Global Ship Lease's Series B Preferred Shares Cross 8.5% Yield Mark
June 23, 2021 at 14:31 PM EDT
In trading on Wednesday, shares of Global Ship Lease, Inc.'s 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (GSL. RB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $25.30 on the day.