Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.45

Simply Wall St.11-14

The board of Global Ship Lease, Inc. (NYSE:GSL) has announced that it will pay a dividend of $0.45 per share on the 4th of December. The payment will take the dividend yield to 7.4%, which is in line ...

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The payment will take the dividend yield to 7.4%, which is in line ...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-ship-lease-nyse-gsl-112915756.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.45</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.45\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 19:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-ship-lease-nyse-gsl-112915756.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The board of Global Ship Lease, Inc. (NYSE:GSL) has announced that it will pay a dividend of $0.45 per share on the 4th of December. The payment will take the dividend yield to 7.4%, which is in line ...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-ship-lease-nyse-gsl-112915756.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GSL","symbol_name":"环球租船","start_time":0,"source_url":"https://finance.yahoo.com/news/global-ship-lease-nyse-gsl-112915756.html","article_id":"2483071873","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/WKBMz3ng.Htz7gwGfuCX3w--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/81b504139a1f8533532068eb78985d92"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483071873","pubTimestamp":1731583755,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The board of Global Ship Lease, Inc.  has announced that it will pay a dividend of $0.45 per share on the 4th of December. The payment will take the dividend yield to 7.4%, which is in line with the average for the industry.Check out our latest analysis for Global Ship Lease. Global Ship Lease's Projected Earnings Seem Likely To Cover Future Distributions. We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. However, Global Ship Lease's earnings easily cover the dividend. This means that most of its earnings are being retained to grow the business.Looking forward, earnings per share is forecast to fall by 20.3% over the next year. If the dividend continues along recent trends, we estimate the payout ratio could be 24%, which we consider to be quite comfortable, with most of the company's earnings left over to grow the business in the future.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GSL":"环球租船","NYSE":"纽交所","BK4021":"海运"},"translate_title":"Global Ship Lease(NYSE：GSL)将支付0.45美元的股息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GSL":1,"NYSE":1},"content_text":"The board of Global Ship Lease, Inc. (NYSE:GSL) has announced that it will pay a dividend of $0.45 per share on the 4th of December. The payment will take the dividend yield to 7.4%, which is in line with the average for the industry. \n Check out our latest analysis for Global Ship Lease \nGlobal Ship Lease's Projected Earnings Seem Likely To Cover Future Distributions\n We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. However, Global Ship Lease's earnings easily cover the dividend. This means that most of its earnings are being retained to grow the business. \n Looking forward, earnings per share is forecast to fall by 20.3% over the next year. If the dividend continues along recent trends, we estimate the payout ratio could be 24%, which we consider to be quite comfortable, with most of the company's earnings left over to grow the business in the future. \n\n\n\n  NYSE:GSL Historic Dividend November 14th 2024\n \n\nGlobal Ship Lease's Dividend Has Lacked Consistency\n Looking back, Global Ship Lease's dividend hasn't been particularly consistent. If the company cuts once, it definitely isn't argument against the possibility of it cutting in the future. Since 2015, the annual payment back then was $3.20, compared to the most recent full-year payment of $1.80. Doing the maths, this is a decline of about 6.2% per year. Generally, we don't like to see a dividend that has been declining over time as this can degrade shareholders' returns and indicate that the company may be running into problems. \nThe Dividend Looks Likely To Grow\n With a relatively unstable dividend, and a poor history of shrinking dividends, it's even more important to see if EPS is growing. It's encouraging to see that Global Ship Lease has been growing its earnings per share at 52% a year over the past three years. Rapid earnings growth and a low payout ratio suggest this company has been effectively reinvesting in its business. Should that continue, this company could have a bright future. \nGlobal Ship Lease Looks Like A Great Dividend Stock\n In summary, it is always positive to see the dividend being increased, and we are particularly pleased with its overall sustainability. The earnings easily cover the company's distributions, and the company is generating plenty of cash. We should point out that the earnings are expected to fall over the next 12 months, which won't be a problem if this doesn't become a trend, but could cause some turbulence in the next year. All in all, this checks a lot of the boxes we look for when choosing an income stock. \n Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. For example, we've identified 2 warning signs for Global Ship Lease (1 is significant!) that you should be aware of before investing. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483071873"}