GSL Dividend History & Analysis | 7.8% Yield

GSL has a dividend yield of 7.8% and paid 2.13 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 7.78%
Payout Ratio 27.0%
Growth Rate CAGR 5y 29.74%
Consistency Lifetime 33.4%
Yield on Cost 5y 22.18%
Payout FCF 55.9%
Streak Years 5
Dividend Rating 72.74%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 79.7%
Total Return 5y: 282.6%

Top Dividend Payers in Marine Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ZIM 2,792 M 26.7% 114%
FLNG 1,444 M 12.3% 62.4%
ESEA 396 M 5.71% 47.7%
ECO 1,582 M 7.78% 42.4%
HSHP 516 M 7.37% 16.1%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SHIP 228 M 38.2% 12.8%
ESEA 396 M 28.3% 44.7%
DAC 1,894 M 23.2% 32.5%
MATX 5,096 M 7.20% 94.6%
PANL 553 M 18.9% 69.9%

Quality Dividend Peers in Marine Transportation

ECO
Okeanis Eco Tankers
 7.78% Yield
ESEA
Euroseas
 5.71% Yield
DAC
Danaos
 3.89% Yield
MATX
Matson
 1.48% Yield
CMRE
Costamare
 4.02% Yield

GSL Dividend History: Last 27 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-11-21 2025-11-21 2025-12-04 Quarterly 0.625 19% 1.88%
2025-08-22 2025-08-22 2025-09-04 Quarterly 0.525 0% 1.78%
2025-05-23 2025-05-23 2025-06-03 Quarterly 0.525 16.7% 2.18%
2025-02-24 2025-02-24 2025-03-06 Quarterly 0.45 0% 2.02%
2024-11-22 2024-11-22 2024-12-04 Quarterly 0.45 0% 2.02%
2024-08-23 2024-08-23 2024-09-04 Quarterly 0.45 20% 1.76%
2024-05-23 2024-05-24 2024-06-03 Quarterly 0.375 0% 1.38%
2024-02-21 2024-02-22 2024-03-06 Quarterly 0.375 0% 1.88%
2023-11-22 2023-11-24 2023-12-04 Quarterly 0.375 0% 2.14%
2023-08-22 2023-08-23 2023-09-04 Quarterly 0.375 0% 1.96%
2023-05-23 2023-05-24 2023-06-02 Quarterly 0.375 0% 2.04%
2023-02-21 2023-02-22 2023-03-06 Quarterly 0.375 0% 1.96%
2022-11-21 2022-11-22 2022-12-02 Quarterly 0.375 0% 2.19%
2022-08-22 2022-08-23 2022-09-02 Quarterly 0.375 0% 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% 0.97%
2021-11-19 2021-11-22 2021-12-02 Quarterly 0.25 0% 1.09%
2021-08-20 2021-08-23 2021-09-03 Quarterly 0.25 0% 1.36%
2021-05-21 2021-05-24 2021-06-03 Quarterly 0.25 -54.3% 1.46%
2019-09-23 0.5469 446.9% N/A
2015-11-12 2015-11-16 2015-11-24 Quarterly 0.1 46.3% N/A
2015-09-22 0.0684 446.9% N/A
2015-08-17 0.0125 -87.5% N/A
2015-08-12 2015-08-14 2015-08-24 Quarterly 0.1 -56.5% N/A
2009-02-18 2009-02-20 2009-03-05 Quarterly 0.23 0% N/A
2008-11-19 2008-11-21 2008-11-28 Quarterly 0.23 0% N/A
2008-09-30 2008-10-02 2008-10-14 Other 0.23 0% N/A

GSL Dividend FAQ

Global Ship Lease, Inc. (NYSE:GSL) owns and operates a fleet of containerships that are leased on fixed-rate contracts to container carriers worldwide, providing exposure to the core demand for global containerized trade.

What is the Dividend Yield of GSL?

As of February 2026, GSL`s dividend yield is 7.78%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.13 USD by the current share price of 36.66.

Does GSL pay a dividend?

As of February 2026, GSL paid a dividend of 2.13 USD in the last 12 months. The last dividend was paid on 2025-11-21 and the payout was 0.625 USD.

How often does GSL pay dividends?

GSL pays dividends quarterly. Over the last 12 months, GSL has issued 4 dividend payments. The last dividend payment was made on 2025-11-21.

GSL dividend forecast

Based on historical data, the forecasted dividends per share for GSL for the next 4 payments are between 0.419 (-33.0%) and 0.468 (-25.1%).
This represents a significant dividend cut compared to the last payment.

Will GSL pay dividends in 2026?

The latest dividend paid per share was 0.625 USD with an Ex-Dividend Date of 2025-11-21. The next Ex-Dividend date for Global Ship Lease (GSL) is currently unknown.

What is the next Ex-Dividend Date for GSL?

The next Ex-Dividend date for Global Ship Lease (GSL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of GSL?

GSL's average dividend growth rate over the past 5 years is 29.7% per year.
Strong growth: GSL's Dividend growth is outpacing inflation.

What is the Yield on Cost of GSL?

GSL's 5-Year Yield on Cost is 22.2%. If you bought GSL's shares at 9.58 USD five years ago, your current annual dividend income (2.13 USD per share, trailing 12 months) equals 22.2% of your original purchase price.

What is the Payout Consistency of GSL?

GSL Payout Consistency is 33.4%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very unstable: Global Ship Lease has a poor track record of dividend payments over its lifetime.

Does GSL have a good Dividend Yield?

GSL`s 7.78% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of GSL?

The Dividend Payout Ratio of GSL is 27.0%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of GSL?

GSL`s Overall Dividend Rating is 72.74%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

GSL Outstanding Shares Analysis

What is the Trend in GSL's Outstanding Shares?

Global Ship Lease's outstanding shares have increased by approximately 0.78% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has GSL ever had a Stock Split?

Yes, the last stock split was on Mar 25, 2019 with a ratio of 1:8.

This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

Year Number of Shares Annual Growth Rate
2006 3,000,000
2007 7,000,000 +133.33%
2008 5,110,000 -27%
2009 6,760,000 +32.29%
2010 5,925,700 -12.34%
2011 6,860,000 +15.77%
2012 5,957,000 -13.16%
2013 5,974,400 +0.29%
2014 5,970,800 -0.06%
2015 6,905,900 +15.66%
2016 6,909,200 +0.05%
2017 6,922,800 +0.2%
2018 8,539,200 +23.35%
2019 17,630,800 +106.47%
2020 17,991,000 +2.04%
2021 36,464,100 +102.68%
2022 36,073,200 -1.07%
2023 35,203,700 -2.41%
2024 35,447,000 +0.69%
2025 35,757,200 +0.88%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-06 03:12