Seaspan Declares Quarterly Dividends on Common and Preferred Shares
HONG KONG, Oct. 10, 2017 /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 Share --- ----- Class A SSW $0.125 July 1, 2017 to October 20, October 30, Common 2017 2017 September 30, 2017 --- ------------------ Series D SSW PR D $0.496875 July 30, 2017 to October 27, October 30, Preferred 2017 2017 October 29, 2017 --- ---------------- Series E SSW PR E $0.515625 July 30, 2017 to October 27, October 30, Preferred 2017 2017 October 29, 2017 --- ---------------- Series G SSW PR G $0.5125 July 30, 2017 to October 27, October 30, Preferred 2017 2017 October 29, 2017 --- ---------------- Series H SSW PR H $0.492188 July 30, 2017 to October 27, October 30, Preferred 2017 2017 October 29, 2017 --- ----------------
About Seaspan
Seaspan provides many of the world's major shipping lines with creative outsourcing alternatives to vessel ownership by offering long-term leases on large, modern containerships combined with industry leading ship management services. Excluding the two 4250 TEU class vessels which are being sold, Seaspan's managed fleet consists of 110 containerships representing a total capacity of approximately 900,000 TEU, including 6 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2018. Seaspan's current operating fleet of 88 vessels, excluding the two 4250 TEU classes vessels which are being sold, has an average age of approximately six years and average remaining lease period of approximately five 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
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