GSL Dividend History - Global Ship Lease

Track the latest GSL dividend history! 7.76% Dividend Yield, 22.35% Annual Growth - Explore GSL's complete dividend history

Yield 12m 7.76%
Cash Amount 12m 1.65
Dividend Growth 5y avg 22.35%
Dividend Rating 72.95%
Yield on Cost 5y 23.81%
Payout Ratio current 16.6%
Payout Frequency 12m 4
Payout Consistency 26.5%
Total Return 12m: 18.79%
#9 in Group
Total Return 5y: 206.83%
#7 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Marine Transportation
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
GSL 754m 7.76% 23.8%
ZIM 2,523m 26.3% 130%
ECO 752m 17.6% 97.4%
SBLK 1,922m 16.9% 37.4%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
GSL 754m 22.4% 73.0%
DAC 1,585m 26.7% 64.3%
PANL 268m 30.7% 86.8%
FLNG 1,421m 102% 89.6%

GSL Dividend History - Last 23 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-11-22 0.45 2.02%
2024-08-23 2024-08-23 2024-09-04 Other 0.45 20% 1.76%
2024-05-23 2024-05-24 2024-06-03 Quarterly 0.375 1.38%
2024-02-21 2024-02-22 2024-03-06 Quarterly 0.375 1.88%
2023-11-22 2023-11-24 2023-12-04 Quarterly 0.375 2.14%
2023-08-22 2023-08-23 2023-09-04 Quarterly 0.375 1.96%
2023-05-23 2023-05-24 2023-06-02 Quarterly 0.375 2.04%
2023-02-21 2023-02-22 2023-03-06 Quarterly 0.375 1.96%
2022-11-21 2022-11-22 2022-12-02 Quarterly 0.375 2.19%
2022-08-22 2022-08-23 2022-09-02 Quarterly 0.375 2.1%
2022-05-23 2022-05-24 2022-06-02 Quarterly 0.375 50% 1.69%
2022-02-18 2022-02-22 2022-03-04 Quarterly 0.25 0.97%
2021-11-19 2021-11-22 2021-12-02 Quarterly 0.25 1.09%
2021-08-20 2021-08-23 2021-09-03 Quarterly 0.25 1.36%
2021-05-21 2021-05-24 2021-06-03 Quarterly 0.25 -54.3% 1.46%
2019-09-23 0.5469 -31.6%
2015-11-12 2015-11-16 2015-11-24 Quarterly 0.8 46.3%
2015-09-22 0.5469 446.9%
2015-08-17 0.1 -87.5%
2015-08-12 2015-08-14 2015-08-24 Quarterly 0.8 -56.5%
2009-02-18 2009-02-20 2009-03-05 Quarterly 1.84
2008-11-19 2008-11-21 2008-11-28 Quarterly 1.84
2008-09-30 2008-10-02 2008-10-14 Other 1.84

GSL Dividend History - FAQ

What is the Dividend Yield of GSL?

As of December 2024 GSL`s Dividend Yield is 7.76%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 1.65 USD by the current stock price of 21.25.

What is the long-term Dividend Growth Rate of GSL?

In the last 5 Years the Average Dividend Growth Rate was 22.35% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does GSL pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) GSL paid 4 times a dividend.

What is the Yield on Cost of GSL?

The 5 Year Yield-On-Cost is 23.81%. That's the effective dividend income you'd receive today if you purchased Global Ship Lease five years ago. It is calculated by the Rate of the last 12 Months (1.65) divided by the price 5 years ago (6.93).

What is the Payout Consistency of GSL?

GSL has a Payout Consistency of 26.5%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of GSL?

The Overall Dividend Rating of 72.95 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does GSL have a good Dividend Yield?

GSL`s 7.76% Dividend Yield is considered as: high.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for GSL?

The next Dividend Date for GSL is unknown.

What is the Dividend Payout Ratio of GSL?

The Dividend Payout Ratio of GSL is 16.6%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: GSL Outstanding Shares

What is the Trend of GSL`s Outstanding Shares?

The Outstanding Shares of Global Ship Lease are growing at a rate of 14.50% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 10.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Global Ship Lease ever had a Stock Split?

Yes, last Stock Split was on 2019-03-25 with a factor of 1:8. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.12.
Year Number of Shares (Mill.) Growth Rate
2006 3000000
2007 7000000 +133.33%
2008 5110000 -27%
2009 6760000 +32.29%
2010 6850000 +1.33%
2011 6860000 +0.15%
2012 5957000 -13.16%
2013 5974400 +0.29%
2014 5970800 -0.06%
2015 6905900 +15.66%
2016 6909200 +0.05%
2017 6922800 +0.2%
2018 8539200 +23.35%
2019 17630800 +106.47%
2020 17991000 +2.04%
2021 36464100 +102.68%
2022 36073200 -1.07%
2023 35203700 -2.41%
2024 35411600 +0.59%