We've been covering some high yield shipping stocks recently in our weekend articles, such as (GNK) and (SBLK). This week, we're taking a look at one that yields 14.44%. Its earnings soared by 3-digit %'s in Q1 '22 and full year 2021, and Q2 '22 should be another good quarter. Valuations, performance, debt load, and yield vs. its industry are covered in this article.
Golden Ocean Group Limited (NASDAQ:GOGL) is another high yielder in the marine shipping industry. GOGL owns and operates a fleet of 87 dry bulk vessels comprised of Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and long term charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. It was formed in 1996, and is based in Bermuda.
Source: Seeking Alpha
Related Articles:
14% Yield, Low Debt, Strong Earnings
Posted by D4L | Monday, July 04, 2022 | analysis | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.