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
-
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...
-
GameStop (NYSE:GME) lost about 40% of its market value over the past three years, as rising digital downloads and declining mall traffic thr...
-
In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most...
-
These elite income producers have rallied this year. Their brilliance at producing passive income seems to have caught the market's eye ...
-
Investors buy dividend stocks for a few reasons. For one, they provide income via dividends that act as a bonus on top of capital appreciati...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
Since the market highs in July, stocks have been under considerable pressure. Indeed, 10-year Treasury yields are at the highest level since...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.