Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, April 8, 2019 /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 
         January 1, 2019 to    
       April 22, 2019      
       April 30, 2019
          Common                                                       March 31, 2019

           ---

             Series D        
         SSW PR D               $0.496875 
         January 30, 2019 to   
       April 29, 2019      
       April 30, 2019
        Preferred
                                                                     
         April 29, 2019

    ---

             Series E        
         SSW PR E               $0.515625 
         January 30, 2019 to   
       April 29, 2019      
       April 30, 2019
        Preferred
                                                                     
         April 29, 2019

    ---

             Series G        
         SSW PR G                 $0.5125 
         January 30, 2019 to   
       April 29, 2019      
       April 30, 2019
        Preferred
                                                                     
         April 29, 2019

    ---

             Series H        
         SSW PR H               $0.492188 
         January 30, 2019 to   
       April 29, 2019      
       April 30, 2019
        Preferred
                                                                     
         April 29, 2019

    ---

             Series I        
         SSW PR I                   $0.50 
         January 30, 2019 to   
       April 29, 2019      
       April 30, 2019
        Preferred
                                                                     
         April 29, 2019

    ---

About Seaspan

Seaspan is a leading independent charter owner and operator of containerships with industry leading ship management services. We charter our vessels primarily pursuant to long-term, fixed-rate, time charters to the world's largest container shipping liners. Seaspan's operating fleet consists of 112 containerships with a total capacity of more than 900,000 TEU, an average age of approximately 6 years and an average remaining lease period of approximately 4 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



       SSW PR I         Series I Preferred Shares



       SSWN             6.375% Senior Unsecured Notes
                          due 2019



       SSWA             7.125% Senior Unsecured Notes
                          due 2027



       SSW25            5.500% Senior Notes due 2025

Investor Inquiries:
Mr. Matt Borys
Investor Relations
Seaspan Corporation
Tel. +1-778-328-5340
Email: mborys@seaspanltd.ca

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SOURCE Seaspan Corporation