--- title: "Global Ship Lease, Inc. Announces Quarterly Dividend of $0.62 (NYSE:GSL)" type: "News" locale: "en" url: "https://longbridge.com/en/news/296347992.md" description: "Global Ship Lease, Inc. (NYSE: GSL) declared a quarterly dividend of $0.625 per share. The ex-dividend date is August 21st, with payment scheduled for September 3rd to investors of record. This dividend represents an annualized yield of 5.8%. The company has a dividend payout ratio of 27.4%, indicating earnings coverage. Analysts expect EPS of $10.10 next year, supporting the sustainability of the annualized $2.50 dividend." datetime: "2026-08-19T11:30:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296347992.md) - [en](https://longbridge.com/en/news/296347992.md) - [zh-HK](https://longbridge.com/zh-HK/news/296347992.md) generator: "portal-rs" --- # Global Ship Lease, Inc. Announces Quarterly Dividend of $0.62 (NYSE:GSL) **Global Ship Lease, Inc.** (NYSE:GSL - Get Free Report) announced a quarterly dividend on Thursday, July 30th. Investors of record on Friday, August 21st will be given a dividend of 0.625 per share by the shipping company on Thursday, September 3rd. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date is Friday, August 21st. Get **Global Ship Lease** alerts: Global Ship Lease has a dividend payout ratio of 27.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Global Ship Lease to earn $10.10 per share next year, which means the company should continue to be able to cover its $2.50 annual dividend with an expected future payout ratio of 24.8%. ## Global Ship Lease Trading Down 0.4% NYSE GSL opened at $43.20 on Wednesday. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 4.15 and a beta of 0.90. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.13 and a quick ratio of 2.06. Global Ship Lease has a 12 month low of $27.28 and a 12 month high of $44.69. The company's fifty day moving average price is $40.66 and its two-hundred day moving average price is $39.41. Global Ship Lease (NYSE:GSL - Get Free Report) last released its earnings results on Wednesday, August 5th. The shipping company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.06. The company had revenue of $198.69 million during the quarter, compared to the consensus estimate of $186.85 million. Global Ship Lease had a net margin of 49.10% and a return on equity of 19.92%. The company's revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.67 EPS. As a group, research analysts predict that Global Ship Lease will post 9.62 earnings per share for the current fiscal year. ## About Global Ship Lease (Get Free Report) Global Ship Lease NYSE: GSL is a Bermuda-based containership charter owner focused on acquiring, owning and leasing modern, fuel-efficient vessels to major liner operators. Founded in 2011 and listed on the New York Stock Exchange the same year, the company’s fleet primarily comprises post-Panamax containerships designed to serve the high-volume Asia–Europe and transpacific shipping lanes. By specializing in long-term charter agreements, Global Ship Lease aims to maintain stable revenue streams and minimize spot-market volatility. The company’s business model centers on negotiating multi-year time charters with leading global shipping lines. ## Recommended Stories - Five stocks we like better than Global Ship Lease - The AI Boom Is Turning This Cable Maker Into a Stock to Watch - A Star Investor Just Trimmed Amazon—Here's What It means - Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look - Home Depot Analysts See a Path to $375 and Beyond *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Global Ship Lease Right Now? Before you consider Global Ship Lease, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Global Ship Lease wasn't on the list. While Global Ship Lease currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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