Global Ship Lease Announces Quarterly Dividend for 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares
ATHENS, Greece, Dec. 04, 2024 (GLOBE NEWSWIRE) – Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that the Company’s Board of Directors has declared a cash dividend of $0.546875 per depositary share, each representing a 1/100th interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (the “Series B Preferred Shares”) (NYSE:GSLPrB).
The dividend represents payment for the period from October 1, 2024 to December 31, 2024 and will be paid on January 2, 2025 to all Series B Preferred Shareholders of record as of December 19, 2024.
Global Ship Lease, Inc., a leading containership charter owner, has always been committed to providing value to its shareholders. The announcement of the quarterly dividend for the 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares is a testament to the company’s dedication to rewarding its investors.
Investing in preferred shares can be a strategic move for those looking for steady income and stability in their investment portfolio. The 8.75% dividend rate offers an attractive return compared to other forms of investment, making it an appealing choice for income-oriented investors.
For shareholders of Global Ship Lease, receiving the cash dividend is a welcome bonus that can provide a source of passive income. Whether you are a new investor or a long-time shareholder, this announcement is a positive development that reflects the company’s financial strength and stability.
In addition to the financial benefits, the quarterly dividend also highlights the company’s commitment to transparency and shareholder value. By consistently rewarding shareholders with dividends, Global Ship Lease is fostering trust and loyalty among investors, which can contribute to long-term success and growth for the company.
Overall, the announcement of the quarterly dividend for the 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares is a positive sign for both existing and potential shareholders of Global Ship Lease. It underscores the company’s financial stability, commitment to shareholder value, and potential for long-term growth in the containership charter industry.
Effect on Me:
As a shareholder of Global Ship Lease, the announcement of the quarterly dividend for the 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares is a welcomed financial bonus that provides me with a source of passive income. It reflects the company’s commitment to rewarding its investors and highlights the potential for long-term growth in the containership charter industry.
Effect on the World:
The announcement of the quarterly dividend for the 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares by Global Ship Lease signifies the company’s financial stability and commitment to shareholder value. This positive development can contribute to fostering trust and loyalty among investors, potentially leading to long-term success and growth in the containership charter industry.
Conclusion:
In conclusion, the announcement of the quarterly dividend for the 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares by Global Ship Lease is a positive development that benefits existing shareholders and highlights the company’s financial strength and commitment to shareholder value. It underscores the potential for long-term growth in the containership charter industry and showcases the company’s dedication to rewarding its investors.
