Global Ship Lease's Series B Preferred Shares Yield Pushes Past 10.5%
May 27, 2020 at 14:09 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 10.5% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $20.60 on the day.