Global Ship Lease's Series B Preferred Shares Crosses Above 8% Yield Territory
March 19, 2024 at 14:50 PM EDT
In trading on Tuesday, shares of Global Ship Lease, Inc.'s 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (GSL. RB) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $26.50 on the day.