Global Ship Lease Dividends and Buybacks
Dividend criteria checks 4/6
Global Ship Lease is a dividend paying company with a current yield of 8.36% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
8.4%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 9.1% |
| Future Dividend Yield | 8.4% |
| Dividend Growth | 13.5% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | US$1.800 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.45
Nov 14
Global Ship Lease (NYSE:GSL) Is Increasing Its Dividend To $0.45
Aug 17Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375
May 13Recent updates
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.45
Nov 14Why Global Ship Lease, Inc. (NYSE:GSL) Could Be Worth Watching
Oct 30Is Global Ship Lease, Inc. (NYSE:GSL) Worth US$23.1 Based On Its Intrinsic Value?
Sep 09Global Ship Lease: Raised Dividend By 20%, Very Undervalued
Sep 06Global Ship Lease (NYSE:GSL) Is Increasing Its Dividend To $0.45
Aug 17Global Ship Lease: Most Likely Still Marginally Undervalued, A Moderate Buy
Jul 17Global Ship Lease (NYSE:GSL) Knows How To Allocate Capital Effectively
Jul 11Global Ship Lease, Inc. Might Have Already Sailed
Jul 04Is Global Ship Lease (NYSE:GSL) Using Too Much Debt?
Jun 25Global Ship Lease, Inc. (NYSE:GSL) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Jun 06We Like Global Ship Lease's (NYSE:GSL) Earnings For More Than Just Statutory Profit
Jun 01Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375
May 13Global Ship Lease Stock Looks Good, But I Have Some Concerns (Rating Downgrade)
Apr 18Global Ship Lease: Predictable 7% Dividend, But Aging Fleet Is A Concern
Mar 25Global Ship Lease: Time To Sell The Preferreds (And Buy The Common Shares)
Mar 12Global Ship Lease's (NYSE:GSL) Returns On Capital Are Heading Higher
Mar 05Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375
Feb 16Global Ship Lease: Is 7% Dividend Yield Worth Given Cyclical Industry?
Feb 14Global Ship Lease: Red Sea Crisis Unlikely To Significantly Boost Profits
Jan 28Global Ship Lease: Very Undervalued, 7% Yield, Low Leverage
Jan 07Global Ship Lease's (NYSE:GSL) Dividend Will Be $0.375
Nov 12Global Ship Lease: 8% Yield, Very Undervalued, Buy Rating
Oct 06Global Ship Lease: Dirt Cheap For Locked In Revenues
Aug 25Global Ship Lease (NYSE:GSL) Has Announced A Dividend Of $0.375
Aug 13Global Ship Lease Stock Is Still A Good-Looking Dividend Buy
Aug 12Global Ship Lease: The 8.7% Preferred Dividend Is Well-Covered
Jul 22Is Global Ship Lease (NYSE:GSL) A Risky Investment?
Jun 08Global Ship Lease: Stock Offers 8% Yield, Undervalued, 97% Chartered In 2023
Jun 02Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375
May 16Is There An Opportunity With Global Ship Lease, Inc.'s (NYSE:GSL) 42% Undervaluation?
Mar 14Global Ship Lease (NYSE:GSL) Shareholders Will Want The ROCE Trajectory To Continue
Feb 28At US$19.37, Is Global Ship Lease, Inc. (NYSE:GSL) Worth Looking At Closely?
Feb 06Global Ship Lease: Undervalued, Well-Covered 8% Yield, Long-Term Charters
Jan 22Global Ship Lease: This Massive 9% Yield Is A Buy
Dec 08Global Ship Lease: Trends Point To Shares Being Undervalued
Nov 15Global Ship Lease Q3 2022 Earnings Preview
Nov 08Global Ship Lease: 9% Yield, Strong Earnings, Undervalued
Oct 28Global Ship Lease: Pummeled By Recession Fears For Strong Buyers To Accumulate
Oct 10Global Ship Lease's 9.5% Yield + Its Preferred's 8.7% Yield = The Ultimate Upside/Income Combo
Sep 26Global Ship Lease: Lopsided Risk-Reward
Sep 06Global Ship Lease announces forward charter agreements
Aug 30Global Ship Lease (NYSE:GSL) Is Looking To Continue Growing Its Returns On Capital
Aug 28Is Now The Time To Look At Buying Global Ship Lease, Inc. (NYSE:GSL)?
Aug 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GSL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GSL has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Global Ship Lease Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GSL) | 8.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Shipping) | 10.0% |
| Analyst forecast (GSL) (up to 3 years) | 8.4% |
Notable Dividend: GSL's dividend (8.36%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: GSL's dividend (8.36%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.3%), GSL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16%), GSL's dividend payments are well covered by cash flows.