Global Ship Lease, Inc.

NYSE:GSL Stock Report

Market Cap: US$744.9m

Global Ship Lease Dividend

Dividend criteria checks 4/6

Global Ship Lease is a dividend paying company with a current yield of 7.08% that is well covered by earnings.

Key information

7.1%

Dividend yield

18%

Payout ratio

Industry average yield4.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$8.41
Dividend yield forecast in 3Y7.1%

Recent dividend updates

Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

Feb 16
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

Global Ship Lease's (NYSE:GSL) Dividend Will Be $0.375

Nov 12
Global Ship Lease's (NYSE:GSL) Dividend Will Be $0.375

Recent updates

Global Ship Lease Stock Looks Good, But I Have Some Concerns (Rating Downgrade)

Apr 18

Global Ship Lease: Predictable 7% Dividend, But Aging Fleet Is A Concern

Mar 25

Global Ship Lease: Time To Sell The Preferreds (And Buy The Common Shares)

Mar 12

Global Ship Lease's (NYSE:GSL) Returns On Capital Are Heading Higher

Mar 05
Global Ship Lease's (NYSE:GSL) Returns On Capital Are Heading Higher

Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

Feb 16
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

Global Ship Lease: Is 7% Dividend Yield Worth Given Cyclical Industry?

Feb 14

Global Ship Lease: Red Sea Crisis Unlikely To Significantly Boost Profits

Jan 28

Global Ship Lease: Very Undervalued, 7% Yield, Low Leverage

Jan 07

Global Ship Lease's (NYSE:GSL) Dividend Will Be $0.375

Nov 12
Global Ship Lease's (NYSE:GSL) Dividend Will Be $0.375

Global Ship Lease: 8% Yield, Very Undervalued, Buy Rating

Oct 06

Global Ship Lease: Dirt Cheap For Locked In Revenues

Aug 25

Global Ship Lease (NYSE:GSL) Has Announced A Dividend Of $0.375

Aug 13
Global Ship Lease (NYSE:GSL) Has Announced A Dividend Of $0.375

Global Ship Lease Stock Is Still A Good-Looking Dividend Buy

Aug 12

Global Ship Lease: The 8.7% Preferred Dividend Is Well-Covered

Jul 22

Is Global Ship Lease (NYSE:GSL) A Risky Investment?

Jun 08
Is Global Ship Lease (NYSE:GSL) A Risky Investment?

Global Ship Lease: Stock Offers 8% Yield, Undervalued, 97% Chartered In 2023

Jun 02

Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

May 16
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

Is There An Opportunity With Global Ship Lease, Inc.'s (NYSE:GSL) 42% Undervaluation?

Mar 14
Is There An Opportunity With Global Ship Lease, Inc.'s (NYSE:GSL) 42% Undervaluation?

Global Ship Lease (NYSE:GSL) Shareholders Will Want The ROCE Trajectory To Continue

Feb 28
Global Ship Lease (NYSE:GSL) Shareholders Will Want The ROCE Trajectory To Continue

At US$19.37, Is Global Ship Lease, Inc. (NYSE:GSL) Worth Looking At Closely?

Feb 06
At US$19.37, Is Global Ship Lease, Inc. (NYSE:GSL) Worth Looking At Closely?

Global Ship Lease: Undervalued, Well-Covered 8% Yield, Long-Term Charters

Jan 22

Global Ship Lease: This Massive 9% Yield Is A Buy

Dec 08

Global Ship Lease: Trends Point To Shares Being Undervalued

Nov 15

Global Ship Lease Q3 2022 Earnings Preview

Nov 08

Global Ship Lease: 9% Yield, Strong Earnings, Undervalued

Oct 28

Global Ship Lease: Pummeled By Recession Fears For Strong Buyers To Accumulate

Oct 10

Global Ship Lease's 9.5% Yield + Its Preferred's 8.7% Yield = The Ultimate Upside/Income Combo

Sep 26

Global Ship Lease: Lopsided Risk-Reward

Sep 06

Global Ship Lease announces forward charter agreements

Aug 30

Global Ship Lease (NYSE:GSL) Is Looking To Continue Growing Its Returns On Capital

Aug 28
Global Ship Lease (NYSE:GSL) Is Looking To Continue Growing Its Returns On Capital

Is Now The Time To Look At Buying Global Ship Lease, Inc. (NYSE:GSL)?

Aug 12
Is Now The Time To Look At Buying Global Ship Lease, Inc. (NYSE:GSL)?

Global Ship Lease declares $0.375 dividend

Aug 04

Does Global Ship Lease (NYSE:GSL) Have A Healthy Balance Sheet?

Jul 23
Does Global Ship Lease (NYSE:GSL) Have A Healthy Balance Sheet?

Global Ship Lease (NYSE:GSL) Will Pay A Larger Dividend Than Last Year At US$0.38

May 15
Global Ship Lease (NYSE:GSL) Will Pay A Larger Dividend Than Last Year At US$0.38

If You Like EPS Growth Then Check Out Global Ship Lease (NYSE:GSL) Before It's Too Late

May 04
If You Like EPS Growth Then Check Out Global Ship Lease (NYSE:GSL) Before It's Too Late

Global Ship Lease (NYSE:GSL) Takes On Some Risk With Its Use Of Debt

Apr 19
Global Ship Lease (NYSE:GSL) Takes On Some Risk With Its Use Of Debt

Return Trends At Global Ship Lease (NYSE:GSL) Aren't Appealing

Mar 03
Return Trends At Global Ship Lease (NYSE:GSL) Aren't Appealing

What Does Global Ship Lease, Inc.'s (NYSE:GSL) Share Price Indicate?

Jan 18
What Does Global Ship Lease, Inc.'s (NYSE:GSL) Share Price Indicate?

Here's Why Global Ship Lease (NYSE:GSL) Has A Meaningful Debt Burden

Jan 05
Here's Why Global Ship Lease (NYSE:GSL) Has A Meaningful Debt Burden

Global Ship Lease: Great Upside Seasoned With A 7% Dividend Yield

Dec 13

The Returns At Global Ship Lease (NYSE:GSL) Aren't Growing

Dec 02
The Returns At Global Ship Lease (NYSE:GSL) Aren't Growing

Is It Time To Consider Buying Global Ship Lease, Inc. (NYSE:GSL)?

Oct 19
Is It Time To Consider Buying Global Ship Lease, Inc. (NYSE:GSL)?

Is Global Ship Lease (NYSE:GSL) Using Too Much Debt?

Oct 06
Is Global Ship Lease (NYSE:GSL) Using Too Much Debt?

Global Ship Lease's Preferred Shares: A Bet On Them Not Being Called

Sep 02

Global Ship Lease's (NYSE:GSL) Returns Have Hit A Wall

Sep 02
Global Ship Lease's (NYSE:GSL) Returns Have Hit A Wall

Stability 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
How does GSL dividend yield compare to the market?
SegmentDividend Yield
Company (GSL)7.1%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.9%
Industry Average (Shipping)4.1%
Analyst forecast in 3 Years (GSL)7.1%

Notable Dividend: GSL's dividend (7.08%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: GSL's dividend (7.08%) is in the top 25% of dividend payers in the US market (4.88%)


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18%), GSL's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (23.7%), GSL's dividend payments are well covered by cash flows.


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