Seaspan Declares Quarterly Dividends on Common and Preferred Shares
HONG KONG, April 11, 2018 /PRNewswire/ - Seaspan Corporation (NYSE:SSW) announced today that the Company's Board of Directors has declared cash dividends on its common and preferred shares as follows:
| Security |
Ticker |
Dividend per |
Period |
Record Date |
Payment Date |
| Class A |
SSW |
$0.125 |
January 1, 2018 to March 31, 2018 |
April 20, 2018 |
April 30, 2018 |
| Series D |
SSW PR D |
$0.496875 |
January 30, 2018 to April 29, 2018 |
April 27, 2018 |
April 30, 2018 |
| Series E |
SSW PR E |
$0.515625 |
January 30, 2018 to April 29, 2018 |
April 27, 2018 |
April 30, 2018 |
| Series G |
SSW PR G |
$0.5125 |
January 30, 2018 to April 29, 2018 |
April 27, 2018 |
April 30, 2018 |
| Series H |
SSW PR H |
$0.492188 |
January 30, 2018 to April 29, 2018 |
April 27, 2018 |
April 30, 2018 |
About Seaspan
Seaspan provides many of the world's major container shipping liners with alternatives to vessel ownership by offering long-term leases on large, modern containerships combined with industry-leading ship management services. Seaspan's operating fleet, including 4 newbuilding containerships on order for delivery to Seaspan by mid-2018, consists of 112 containerships representing a total capacity of over 900,000 TEU. Excluding newbuilds, Seaspan's operating fleet of 108 vessels has an average age of approximately 5 years and average remaining lease period of approximately 5 years, on a TEU weighted basis.
Seaspan has the following securities listed on The New York Stock Exchange:
| Symbol: |
Description: |
| SSW |
Class A common shares |
| SSW PR D |
Series D preferred shares |
| SSW PR E |
Series E preferred shares |
| SSW PR G |
Series G preferred shares |
| SSW PR H |
Series H preferred shares |
| SSWN |
6.375% senior unsecured notes due 2019 |
| SSWA |
7.125% senior unsecured notes due 2027 |
For Investor Relations Inquiries:
Mr. David Spivak
Chief Financial Officer
Seaspan Corporation
Tel. 604-638-2580
Mr. Michael Sieffert
Director, Corporate Finance
Seaspan Corporation
Tel. 778-328-6490
For Media Inquiries:
Mr. Leon Berman
The IGB Group
Tel. 212-477-8438
SOURCE Seaspan Corporation
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