-26 | $0.17 | quarterly | 2012-12-12 |
2012-08-28 | $0.17 | quarterly | 2012-09-12 |
2012-05-21 | $0.35 | quarterly | 2012-06-06 |
2012-02-21 | $0.50 | quarterly | 2012-03-08 |
2011-11-16 | $0.50 | quarterly | 2011-12-02 |
2011-08-29 | $0.50 | quarterly | 2011-09-14 |
2011-05-23 | $0.50 | quarterly | 2011-06-09 |
2011-02-15 | $0.50 | quarterly | 2011-03-03 |
2010-11-17 | $0.50 | quarterly | 2010-12-06 |
2010-08-20 | $0.50 | quarterly | 2010-09-07 |
2010-05-19 | $0.40 | quarterly | 2010-06-07 |
2010-02-17 | $0.30 | quarterly | 2010-03-04 |
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
Golden Ocean Dividend FAQ
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.
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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.
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.
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.