Global Ship Lease Declares $0.546875 Preferred Dividend for Q2
GSL•Global Ship Lease’s board approved a $0.546875 quarterly cash dividend on its 8.75% Series B perpetual preferred shares, covering April 1–June 30, 2026, payable July 1 to holders of record June 24, 2026. It has 71 vessels and $2.05 billion in contracted revenue with a 2.6-year average charter term.
1. Dividend Declaration
Global Ship Lease’s Board has declared a quarterly cash dividend of $0.546875 per depositary share on its 8.75% Series B cumulative redeemable perpetual preferred stock, covering the period April 1 to June 30, 2026. The dividend will be paid on July 1, 2026 to holders of record as of June 24, 2026.
2. Fleet and Contracted Revenue
As of March 31, 2026, the company owned a fleet of 71 containerships with an age-weighted average of 18.2 years, including 41 wide-beam Post-Panamax vessels. On a TEU-weighted basis the average remaining charter term is 2.6 years, supporting $2.05 billion in contracted revenue, rising to $2.58 billion when including charterer options for an average 3.3-year term.
