Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Golden Ocean Group Ltd (GOGL)

NASDAQ
Currency in USD
Disclaimer
14.05
+0.23(+1.66%)
Closed
After Hours
14.10+0.05(+0.36%)

GOGL Comments

Freight charges started to increase. Today BDI Baltic Exchange Dry Index :1584 USD
whats u offering.... mcjewel jewelry..record high in Goldmine....
Gold investment are great now...wilma causey sb
Hi!
Please anyone here?
Tell me.
stock market is rigged
GOGL $13.35 ... cocering short from $14.68
GOGL $15.56 -2.87% @ Friday Close!
any idea why the company reduced their dividend by 44% from what they paid in the previous quarter?
I’ll have to dig into the quarterly, but they have a high payout ratio, which makes the dividen highly variable Matt. It’s good/bad. Good in that they return a high level of earnings to shareholders, but bad if counting on a steady stream of income from dividend.
Also ... compare to year/ago same quarter, but the month vs prior month is how seasonality creates the highly variable dividend, due to high payout ratio. They could stabilize the dividends, by lowering the payout ratio, which would help them retain more of earnings (cash) then better be able to declare an annual dividen payout. Just try and factor in the impact of the global supply chain issues are having on all these shipping companies. Fuel costs, will there be product to ship, etc.
GOGL $14.71 +6.36% @ Close!
GOGL $13.60 +3.19% @ Close!
In
I hope this answers Matt Cohen https://www.nasdaq.com/articles/golden-ocean-group-gogl-q4-earnings-and-revenues-top-estimates. 0.99 earnings per share vs $0.18 per share a year ago.
what makes this stock so risky that it's current dividend yield is roughly 34%?
I understand this. But generaly over years there is an increase in dividends from year to year. I think it is a good indication.
Other fundamentals seem good. It seems that ti is making a U turn from bad performance/indicators to good.
Everything is risky
what makes this stock so risky that it's current dividend yield is roughly 34%?
took some profits today
What’s the reason for the drop?
Who will carry goods for us if not this company???
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.