Global Ship Lease, Inc.
GSLIndustrials · Stock · quarterly payer
Forward Yield
5.54%
Annual Dividend
$2.50
Payout Ratio
23%
5-Yr Growth
—
Ex-Date
Aug 21, 2026
Frequency
Quarterly
Summary
As of September 2026, Global Ship Lease, Inc. (GSL) yields 5.54% ($2.50 per share annually), with a blended fair-value estimate of $54.76 — +23% upside, so it screens as undervalued. Dividend safety grade: C (65/100). 4 years of dividend growth.
Is GSL a good dividend stock?
Yes, with caveatsGlobal Ship Lease, Inc. (GSL) pays a quarterly dividend yielding 5.54% ($2.50/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (23%)
- 88% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 5.54%
- Payout Ratio
- 23%
- Annual Dividend
- $2.50
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 21, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.85
- Market Cap
- —
- P/E Ratio
- 4.4
- 5-Yr Total Return
- 88%
- 52-Week Range
- $27.28 – $45.45
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
GSL Price — Last 12 Months
Daily close
Price Return
1 Year
+45%
3 Years
+143%
5 Years
+88%
52-Week Range
$27.28 – $45.45
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GSL worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Global Ship Lease, Inc. is $54.76 per share, versus a market price of $44.52. That implies 23% of upside — a margin of safety of about 19%.
Fair Value
$54.76
Current Price
$44.52
Upside
+23%
Margin of Safety
19%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.6% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $10.14 EPS, $2.50 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GSL Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 21, 2026 | — | $0.6250 | regular |
| May 22, 2026 | — | $0.6250 | regular |
| Feb 24, 2026 | — | $0.6250 | regular |
| Nov 21, 2025 | — | $0.6250 | regular |
| Aug 22, 2025 | — | $0.5250 | regular |
| May 23, 2025 | — | $0.5250 | regular |
| Feb 24, 2025 | — | $0.4500 | regular |
| Nov 22, 2024 | — | $0.4500 | regular |
| Aug 23, 2024 | — | $0.4500 | regular |
| May 23, 2024 | — | $0.3750 | regular |
| Feb 21, 2024 | — | $0.3750 | regular |
| Nov 22, 2023 | — | $0.3750 | regular |
| Aug 22, 2023 | — | $0.3750 | regular |
| May 23, 2023 | — | $0.3750 | regular |
Income Calculator
At $2.50 / yr per share
