Global Ship Lease (NYSE: GSL) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.

The dividend will be payable on November 24, 2015, to stockholders of record on November 16, 2015, with an ex-dividend date of November 12, 2015.

The annual yield on the dividend is 9.5 percent.

The Board has also signaled its intention to increase the dividend to $0.125 per Class A common share, or $0.50 per share on an annualized basis, for the fourth quarter of 2015.

For a dividend history and other dividend-related data on Global Ship Lease (GSL) click here.