Global Ship Lease Announces 10% Increase in Quarterly Dividend

Global Ship Lease (GSL) has declared a quarterly dividend of $0.6875 per share, representing a 10% increase from the previous payout of $0.6250. This adjustment brings the company's forward dividend yield to approximately 6.67%. The dividend is scheduled to be payable on December 3, with the ex-dividend date and record date both set for November 20. This move follows recent strategic activities by the company, including the exercise of an option to build two new containerships at a cost of $163 million.

By https://seekingalpha.com/user/54603272/bio · Seeking Alpha ·

Global Ship Lease Announces 10% Increase in Quarterly Dividend

Tickers: $GSL

Topics: dividend increase quarterly dividend shipping industry

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