NYSE:GSLShipping
Global Ship Lease (GSL) Preferred Dividend Keeps Undervalued Narrative In Focus
Global Ship Lease (GSL) has declared a cash dividend of $0.546875 per depositary share on its 8.75% Series B preferred stock, covering the quarter through September 30 and payable on October 1.
Global Ship Lease shares trade at US$45.84 after a slight dip on the day. However, the 90-day share price return of 19.62% and year-to-date share price return of 31.27% suggest momentum has been building, supported by a 1-year total shareholder return of 53.47% and a very large 3-year total shareholder...