Trailing Dividend / Share
$2.13
Global Ship Lease, Inc. (GSL) Dividend History
Income profile from 2008 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
5.6%
Payout Ratio
18.3%
Sustainable
Dividend Streak
4 years
GSL Dividend Income Check
Safety
18.3% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 18.1% and trend is unknown.
GSL Dividend Scorecard
Yield & Income
Dividend Yield5.6%
Trailing DPS$2.13
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout18.3%
Earnings SafetySustainable
FCF Payout18.9%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak4 years
3Y CAGR15.6%
5Y CAGR-4.8%
Yield on Cost (5Y)18.1%
YOC Trendunknown
Total Returns
Buyback Yield0.0%
Total Shareholder Yield5.6%
1Y Total Return50.5%
5Y Total Return127.8%
Div Contribution (5Y)41.3%
Estimated $10K growth (return + dividends):
5Y ago$22,78110Y ago$40,96820Y ago$9,381
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
GSL Income Growth Story
Dividend per share and yield on cost over time (9 years of payments)
GSL Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Global Ship Lease, Inc. distributes 18.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 18.9%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
GSL has raised its dividend for 4 consecutive years, with a 3-year CAGR of 15.6% and 5-year CAGR of -4.8%.
Total Shareholder Returns
Beyond cash dividends, GSL returns capital through share repurchases. The combined picture: 5.6% dividend yield, 5.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 18.1% and is currently unknown. The 5-year total return is 127.8%, with dividends contributing 41.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $40,968 today.
GSL Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$8.40
Avg/Payment$0.4200
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 22, 2026Latest | $0.6250 | — | 6.31% | Jun 3, 2026 |
| Feb 24, 2026 | $0.6250 | — | 5.87% | Mar 6, 2026 |
| Nov 21, 2025 | $0.6250 | ↑ +19.0% | 6.34% | Dec 4, 2025 |
| Aug 22, 2025 | $0.5250 | — | 6.55% | Sep 4, 2025 |
| May 23, 2025 | $0.5250 | ↑ +16.7% | 7.66% | Jun 3, 2025 |
| Feb 24, 2025 | $0.4500 | — | 7.75% | Mar 6, 2025 |
| Nov 22, 2024 | $0.4500 | — | 7.41% | Dec 4, 2024 |
| Aug 23, 2024 | $0.4500 | ↑ +20.0% | 6.27% | Sep 4, 2024 |
GSL Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
5.6%
#2 of 8
Safety
Sustainable
18.3% payout
Streak
4Y
-4.8% 5Y CAGR
Total Shareholder
5.6%
#5 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd GSLGlobal Ship Lease, I… | $1.4B | 5.6% | 18.3% | 4 | Sustainable |
 DACDanaos Corporation | $2.3B | 2.7% | 12.8% | 4 | Sustainable |
3rd  CMRECostamare Inc. | $1.8B | 4.3% | 21.7% | 0 | Sustainable |
 MPCMarathon Petroleum C… | $70.9B | 1.5% | 28.2% | 4 | Sustainable |
1st  ZIMZIM Integrated Shipp… | $2.9B | 17.6% | 1.1% | 0 | Sustainable |
 MATXMatson, Inc. | $5.8B | 0.8% | 10.1% | 13 | Sustainable |
 SBLKStar Bulk Carriers C… | $2.9B | 1.2% | 40.8% | 0 | Sustainable |
 EXPDExpeditors Internati… | $21.5B | 0.9% | 25.5% | 31 | Sustainable |
GSL Annual Dividend History (2006–2026)
21 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.25 | — | 2 | — | — | — | 10.6% |
| 2025 | $2.13 | 28.8% | 4 | $11.40 | 18.6% | 5.36x | 18.1% |
| 2024 | $1.65 | 10.0% | 4 | $9.72 | 17.0% | 5.89x | 14.0% |
| 2023 | $1.50 | 9.1% | 4 | $8.21 | 18.3% | 5.47x | 12.8% |
| 2022 | $1.38 | 83.3% | 4 | $7.62 | 18.0% | 5.54x | 11.7% |
| 2021 | $0.75 | — | 3 | $4.60 | 16.3% | 6.13x | 6.4% |
| 2020 | $0.00 | — | 0 | $2.31 | — | — | — |
| 2019 | $0.00 | — | 0 | $1.45 | — | — | — |
| 2018 | $0.00 | — | 0 | $-7.71 | — | — | — |
| 2017 | $0.00 | — | 0 | $-10.73 | — | — | — |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
18+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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GSL — Frequently Asked Questions
Quick answers to the most common questions about buying GSL stock.
How much dividend does GSL pay per share?
Global Ship Lease, Inc. (GSL) pays a trailing 12-month dividend of $2.13 per share, with a current dividend yield of +5.6%. Payments are made Semi-Annual.
When is GSL's next ex-dividend date?
GSL's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. GSL typically pays dividends Semi-Annual.
Is GSL's dividend safe?
GSL's dividend safety is rated "Sustainable" based on an earnings payout ratio of +18.3% and FCF payout ratio of +18.9%. The 4-year growth streak provides moderate confidence.
Is GSL a Dividend Payer?
Yes, Global Ship Lease, Inc. is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is -4.8%, demonstrating modest dividend growth.
How often does GSL pay dividends?
Global Ship Lease, Inc. pays dividends Semi-Annual. The trailing 12-month total is $2.13 per share. Dividend data on this page covers 18+ years from 2008 to 2026.
How much would $10,000 invested in GSL grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in GSL five years ago would be worth approximately $22,781 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is GSL's yield on cost for long-term holders?
GSL's yield on cost — the current dividend divided by the original purchase price — is +18.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +5.6% market yield, thanks to the lower original cost basis.