HONG KONG, China, Oct. 11, 2016 /CNW/ – 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 Share |
Period |
Record Date |
Payment Date |
|
Class A Common |
SSW |
$0.375 |
July 1, 2016 to September 30, 2016 |
October 20, 2016 |
October 31, 2016 |
|
Series D Preferred |
SSW PR D |
$0.496875 |
July 30, 2016 to October 29, 2016 |
October 28, 2016 |
October 31, 2016 |
|
Series E Preferred |
SSW PR E |
$0.515625 |
July 30, 2016 to October 29, 2016 |
October 28, 2016 |
October 31, 2016 |
|
Series G Preferred |
SSW PR G |
$0.5125 |
July 30, 2016 to October 29, 2016 |
October 28, 2016 |
October 31, 2016 |
|
Series H Preferred |
SSW PR H |
$0.432031 |
August 11, 2016 to October 29, 2016 |
October 28, 2016 |
October 31, 2016 |
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. Seaspan’s managed fleet consists of 114 containerships representing a total capacity of over 915,000 TEU, including 12 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2017. Seaspan’s current operating fleet of 88 vessels 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
Associate 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
