Global Ship Lease's Series B Preferred Shares Cross 15% Yield Mark

In trading on Monday, shares of Global Ship Lease, Inc.'s 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (GSL. RB) were yielding above the 15% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $13.25 on the day.