Global Ship Lease Dividend
Dividend criteria checks 4/6
Global Ship Lease is a dividend paying company with a current yield of 6.58% that is well covered by earnings.
Key information
6.6%
Dividend yield
18%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$8.41 |
Dividend yield forecast in 3Y | 6.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GSL.PRB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GSL.PRB 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.PRB) | 6.6% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Shipping) | 3.9% |
Analyst forecast in 3 Years (GSL.PRB) | 6.6% |
Notable Dividend: GSL.PRB's dividend (6.58%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: GSL.PRB's dividend (6.58%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), GSL.PRB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.7%), GSL.PRB's dividend payments are well covered by cash flows.