Golden Dividend Yield from 2010 to 2024

GOGL Stock  USD 11.19  0.64  5.41%   
Golden Ocean Dividend Yield yearly trend continues to be quite stable with very little volatility. The value of Dividend Yield is projected to decrease to 0.05. Dividend Yield is a financial ratio that shows how much Golden Ocean Group pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. View All Fundamentals
 
Dividend Yield  
First Reported
2010-12-31
Previous Quarter
0.05125923
Current Value
0.0487
Quarterly Volatility
0.07037189
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Ocean financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Ocean's main balance sheet or income statement drivers, such as Depreciation And Amortization of 142.3 M, Interest Expense of 108.8 M or Selling General Administrative of 19 M, as well as many indicators such as Price To Sales Ratio of 4.27, Dividend Yield of 0.0487 or PTB Ratio of 1.22. Golden financial statements analysis is a perfect complement when working with Golden Ocean Valuation or Volatility modules.
  
Check out the analysis of Golden Ocean Correlation against competitors.

Latest Golden Ocean's Dividend Yield Growth Pattern

Below is the plot of the Dividend Yield of Golden Ocean Group over the last few years. Dividend Yield is Golden Ocean Group dividend as a percentage of Golden Ocean stock price. Golden Ocean Group dividend yield is a measure of Golden Ocean stock productivity, which can be interpreted as interest rate earned on an Golden Ocean investment. It is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Golden Ocean's Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Ocean's overall financial position and show how it may be relating to other accounts over time.
Dividend Yield10 Years Trend
Very volatile
   Dividend Yield   
       Timeline  

Golden Dividend Yield Regression Statistics

Arithmetic Mean0.1
Geometric Mean0.08
Coefficient Of Variation70.60
Mean Deviation0.05
Median0.07
Standard Deviation0.07
Sample Variance0
Range0.2597
R-Value(0.04)
Mean Square Error0.01
R-Squared0
Significance0.89
Slope(0.0006)
Total Sum of Squares0.07

Golden Dividend Yield History

2024 0.0487
2023 0.0513
2022 0.27
2021 0.18
2020 0.0108
2019 0.0558

About Golden Ocean Financial Statements

Golden Ocean investors utilize fundamental indicators, such as Dividend Yield, to predict how Golden Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Dividend Yield 0.05  0.05 

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When determining whether Golden Ocean Group is a strong investment it is important to analyze Golden Ocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Ocean's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:
Check out the analysis of Golden Ocean Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Ocean. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Ocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.822
Dividend Share
1
Earnings Share
1.07
Revenue Per Share
4.871
Quarterly Revenue Growth
0.172
The market value of Golden Ocean Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Ocean's value that differs from its market value or its book value, called intrinsic value, which is Golden Ocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Ocean's market value can be influenced by many factors that don't directly affect Golden Ocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Ocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Ocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.