Global Ship Lease (GSL) Announces Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares

Core Insights - Global Ship Lease, Inc. (NYSE:GSL) is recognized as one of the top 10 shipping stocks to buy according to analysts [1] - The company declared a cash dividend of $0.546875 per depositary share for its 8.75% Series B preferred shares, with payment scheduled for April 1, 2026 [1] Financial Performance - For Q4, Global Ship Lease reported normalized EPS of $2.32, down from $2.55 the previous year, while revenue increased to $190.9 million from $182.4 million [2] - The company secured 2.7 years of contract cover and $2.2 billion in contracted revenue, achieving 99% of available positions in 2026 and 80% in 2027 [2] - Containerized volumes rose by 5% year on year [2] Fleet and Operations - Global Ship Lease acquired three 8,600 TEU vessels with ECO improvements, enhancing fleet capacity and operational flexibility [2] - As of March 19, 2026, the stock has increased by 10.88% year-to-date [3] Company Overview - Global Ship Lease is a holding company that owns and charters containerships to container shipping companies under long-term, fixed-rate contracts [3]