Why the dividend investor may take a look at NYSE:GSL.

Our stock screening tool has identified GLOBAL SHIP LEASE INC-CL A (NYSE:GSL) as a strong dividend contender with robust fundamentals. NYSE:GSL exhibits commendable financial health and profitability, all while offering a sustainable dividend. Let's delve into each aspect below.

How do we evaluate the Dividend for NYSE:GSL?

To gauge a stock's dividend quality, ChartMill utilizes a Dividend Rating ranging from 0 to 10. This comprehensive assessment considers various dividend aspects, including yield, history, growth, and sustainability. NYSE:GSL has achieved a 7 out of 10:

• With a Yearly Dividend Yield of 7.12%, GSL is a good candidate for dividend investing.
• GSL's Dividend Yield is rather good when compared to the industry average which is at 7.46. GSL pays more dividend than 83.33% of the companies in the same industry.
• GSL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
• The dividend of GSL is nicely growing with an annual growth rate of 36.74%!
• GSL has been paying a dividend for over 5 years, so it has already some track record.
• GSL pays out 21.29% of its income as dividend. This is a sustainable payout ratio.

Looking at the Health

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:GSL has earned a 5 out of 10:

• GSL has a better Altman-Z score (1.64) than 66.67% of its industry peers.
• The Debt to FCF ratio of GSL is 3.50, which is a good value as it means it would take GSL, 3.50 years of fcf income to pay off all of its debts.
• GSL has a Debt to FCF ratio of 3.50. This is amongst the best in the industry. GSL outperforms 86.67% of its industry peers.

Profitability Analysis for NYSE:GSL

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:GSL, the assigned 9 is a significant indicator of profitability:

• GSL has a Return On Assets of 13.58%. This is amongst the best in the industry. GSL outperforms 83.33% of its industry peers.
• With an excellent Return On Equity value of 24.90%, GSL belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
• GSL's Return On Invested Capital of 15.12% is amongst the best of the industry. GSL outperforms 96.67% of its industry peers.
• GSL had an Average Return On Invested Capital over the past 3 years of 13.60%. This is significantly above the industry average of 6.93%.
• The 3 year average ROIC (13.60%) for GSL is below the current ROIC(15.12%), indicating increased profibility in the last year.
• With an excellent Profit Margin value of 43.71%, GSL belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
• In the last couple of years the Profit Margin of GSL has grown nicely.
• Looking at the Operating Margin, with a value of 53.65%, GSL belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
• In the last couple of years the Operating Margin of GSL has grown nicely.
• GSL's Gross Margin of 69.95% is amongst the best of the industry. GSL outperforms 83.33% of its industry peers.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

For an up to date full fundamental analysis you can check the fundamental report of GSL

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.