Golden Ocean Group (Golden Ocean Group) 5-Year Yield-on-Cost % : 21.44 (As of Apr. 28, 2024)

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What is Golden Ocean Group 5-Year Yield-on-Cost %?

Golden Ocean Group's yield on cost for the quarter that ended in Dec. 2023 was 21.44.

The historical rank and industry rank for Golden Ocean Group's 5-Year Yield-on-Cost % or its related term are showing as below:

GOGL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.89 Med: 39.45 Max: 167.21
Current: 21.44

During the past 13 years, Golden Ocean Group's highest Yield on Cost was 167.21. The lowest was 3.89. And the median was 39.45.

GOGL's 5-Year Yield-on-Cost % is ranked better than
93.28% of 625 companies
in the Transportation industry
Industry Median: 3.52 vs GOGL: 21.44

Competitive Comparison of Golden Ocean Group's 5-Year Yield-on-Cost %

For the Marine Shipping subindustry, Golden Ocean Group's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Golden Ocean Group's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Golden Ocean Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Golden Ocean Group's 5-Year Yield-on-Cost % falls into.

Golden Ocean Group 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Golden Ocean Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Golden Ocean Group (NAS:GOGL) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Golden Ocean Group 5-Year Yield-on-Cost % Related Terms

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Golden Ocean Group (Golden Ocean Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Golden Ocean Group Ltd (NAS:GOGL) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

GOGLo:Sweden GOGL:Norway GOGLo:UK 0RII:UK KT31:Germany

Address

14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08

Website

https://www.goldenocean.bm

Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.