Global Ship Lease: Dividend Insights
Portfolio Pulse from Benzinga Insights
Global Ship Lease (NYSE:GSL) announced a quarterly dividend of 37.5 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning GSL stock by the end of Tuesday are eligible for the dividend, to be paid on December 4, 2023. The stock is expected to open 37.5 cents lower on the ex-dividend date.
November 17, 2023 | 2:45 pm
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Global Ship Lease (GSL) declared a quarterly dividend of $0.375/share, with the ex-dividend date approaching. Stock price expected to adjust lower by the dividend amount on that date.
The stock price of GSL is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend. However, the long-term impact on the stock price will depend on the overall performance of the company and market conditions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100