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Global Ship Lease Inc Stock Dividends Overview

GSL pays dividends quarterly. Last paid amount was $0.375 at Mar 06, 2024. As of today, dividend yield (TTM) is 7.88%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 7.88%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.375
Global Ship Lease Inc has not yet announced its next dividend date. Last payment date was: Mar 06, 2024.

GSL Dividend Payout History

To ensure a understanding of GSL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 12, 2024 Feb 21, 2024 Mar 06, 2024 $0.375 1.89%
2 Nov 09, 2023 Nov 22, 2023 Dec 04, 2023 $0.375 1.99%
3 Aug 03, 2023 Aug 22, 2023 Sep 04, 2023 $0.375 1.94%
4 May 10, 2023 May 23, 2023 Jun 02, 2023 $0.375 2.05%
5 Feb 09, 2023 Feb 21, 2023 Mar 06, 2023 $0.375 1.82%
6 Nov 09, 2022 Nov 21, 2022 Dec 02, 2022 $0.375 2.22%
7 Aug 04, 2022 Aug 22, 2022 Sep 02, 2022 $0.375 2.01%
8 May 09, 2022 May 23, 2022 Jun 02, 2022 $0.375 1.62%
9 Feb 10, 2022 Feb 18, 2022 Mar 04, 2022 $0.250 0.90%
10 Nov 10, 2021 Nov 19, 2021 Dec 02, 2021 $0.250 1.11%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (89.87%)

Growth potential

Stable (34.75%)

GSL Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GSL dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GSL stock here.

Comparing GSL to Sector and Country

GSL pays a solid dividend yield of 7.88%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.525%). GSL’s dividend yield is higher than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.49%).

GSL Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
NAT
Nordic American Tankers Limited 814.304M $0.120 11.80% 90.95%
International Seaways Inc 2.705B $1.32 11.21% 55.38%
GSL
Global Ship Lease Inc 800.886M $0.375 7.88% 20.62%
EBF
Ennis Inc 521.116M $0.250 4.73% 45.52%
Aspen Aerogels Inc 1.201B $0.730 0% -
Steel Partners Holdings LP 756.661M $0.150 0% 6.39%

FAQ

What factors can affect the amount of GSL's dividend payments?
The amount of GSL's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GSL sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GSL stock be automatically reinvested?
If GSL offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GSL stock.

How often does GSL pay dividend?
Global Ship Lease Inc (GSL) pays dividends quarterly. The most recent payout was on Mar 06, 2024.

How much does GSL pays per share?
The last recorder (Feb 21, 2024) dividend per share was $0.375.

What is GSL dividend growth rate?
Over the last year, Global Ship Lease Inc has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 14.47%. Furthermore, examining the past 5 years, Global Ship Lease Inc has maintained an average Dividends Per Share Growth Rate of 8.45%.
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About Global Ship Lease Inc

Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, it owned 65 mid-sized and smaller containerships with an aggregate capacity of 342,348 twenty-foot equivalent units. The company was founded in 2007 and is based in London, the United Kingdom.... GSL Profile

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StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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