Global Ship Lease Reports Results for the Third Quarter of 2015

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Go back to Global Ship Lease Reports Results for the Third Quarter of 2015

Global Ship Lease (GSL) Declares $0.10 Quarterly Dividend; Plans 25% Hike

November 4, 2015 8:35 AM EST

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... More

Global Ship Lease (GSL) Misses Q3 EPS Views

November 4, 2015 8:34 AM EST

Global Ship Lease (NYSE: GSL) reported Q3 EPS of ($0.86), $0.92 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $42.2 million versus the consensus estimate of $39.92 million.

Excluding the non-cash items, normalized net income (1)(2) was $3.6 million for the third quarter 2015.... More