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Global Ship Lease (Global Ship Lease) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Global Ship Lease 3-Year Dividend Growth Rate?

Global Ship Lease's Dividends per Share for the three months ended in Dec. 2023 was $0.38.

The historical rank and industry rank for Global Ship Lease's 3-Year Dividend Growth Rate or its related term are showing as below:

GSL's 3-Year Dividend Growth Rate is not ranked *
in the Business Services industry.
Industry Median: 10.75
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Global Ship Lease's average Dividends Per Share Growth Rate was 9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Global Ship Lease's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.15. As of today, Global Ship Lease's Dividend Yield % is 6.58%.

Warning Sign:

Global Ship Lease Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Global Ship Lease's 3-Year Dividend Growth Rate

For the Rental & Leasing Services subindustry, Global Ship Lease's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Ship Lease's 3-Year Dividend Growth Rate Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Ship Lease's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Global Ship Lease's 3-Year Dividend Growth Rate falls into.



Global Ship Lease 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Global Ship Lease  (NYSE:GSL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Global Ship Lease's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.375/ 2.491
=0.15

During the past 13 years, the highest Dividend Payout Ratio of Global Ship Lease was 0.18. The lowest was 0.17. And the median was 0.17.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Global Ship Lease Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3750002024-02-212024-02-222024-03-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.3750002023-11-222023-11-242023-12-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.3750002023-08-222023-08-232023-09-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.3750002023-05-232023-05-242023-06-02Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Global Ship Lease's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.5/22.76
=6.59 %

Current Share Price is $22.76.
Global Ship Lease's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.5.

During the past 13 years, the highest Dividend Yield of Global Ship Lease was 17.54%. The lowest was 1.02%. And the median was 7.16%.

Warning Sign:

Global Ship Lease Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Global Ship Lease 3-Year Dividend Growth Rate Related Terms>


Global Ship Lease (Global Ship Lease) Business Description

Traded in Other Exchanges
Address
25 Wilton Road, London, GBR, SW1V 1LW
Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.
Executives
Integrated Core Strategies (us) Llc 10 percent owner C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Nisswa Acquisition Master Fund Ltd. 10 percent owner C/O MAPLES CORPORATE SVCS LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Israel A Englander other: May be deemed a group member. C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millenco, L.l.c. 10 percent owner C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Management Llc other: May be deemed a group member. 399 PARK AVENUE, NEW YORK NY 10022
Integrated Holding Group, L.p. other: May be deemed a group member. C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103-0899
Millennium International Management Lp other: May be deemed a group member. 399 PARK AVENUE, NEW YORK NY 10022
Cognizant Holdings, Ltd. other: May be deemed a group member. C/O MILLENNIUM INTERNATIONAL MGMT. LP, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Group Management Llc other: May be deemed a group member. C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022