Global Ship Lease, Inc. Announces to Initiate a New Dividend Policy to Pay Shareholders a Regular Quarterly Cash Dividend on Class A Common Share, Effect from the First Quarter of 2021
January 12, 2021 at 01:30 pm
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Global Ship Lease, Inc. announced that its Board of Directors has initiated a new dividend policy under which the Company intends to pay shareholders a regular quarterly cash dividend of $0.12 per Class A Common Share with effect from the first quarter of 2021.
Global Ship Lease, Inc. is a United Kingdom-based containership owner, leasing ships to container shipping companies under industry-standard, fixed-rate time charters. The Company focuses on mid-size Post-Panamax and smaller containerships. As a containership owner, its business is both procyclical with chartered tonnage and counter-cyclical with sale and lease-back structures. The Company owns 68 containerships, ranging from 2,207 to 11,040 TEU, with a combined capacity of 375,406 TEU. 36 ships are wide beam Post-Panamax. The mix of ship sizes within its fleet provides flexibility to deploy its vessels on a range of trading routes. Its portfolio of vessels includes CMA CGM Thalassa, ZIM Norfolk, Anthea Y, ZIM Xiamen, MSC Tianjin, MSC Qingdao, GSL Ningbo, GSL Alexandra, GSL Effie, GSL Lydia, GSL Sofia, GSL Kalliopi, GSL Grania, GSL Eleni, Mary, Kristina, Katherine, Alexandra, Alexis, Olivia I, CMA CGM Berlioz, Agios Dimitrios, and GSL Christel Elisabeth, among others.
Global Ship Lease, Inc. Announces to Initiate a New Dividend Policy to Pay Shareholders a Regular Quarterly Cash Dividend on Class A Common Share, Effect from the First Quarter of 2021
GLOBAL SHIP LEASE, INC. 
