Back to GSL overview

GSL Global Ship Lease dividend history, payout ratio & dates

Global Ship Lease's most recent quarterly dividend payment of $0.375 per share was made to shareholders on record before Feb 21, 2024. The payout stands at $1.5 per share annually, which works out to a dividend yield of 7.28%.

Key dates

  • GSL last dividend date: Feb 21, 2024
  • GSL next dividend date: Not announced
GSL dividend stats
DPS
$1.5
Dividend yield
7.28%
Payout ratio
17.7%
vs. Industrials sector
Dividend yield
1.42%
Payout ratio
29.6%

Dividend yield

What is Global Ship Lease current dividend yield

Global Ship Lease's dividend yield of 7.28% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.42%, Global Ship Lease's dividend yield is 413% higher.

Dividend history

What is GSL dividend payout history and dates

Global Ship Lease has been paying dividends consistently since 2021. According to our data GSL has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone up by 0.3% from a year ago, the dividend yield has decreased by 0.3%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 21, 2024 Mar 6, 2024 Feb 12, 2024 $0.375 normal
Nov 22, 2023 Dec 4, 2023 Nov 9, 2023 $0.375 normal
Aug 22, 2023 Sep 4, 2023 Aug 3, 2023 $0.375 normal
May 23, 2023 Jun 2, 2023 May 10, 2023 $0.375 normal
Feb 21, 2023 Mar 6, 2023 Feb 9, 2023 $0.375 normal
Nov 21, 2022 Dec 2, 2022 Nov 9, 2022 $0.375 normal
Aug 22, 2022 Sep 2, 2022 Aug 4, 2022 $0.375 normal
May 23, 2022 Jun 2, 2022 May 9, 2022 $0.375 normal
Feb 18, 2022 Mar 4, 2022 Feb 10, 2022 $0.25 normal
Nov 19, 2021 Dec 2, 2021 Nov 8, 2021 $0.25 normal
Aug 20, 2021 Sep 3, 2021 Aug 5, 2021 $0.25 normal
May 21, 2021 Jun 3, 2021 May 10, 2021 $0.25 normal

Global Ship Lease dividend payout ratio

What is Global Ship Lease dividend payout ratio compared to the sector

Payout ratio

Global Ship Lease's payout ratio of 17.7% is below the Industrials sector and the industry average. If we compare it with its Industrials sector average of 29.6%, Global Ship Lease's payout ratio is 40% lower.

Total amount of dividends paid per financial year (from cash flow)

GSL dividend vs peer dividends

How does GSL dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
GSL Global Ship Lease Inc 7.28% $1.5 17.7%
DAC Danaos Corporation 4.28% $3.1 10.7%
CMRE Costamare Inc 4% $0.46 15.6%
AL Air Lease Corp 2.03% $0.81 15.7%

Frequently asked questions

Does Global Ship Lease pay a dividend?

Yes, Global Ship Lease has paid four dividends in the last 12 months. GSL has been paying dividends since 2021.

When is Global Ship Lease's next dividend?

Currently GSL's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.

When was GSL's last dividend?

Global Ship Lease's last dividend ex-date was on Feb 21, 2024. The dividend amount was $0.375 per share.

How much dividend does Global Ship Lease pay (per share)?

On an annual basis GSL pays $1.5 per share.

What is Global Ship Lease's dividend yield?

Global Ship Lease's current dividend yield is 7.28%.

How often does Global Ship Lease pay dividends?

Global Ship Lease has a quarterly dividend frequency.

What is Global Ship Lease's dividend payout ratio?

Global Ship Lease's dividend payout ratio is 17.7%.

Does Global Ship Lease pay a good dividend?

Global Ship Lease's dividend yield is above the Industrials sector average.