5 Best Shipping Stocks That Pay Dividends

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In this article, we discuss 5 best shipping stocks that pay dividends. If you want to read our detailed analysis of the shipping and transportation industry, go directly to read 11 Best Shipping Stocks That Pay Dividends

5. Global Ship Lease, Inc. (NYSE:GSL)

Number of Hedge Fund Holders: 14

Global Ship Lease, Inc. (NYSE:GSL) is a company that owns and charters container ships. Their primary business involves leasing out these ships to shipping companies globally. The company currently pays a quarterly dividend of $0.375 per share and has a dividend yield of 7.43%, as of December 22. It has been making regular dividend payments since the inception of its dividend policy in 2021.

At the end of the third quarter of 2023, 14 hedge funds in Insider Monkey’s database owned investments in Global Ship Lease, Inc. (NYSE:GSL), growing from 12 in the previous quarter. The total value of these stakes is roughly $100 million.

Follow Global Ship Lease Inc. (NYSE:GSL)

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