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Set Sail for Success: Global Ship Lease Announces Quarterly Dividend for Preferred Shareholders

Set Sail for Success: Global Ship Lease Announces Quarterly Dividend for Preferred Shareholders

ATHENS, Greece, Dec. 04, 2024 (GLOBE NEWSWIRE) —

Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, 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, 2024 to December 31, 2024 and will be paid on January 2, 2025 to all Series B Preferred Shareholders of record as of December 19, 2024.

How This Announcement Will Affect You:

If you are a preferred shareholder of Global Ship Lease, this quarterly dividend announcement is great news for you. It means that you will receive a cash payment for your investment in the company’s Series B Preferred Shares. This additional income can be used to reinvest in more shares, diversify your portfolio, or simply provide you with extra funds for your personal use.

How This Announcement Will Affect The World:

Global Ship Lease’s decision to declare a cash dividend for its preferred shareholders not only benefits individual investors but also has an impact on the global shipping industry. By rewarding its shareholders, the company demonstrates financial stability and confidence in its future growth. This can attract more investors to the shipping sector, leading to increased investments in vessels, infrastructure, and technology, ultimately driving innovation and efficiency within the industry.

Conclusion:

Overall, the quarterly dividend declaration by Global Ship Lease is a positive sign of success and stability for the company and the shipping industry as a whole. It provides preferred shareholders with a financial reward for their investment and contributes to the growth and development of the global maritime sector. Set sail for success with Global Ship Lease and enjoy the benefits of being a part of a thriving industry.

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