5 High Dividend Stocks with Over 12% Yield

2. Golden Ocean Group Limited (NASDAQ:GOGL)

Dividend Yield: 24.13%

Number of Hedge Fund Holders: 13

Golden Ocean Group Limited (NASDAQ:GOGL), a dry bulk shipping company headquartered in Hamilton, Bermuda, is one of the best high dividend stocks, offering a dividend yield of 24.13%. Golden Ocean Group Limited (NASDAQ:GOGL) declared a quarterly dividend per share of $0.85 on December 7, which reflected a 70% increase from the prior quarter dividend of $0.50. The dividend would be payable on December 16 to shareholders of record on December 9. 

Golden Ocean Group Limited (NASDAQ:GOGL) posted on November 24 its Q3 results. EPS in the quarter equaled $0.92, beating estimates by $0.27. The revenue jumped 115.95% year-over-year to $305.88 million, outperforming estimates by $43.93 million. 

Arrowstreet Capital, the leading stakeholder of Golden Ocean Group Limited (NASDAQ:GOGL), increased its stake in the company by 4% in the third quarter. The hedge fund holds 4.3 million Golden Ocean Group Limited (NASDAQ:GOGL) shares, worth $45.88 million. A total of 13 hedge funds were bullish on the stock in Q3, with total stakes amounting to $106.5 million.