Golden Ocean
This company owns and operates a worldwide fleet of dry bulk shippers. Golden Ocean Group Ltd. (NASDAQ: GOGL) paid dividends totaling $2.50 per share over the past year. The current dividend yield is 24.47%.
Net income for the past 12 months totaled 527.22 million, and free cash flow per share over the period was $0.58. The total return for the past year was 109.5%.
Through the March quarter, Golden Ocean paid out $320.69 million in common dividends. The company’s payout ratio is 60.83%.
Diana Shipping
Diana Shipping Inc. (NYSE: DSX) is a dry bulk shipper operating globally. Over the past year, the company has paid two quarterly dividends totaling $0.30. Prior to those payments, the company had paid no dividends since November 2008. The current dividend yield is 14.93%.
Net income for the past 12 months was $57.39 million, and free cash flow per share for the period was $0.94. Total return for the past year was 65.34%
Through the March quarter, Diana Shipping has paid a total of $8.82 million in dividends, and the firm’s payout ratio is 25.42%.
Eagle Bulk Shipping
Eagle Bulk Shipping Inc. (NASDAQ: EGLE) is a worldwide operator of dry bulk vessels. Over the past year, the company has paid three quarterly dividends totaling $6.05. The current dividend yield is 12.24%.
Net income for the past year was $228.12 million, and free cash flow per share for the period was $11.68. Total return for the past 12 months was 70.36%.
Through the March quarter, Eagle has paid $52.58 million in common dividends, and the company’s payout ratio is 23.05%.
Grindrod Shipping
Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) operates both dry bulk and tanker vessels worldwide. In the past 12 months, the company has paid two quarterly dividends totaling $1.44 and has a forward dividend yield of 12.08%
Net income for the past 12 months totaled $118.92 million, and free cash flow per share for the period totaled $11.08. Total return for the past year was 266.33%.
Through the March quarter, Grindrod has paid $13.55 million in common dividends, and the company’s payout ratio is 11.39%.
Originally posted at 24/7 Wall St.
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