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Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares

Global Ship Lease (NYSE:GSL) declared a cash dividend of $0.546875 per depositary share on its 8.75% Series B cumulative redeemable perpetual preferred shares (NYSE:GSLPrB).

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Global Ship Lease (NYSE:GSL) declared a cash dividend of $0.546875 per depositary share on its 8.75% Series B cumulative redeemable perpetual preferred shares (NYSE:GSLPrB).

The dividend covers the period Oct 1, 2025–Dec 31, 2025, will be paid on Jan 2, 2026, and applies to holders of record as of Dec 23, 2025. Each depositary share represents a 1/100th interest in one Series B preferred share.

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Positive

  • $0.546875 dividend per depositary share for Oct 1–Dec 31, 2025
  • Dividend payable Jan 2, 2026 to holders of record on Dec 23, 2025
  • Dividend applies to Series B preferred via 1/100th depositary shares

Negative

  • None.
Argus Dec 9 session
-1.51% close to close Open Argus
Details

News Market Reaction – GSL

On Dec 9, the first trading day after this news, GSL closed 1.51% below the previous close.

Data tracked by StockTitan Argus for the Dec 9 session.

Key Figures

Series B dividend: $0.546875 per depositary share Dividend period: Oct 1, 2025–Dec 31, 2025 Payment date: Jan 2, 2026 +1 more
Series B dividend
$0.546875 per depositary share
Quarterly dividend declared on 8.75% Series B preferred
Dividend period
Oct 1, 2025–Dec 31, 2025
Coverage period for declared preferred dividend
Payment date
Jan 2, 2026
Scheduled payment date for Series B dividend
Record date
Dec 23, 2025
Holders of record eligible for Series B dividend

Historical Context

5 past events · Latest: Dec 08
5 events
  1. Dec 08

    Preferred dividend

    24h Move
    -1.5%

    Declared quarterly dividend on 8.75% Series B preferred depositary shares.

  2. Dec 01

    Fleet acquisition

    24h Move
    +1.6%

    Agreed to buy three 8,600 TEU ECO-upgraded containerships with attached charters.

  3. Nov 10

    Q3 2025 earnings

    24h Move
    +9.4%

    Reported higher revenue, net income, EPS and raised annualized Class A dividend.

  4. Oct 29

    Earnings announcement

    24h Move
    +0.5%

    Set date and details for Q3 2025 earnings release and conference call.

  5. Oct 15

    Regulatory statement

    24h Move
    -0.3%

    Clarified corporate status and ownership regarding China-specific port fee measures.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

depositary share, cumulative redeemable perpetual preferred shares
2 terms
depositary share financial
"has declared a cash dividend of $0.546875 per depositary share, each representing a 1/100th interest"
A depositary share is a special type of stock that represents ownership in a company but is traded on the stock market like regular shares. It often makes it easier for people to buy and sell shares of companies from other countries or smaller companies that don’t list directly on big exchanges.
cumulative redeemable perpetual preferred shares financial
"its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (the “Series B Preferred Shares”)"
A type of hybrid security that behaves like a long-term income instrument: it pays regular dividends that accumulate if skipped (cumulative), has no fixed maturity date (perpetual), and can be bought back by the issuer under specified terms (redeemable). Investors care because it offers steady income with priority over common stock but carries issuer credit risk, interest-rate sensitivity and call risk—think of it as a loan that pays coupons forever unless the issuer chooses to repay it.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ATHENS, Greece, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership owner and lessor, 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, 2025 to December 31, 2025 and will be paid on January 2, 2026 to all Series B Preferred Shareholders of record as of December 23, 2025.

About Global Ship Lease

Global Ship Lease is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships. Incorporated in the Marshall Islands, Global Ship Lease commenced operations in December 2007 with a business of owning and chartering out containerships under fixed-rate charters to top tier container liner companies. It was listed on the New York Stock Exchange in August 2008.

Our fleet of 69 vessels as of September 30, 2025 had an average age weighted by TEU capacity of 18.0 years. 39 ships are wide-beam Post-Panamax.

As of September 30, 2025, the average remaining term of the Company’s charters, to the mid-point of redelivery, including options under the Company’s control and other than if a redelivery notice has been received, was 2.5 years on a TEU-weighted basis. Contracted revenue on the same basis was $1.92 billion. Contracted revenue was $2.40 billion, including options under charterers’ control and with latest redelivery date, representing a weighted average remaining term of 3.1 years.

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements provide the Company’s current expectations or forecasts of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. These forward-looking statements are based on assumptions that may be incorrect, and the Company cannot assure you that the events or expectations included in these forward-looking statements will come to pass. Actual results could differ materially from those expressed or implied by the forward-looking statements as a result of various factors, including the factors described in “Risk Factors” in the Company’s Annual Report on Form 20-F and the factors and risks the Company describes in subsequent reports filed from time to time with the U.S. Securities and Exchange Commission. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this press release or to reflect the occurrence of unanticipated events.

Investor and Media Contact:
IGB Group
Bryan Degnan
646-673-9701
or
Leon Berman
212-477-8438


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did Global Ship Lease (GSL) declare for its Series B preferred on Dec 8, 2025?

The company declared a cash dividend of $0.546875 per depositary share for the period Oct 1–Dec 31, 2025.

When is the Global Ship Lease (GSL) Series B preferred dividend payable and what is the record date?

The dividend is payable on Jan 2, 2026 to shareholders of record as of Dec 23, 2025.

How much of a share does one depositary share represent for GSL Series B preferred (GSLPrB)?

Each depositary share represents a 1/100th interest in one Series B preferred share.

Which securities receive the declared dividend from Global Ship Lease on Dec 8, 2025?

The dividend applies specifically to the company’s 8.75% Series B cumulative redeemable perpetual preferred shares (NYSE:GSLPrB) via depositary shares.

What period does the GSL Series B preferred dividend payment cover?

The declared dividend covers the period from October 1, 2025 to December 31, 2025.

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