Summary：Global Ship Lease Investors Rejoice: 8.75% Quarterly Dividend Announced for Series B SharesATHENS, G

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Global Ship Lease Investors Rejoice: 8.75% Quarterly Dividend Announced for Series B Shares

ATHENS, Greece, June 08, 2026 (GLOBE NEWSWIRE) -- In a move that is set to delight its investors, Global Ship Lease, Inc. (NYSE:GSL), a prominent containership owner and lessor, today announced that its Board of Directors has declared a substantial cash dividend for the holders of its Series B Preferred Shares. The declared dividend stands at $0.546875 per depositary share, representing an annualized return of 8.75%. This announcement is a significant development for the company and its stakeholders, underscoring the firm's commitment to delivering value to its investors.

The key development in this announcement is the declaration of the quarterly dividend for Series B Shares, set to be paid on July 15, 2026, to shareholders of record as of June 30, 2026. This dividend payment is a testament to Global Ship Lease's robust financial health and its ability to generate consistent returns for its investors. The 8.75% annualized dividend yield is particularly attractive in the current market environment, where investors are increasingly seeking stable income streams.

The containership leasing industry, in which Global Ship Lease operates, has been characterized by a resurgence in demand driven by the global trade rebound. As international trade continues to recover from the impacts of the pandemic, the demand for containerships has surged, leading to an increase in charter rates. This favorable market condition has positively impacted Global Ship Lease's revenue and profitability, enabling the company to maintain its dividend payments to shareholders. Industry analysts view this development as a positive indicator for the company's future financial performance.

Looking ahead, Global Ship Lease is well-positioned to capitalize on the ongoing recovery in global trade. The company's diversified fleet and long-term charter agreements provide a stable foundation for future growth. As the global economy continues to navigate through challenges, the demand for reliable and efficient container shipping services is expected to remain strong, supporting the company's revenue stream.

In conclusion, the announcement of an 8.75% quarterly dividend for Series B Shares is a welcome development for Global Ship Lease investors. It not only reflects the company's strong financial position but also its commitment to delivering value to its shareholders. As the containership leasing industry continues to benefit from the global trade rebound, Global Ship Lease is poised to remain a key player, driven by its robust fleet and strategic charter agreements.