Global Ship Lease Inc. Cl A (GSL) Dividends
GSL Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $23.60 | $21.34 | -25.94% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Global Ship Lease Inc, the DDM model, as implemented by StockNews, implies a negative return of 25.94% relative to its current price. Digging deeper, the aspects of Global Ship Lease Inc's dividend discount model that we found most interesting were:
- In comparison to other stocks in the Industrials sector, Global Ship Lease Inc offers a higher dividend yield than 86.7% of them.
- With a market cap of roughly $1 billion, GSL is in the small-sized market cap class; here, it has a lower equity discount rate than only 11.3% of stocks.
- Amongst its dividend-issuing peers in the small-sized market cap category, GSL's beta -- a measure of volatility relative to the market at large -- is lower than 7.41% of them.
GSL Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-08-23 | Dividend | $0.45 | +20.00% |
| 2024-05-23 | Dividend | $0.38 | -- |
| 2024-02-21 | Dividend | $0.38 | -- |
| 2023-11-22 | Dividend | $0.38 | -- |
| 2023-08-22 | Dividend | $0.38 | -- |
| 2023-05-23 | Dividend | $0.38 | -- |
| 2023-02-21 | Dividend | $0.38 | -- |
| 2022-11-21 | Dividend | $0.38 | -- |
| 2022-08-22 | Dividend | $0.38 | -- |
| 2022-05-23 | Dividend | $0.38 | +50.00% |
| 2022-02-18 | Dividend | $0.25 | -- |
| 2021-11-19 | Dividend | $0.25 | -- |
| 2021-08-20 | Dividend | $0.25 | -- |
| 2021-05-21 | Dividend | $0.25 | +150.00% |
| 2019-03-25 | Split | 1-8-for-1 Stock Split | N/A |
| 2015-11-12 | Dividend | $0.10 | -- |
| 2015-08-12 | Dividend | $0.10 | -56.52% |
| 2009-02-18 | Dividend | $0.23 | -- |
| 2008-11-19 | Dividend | $0.23 | -- |
| 2008-09-30 | Dividend | $0.23 | -- |
GSL Dividends vs. Peers
GSL's dividend yield currently ranks #64 of 64 vs. its peers in the Shipping category.