Global Ship Lease Boosts Dividend Amid Market Surge

TipRanksMay 30 16:30

Global Ship Lease: Increased Div Payments Reflect Material Outperformance of Containership Charter Markets >GSL

Global Ship Lease: Increased Div Payments Reflect Material Outperformance of Containership Charter Markets >GSL

Dow JonesMay 28 15:18

Global Ship Lease to Quarterly Supplemental Dividends of $0.075 Per Shr 'For as Long as Conditions Are Supportive' >GSL

Global Ship Lease to Quarterly Supplemental Dividends of $0.075 Per Shr 'For as Long as Conditions Are Supportive' >GSL

Dow JonesMay 28 15:18

Global Ship Lease Announces Introduction of Quarterly Supplemental Dividend for Common Shareholders

Quarterly supplemental dividends of $0.075 per share represent a 20% increase in dividend payments to common shareholders Increased dividend payments reflect material outperformance of containership charter markets

GlobeNewswireMay 28 15:15

Recovery in global commodity trade pushes up shipping charges and resurgence of tight supply chains

The catalyst for the month-long rise in sea freight rates came more from concern than optimism, including concerns about Asian port congestion, North American labor strikes that could hinder port or rail services, and heightened geopolitical tension.

Zhitong FinanceMay 27 06:34

Shipping revival? I don't believe Oma!

Damo believes that judging from the relationship between supply and demand, the Red Sea crisis only delayed the arrival of a downward cycle in the shipping industry. Once the disruptions are eliminated, the industry may return to a cyclical slump.

wallstreetcnMay 25 04:16