Global Ship Lease, Inc.
GSLIndustrials · Stock · quarterly payer
$37.92
Add to PortfolioForward Yield
6.59%
Annual Dividend
$2.50
Payout Ratio
22%
5-Yr Growth
—
Ex-Date
May 22, 2026
Frequency
Quarterly
GSL Dividend Safety Score
66/ 100
Grade B
Safe
Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage22% of earnings paid out
Free-cash-flow coverage36% of free cash flow
Balance-sheet strengthDebt/equity of 0.35
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is GSL a good dividend stock?
Yes, with caveatsGlobal Ship Lease, Inc. (GSL) pays a quarterly dividend yielding 6.59% ($2.50/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (22%)
- 96% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 6.59%
- Payout Ratio
- 22%
- Annual Dividend
- $2.50
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 22, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.88
- Market Cap
- $1.4B
- P/E Ratio
- 3.6
- 5-Yr Total Return
- 96%
- 52-Week Range
- $25.11 – $42.70
- Dividend Safety
- B · 66/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 22, 2026 | — | $0.6250 | regular |
| Feb 24, 2026 | — | $0.6250 | regular |
| Nov 21, 2025 | — | $0.6250 | regular |
| Aug 22, 2025 | — | $0.5250 | regular |
| May 23, 2025 | — | $0.5250 | regular |
| Feb 24, 2025 | — | $0.4500 | regular |
| Nov 22, 2024 | — | $0.4500 | regular |
| Aug 23, 2024 | — | $0.4500 | regular |
| May 23, 2024 | — | $0.3750 | regular |
| Feb 21, 2024 | — | $0.3750 | regular |
| Nov 22, 2023 | — | $0.3750 | regular |
| Aug 22, 2023 | — | $0.3750 | regular |
| May 23, 2023 | — | $0.3750 | regular |
| Feb 21, 2023 | — | $0.3750 | regular |
Income Calculator
At $2.50 / yr per share
Per payment (quarterly)$62.50
Annual$250.00
Monthly avg$20.83
