Golden Ocean Group Ltd (NASDAQ:GOGL) announced a quarterly dividend on Wednesday, May 22nd, NASDAQ reports. Investors of record on Thursday, June 6th will be given a dividend of 0.025 per share by the shipping company on Thursday, June 20th. This represents a $0.10 annualized dividend and a yield of 1.86%. The ex-dividend date is Wednesday, June 5th.
GOGL opened at $5.37 on Thursday. The firm has a market capitalization of $751.66 million, a P/E ratio of 8.95 and a beta of 1.92. Golden Ocean Group has a 12 month low of $4.61 and a 12 month high of $10.05. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 0.58.
Golden Ocean Group (NASDAQ:GOGL) last issued its quarterly earnings results on Wednesday, May 22nd. The shipping company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.08. Golden Ocean Group had a net margin of 12.89% and a return on equity of 5.65%. The firm had revenue of $91.81 million for the quarter, compared to analysts’ expectations of $74.48 million. As a group, equities analysts forecast that Golden Ocean Group will post -0.38 EPS for the current year.
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Golden Ocean Group Company Profile
Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide. It owns and operates a fleet of dry bulk vessels, including Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers.
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