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DOZR - Global Ship Lease Proves Shipping Still Profitable Amidst Market Turmoil
May, 12 2022 12:47 PM
Direxion Daily US Infrastructure Bull 2X Shares
Global Ship Lease reported Q1 earnings with massive improvement year over year. The company's balance sheet is in good shape with interest rates well below inflation. With excess cashflow from great recharterings, the company boosted its dividend by 50% and initiated a buyback. Finally, excellent earnings visibility coupled with a still-strong charter market promise a good 2022 ahead. For further details see:
Global Ship Lease Proves Shipping Still Profitable Amidst Market Turmoil
Stock Information
Company Name:
Direxion Daily US Infrastructure Bull 2X Shares
Stock Symbol:
DOZR
Market:
NYSE
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