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Global Ship Lease, Inc. (GSL) was founded in 2007 and is based in Athens, Greece

The company and its subsidiaries engage in owning and chartering containerships under fixed-rate charters to container shipping companies worldwide.

As of March 10, 2025, it owned 70 mid-sized and smaller containerships.

Ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), those 70 ships have an aggregate capacity of 404,681 TEU.

The company was formerly known as Marathon Acquisition Corp. and changed its name to Global Ship Lease, Inc. in August 2008.

Three key data points gauge GSL or any dividend-paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also show if any company has made, is making, and will make money.

GSL Price

Global’s share price decreased by over 10.5% in the past year, from $29.24 to $25.66 as of Monday’s closing price.

GSL Dividends

Global Ship Lease has paid variable quarterly dividends since June 2021.

The current forward-looking annual dividend of $2.10 yields 8.18% per Monday’s $25.66  closing price.

GSL Returns

Putting it all together, a $8.44 estimated gross gain per share shows up. 

Adding Global’s annual $2.10 dividend to an estimated $6.34 annual price gain (estimated by three analysts tracking GSL), makes that $8.44 gross gain.

A little under $1000 invested at the recent $25.66 per share price would buy 39 shares. The 39 shares multiplies the $8.44 gross gain total to $329.16.

Furthermore, almost 25% of that $329 gain comes from the $81.80 in annual dividends generated from your $1,000 investment. 

And the $81.80 annual dividend amounts to over 3 times the recent $25.66 single-share price.

(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you may choose to pounce on Global Ship Lease and its 8.18% dividend yield along with its 5-year dividend record.

The exact track of GSL's future share prices and dividends will be entirely determined by market action and company finances.

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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