Is It Smart To Buy Global Ship Lease, Inc. (NYSE:GSL) Before It Goes Ex-Dividend?

Simply Wall St.11-17 20:19

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Global Ship Lease, Inc. (NYSE:GSL) is about to trade ex-dividend in the next four days. The ex...

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The ex...</p>\n\n<a href=\"https://finance.yahoo.com/news/smart-buy-global-ship-lease-121908434.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>Is It Smart To Buy Global Ship Lease, Inc. 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(NYSE:GSL) Before It Goes Ex-Dividend?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-17 20:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/smart-buy-global-ship-lease-121908434.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Global Ship Lease, Inc. (NYSE:GSL) is about to trade ex-dividend in the next four days. The ex...</p>\n\n<a href=\"https://finance.yahoo.com/news/smart-buy-global-ship-lease-121908434.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":"NYSE","symbol_name":"纽交所","start_time":0,"source_url":"https://finance.yahoo.com/news/smart-buy-global-ship-lease-121908434.html","article_id":"2484633610","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=2484633610","pubTimestamp":1731845948,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Global Ship Lease, Inc.  is about to trade ex-dividend in the next four days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Therefore, if you purchase Global Ship Lease's shares on or after the 22nd of November, you won't be eligible to receive the dividend, when it is paid on the 4th of December.The company's upcoming dividend is US$0.45 a share, following on from the last 12 months, when the company distributed a total of US$1.80 per share to shareholders. Last year's total dividend payments show that Global Ship Lease has a trailing yield of 7.6% on the current share price of US$23.65. We love seeing compan","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NYSE":"纽交所","GSL":"环球租船","BK4021":"海运"},"translate_title":"在全球船舶租赁公司（纽约证券交易所代码：GSL）除息前购买该公司是否明智？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GSL":1,"NYSE":1},"content_text":"Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Global Ship Lease, Inc. (NYSE:GSL) is about to trade ex-dividend in the next four days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Therefore, if you purchase Global Ship Lease's shares on or after the 22nd of November, you won't be eligible to receive the dividend, when it is paid on the 4th of December. \n The company's upcoming dividend is US$0.45 a share, following on from the last 12 months, when the company distributed a total of US$1.80 per share to shareholders. Last year's total dividend payments show that Global Ship Lease has a trailing yield of 7.6% on the current share price of US$23.65. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! So we need to check whether the dividend payments are covered, and if earnings are growing. \n See our latest analysis for Global Ship Lease \n Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. Global Ship Lease paid out just 18% of its profit last year, which we think is conservatively low and leaves plenty of margin for unexpected circumstances. A useful secondary check can be to evaluate whether Global Ship Lease generated enough free cash flow to afford its dividend. It paid out 16% of its free cash flow as dividends last year, which is conservatively low. \n It's positive to see that Global Ship Lease's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. \n Click here to see the company's payout ratio, plus analyst estimates of its future dividends. \n\n\n\n  NYSE:GSL Historic Dividend November 17th 2024\n \n\nHave Earnings And Dividends Been Growing?\n Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. That's why it's comforting to see Global Ship Lease's earnings have been skyrocketing, up 44% per annum for the past five years. With earnings per share growing rapidly and the company sensibly reinvesting almost all of its profits within the business, Global Ship Lease looks like a promising growth company. \n The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Global Ship Lease's dividend payments per share have declined at 6.2% per year on average over the past nine years, which is uninspiring. It's unusual to see earnings per share increasing at the same time as dividends per share have been in decline. We'd hope it's because the company is reinvesting heavily in its business, but it could also suggest business is lumpy. \n The Bottom Line \n Has Global Ship Lease got what it takes to maintain its dividend payments? Global Ship Lease has grown its earnings per share while simultaneously reinvesting in the business. Unfortunately it's cut the dividend at least once in the past nine years, but the conservative payout ratio makes the current dividend look sustainable. It's a promising combination that should mark this company worthy of closer attention. \n In light of that, while Global Ship Lease has an appealing dividend, it's worth knowing the risks involved with this stock. To that end, you should learn about the 2 warning signs we've spotted with Global Ship Lease (including 1 which is concerning). \n A common investing mistake is buying the first interesting stock you see. Here you can find a full 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/2484633610"}