Globalstar (GSAT) Dividend Coverage Ratio (2022 - 2026)
Globalstar (GSAT) posted Dividend Coverage Ratio of 11.04 for Q2 2026, down 44.06% on a QoQ basis from 7.66 in Q1 2026, and down 276.18% year-over-year from 6.26 in Q2 2025.
Analysis
Globalstar (GSAT) Dividend Coverage Ratio (2022 - 2026) Analysis & Trends
Globalstar has reported Dividend Coverage Ratio for 5 years, with the latest figure at 11.04 in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio fell 276.18% year-over-year to 11.04 in Q2 2026; TTM through Jun 2026 was 6.14, a 32.81% decrease from a year earlier, with the FY2025 full-year figure at 1.82, up 73.84% from the prior year.
- Dividend Coverage Ratio was 11.04 for Q2 2026 at Globalstar, down from 7.66 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 6.26 in Q2 2025, with the low at 19.79 in Q4 2024.
- Average Dividend Coverage Ratio over 5 years is 4.82, with a median of 5.35 recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Dividend Coverage Ratio plunged 324.65% in 2024, then surged 234.37% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 5.56 in 2022, then fell by 19.44% to 6.64 in 2023, then tumbled by 197.97% to 19.79 in 2024, then surged by 72.98% to 5.35 in 2025, then sank by 106.45% to 11.04 in 2026.
- The last three Dividend Coverage Ratio figures came in at 11.04 (Q2 2026), 7.66 (Q1 2026), and 5.35 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | - |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | - |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | -11.04 |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | - |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 0.69 |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | - |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | - |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.04 |
| Mar 31, 2026 | -7.66 |
| Dec 31, 2025 | -5.35 |
| Sep 30, 2025 | -0.59 |
| Jun 30, 2025 | 6.26 |
| Mar 31, 2025 | -7.63 |
| Dec 31, 2024 | -19.79 |
| Sep 30, 2024 | 2.72 |
| Jun 30, 2024 | -4.66 |
| Mar 31, 2024 | -5.99 |
| Dec 31, 2023 | -6.64 |
| Sep 30, 2023 | -3.68 |
| Jun 30, 2023 | -1.10 |
| Mar 31, 2023 | -1.54 |
| Dec 31, 2022 | -5.56 |