SmarterDividends
GSL

Global Ship Lease, Inc.

GSL

Industrials · Marine Shipping · Stock · quarterly payer

$41.99

Undervalued · +71% Add to Portfolio

Forward Yield

5.95%

Annual Dividend

$2.50

Payout Ratio

23%

5-Yr Growth

—

Ex-Date

Aug 21, 2026

Frequency

Quarterly

Key facts about GSL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Global Ship Lease, Inc. (GSL) has a forward dividend yield of 5.95%, based on an annual dividend of $2.50 per share and a share price of $41.99.
  • As of Oct 27, 2026, GSL's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Global Ship Lease, Inc. (GSL) has raised its dividend for 4 consecutive years as of Oct 27, 2026.
  • GSL last cut its regular dividend in 2021.
  • GSL's most recent ex-dividend date was Aug 21, 2026, for a dividend of $0.63 per share.
  • As of Oct 27, 2026, GSL pays out 23% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 27, 2026, GSL's 5.95% yield is 11% below its five-year average yield of 6.65%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for GSL is $71.62 per share, 71% above the $41.99 share price, so GSL screens as undervalued.
  • Global Ship Lease, Inc. (GSL) pays its dividend quarterly, 4 times a year.
  • Global Ship Lease, Inc. (GSL) has raised its regular dividend 4 times and cut it 0 times across the 27 payments on record since 2008. Its most recent change was a 19.0% increase to $0.625 per share, going ex-dividend on Nov 21, 2025.
Cite this page

SmarterDividends, "GSL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/GSL

Summary

As of Oct 27, 2026, Global Ship Lease, Inc. (GSL) yields 5.95% ($2.50 a year per share), has a dividend safety grade of C (63/100) and has 4 consecutive years of dividend increases on record.

Is GSL a good dividend stock?

Yes, with caveats

Global Ship Lease, Inc. (GSL) pays a quarterly dividend yielding 5.95% ($2.50/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (23%)
  • 84% total price return over 5 years

Risks

  • Cut its dividend in 2021

Key Data

Dividend Yield
5.95%
Payout Ratio
23%
Annual Dividend
$2.50
5-Yr Avg Growth
—
Ex-Dividend Date
Aug 21, 2026
Years of Growth
4
Frequency
quarterly
Beta
0.95
Market Cap
$1.5B
P/E Ratio
4.1
5-Yr Total Return
84%
52-Week Range
$28.76 – $46.57
Dividend Safety
C · 63/100
Ever Cut?
Yes (2021)

GSL dividend raises and cuts

Global Ship Lease, Inc. (GSL) has raised its regular dividend 4 times and cut it 0 times across the 27 payments on record since 2008. Its most recent change was a 19.0% increase to $0.625 per share, going ex-dividend on Nov 21, 2025.

Ex-dateChangeOld → newMove
Nov 21, 2025Raise$0.525 → $0.625+19.0%
May 23, 2025Raise$0.450 → $0.525+16.7%
Aug 23, 2024Raise$0.375 → $0.450+20.0%
May 23, 2022Raise$0.250 → $0.375+50.0%
Every GSL payment →Download every raise and cut (CSV)
GSL ex-dividend date & scheduleNext ex-date Aug 21, 2026 · full ex-dividend historyView →GSL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GSL a good dividend stock?

Yes, with caveats. Global Ship Lease, Inc. (GSL) pays a quarterly dividend yielding 5.95% ($2.50/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is GSL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GSL's fair value is about $71.62 versus a $41.99 share price — so it looks undervalued (+71% vs. fair value).

Is GSL's dividend safe?

GSL has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

What is GSL's fair value?

Our blended fair-value estimate for GSL is about $71.62 per share, roughly 71% above the current $41.99 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GSL a buy, hold, or sell?

We don't issue formal ratings, but on the data GSL screens as "yes, with caveats" and undervalued. Global Ship Lease, Inc. (GSL) pays a quarterly dividend yielding 5.95% ($2.50/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will GSL cut its dividend?

GSL earns a dividend-safety grade of C (63/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GSL pay a dividend?

Yes. Global Ship Lease, Inc. pays a quarterly dividend of about $2.50 per share annually, a forward yield of roughly 5.95%.

What is GSL's dividend yield?

As of Oct 27, 2026, GSL's forward dividend yield is 5.95%, based on a $2.50 annual dividend and a $41.99 share price.

What is GSL's dividend per share?

As of Oct 27, 2026, GSL pays $2.50 per share per year, distributed on a quarterly basis.

What is GSL's dividend payout ratio?

As of Oct 27, 2026, GSL's payout ratio is 23% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has GSL grown its dividend?

As of Oct 27, 2026, GSL has increased its dividend for 4 consecutive years.

When is the next GSL ex-dividend date?

As of Oct 27, 2026, GSL's next ex-dividend date hasn't been announced. The most recent was Aug 21, 2026, for $0.63 per share.

Income Calculator

At $2.50 / yr per share

Per payment (quarterly)$62.50
Annual$250.00
Monthly avg$20.83

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