Global Ship Lease Dividends and Buybacks
Dividend criteria checks 4/6
Global Ship Lease is a dividend paying company with a current yield of 8.25% that is well covered by earnings.
Key information
8.2%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 9.0% |
| Future Dividend Yield | 8.2% |
| Dividend Growth | 13.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.800 |
| Payout ratio | 18% |
Recent dividend and buyback 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) | 8.2% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Shipping) | 10.3% |
| Analyst forecast (GSL.PRB) (up to 3 years) | 8.2% |
Notable Dividend: GSL.PRB's dividend (8.25%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: GSL.PRB's dividend (8.25%) 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.PRB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16%), GSL.PRB's dividend payments are well covered by cash flows.