Current Report: Global Ship Lease Inc
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Global Ship Lease Inc (GSL) was founded in 2007 and is based in Athens, Greece.
The Corporation engages 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.
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 indicate if any company has made, is making, and will make money.
GSL Price
Global Ship's share price grew about 13.7% from $26.90 to $30.58 over the past year, as of Tuesday’s price.
Three analysts cover the stock, and the median of their one-year target estimates suggests the GSL stock price growing to $35.50 over the coming year.
GSL Dividends
Global has paid annually dividends quarterly since June 3, 2021.
The current forward-looking annual dividend of $2.10 yields 6.87% per Tuesday’s $30.58 share price.
GSL Returns
Putting it all together, a $7.02 estimated gross gain per share shows up when adding GSL’s annual $2.10 dividend to an estimated $4.92 annual price gain.
A little over $1000 invested at the recent $30.58 share price would buy 33 shares which, multiply the $7.02 gross gain to an estimated $229.56 for the coming year.
About 30% of that $230.00 gain comes from the $68.70 in annual dividends generated from your $1,000 investment.
Besides, the $68.70 annual dividend from your $1k investment is nearly 2.25 times greater than the recent $30.58 single-share price.
(A dividend dogcatcher rule is to only first purchase 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 GSL to get that current $68.70 annual dividend income that has been paid out over the past 5 years.
The exact track of GSL’s future share price and dividends will entirely be 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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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...
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