HONG KONG, CHINA, July 12, 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 |
April 1, 2016 to June 30, 2016 |
July 20, 2016 |
August 1, 2016 |
|
Series D Preferred |
SSW PR D |
$0.496875 |
April 30, 2016 to July 29, 2016 |
July 29, 2016 |
August 1, 2016 |
|
Series E Preferred |
SSW PR E |
$0.515625 |
April 30, 2016 to July 29, 2016 |
July 29, 2016 |
August 1, 2016 |
|
Series G Preferred |
SSW PR G |
$0.250556 |
June 16, 2016 to July 29, 2016 |
July 29, 2016 |
August 1, 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 118 containerships representing a total capacity of over 935,000 TEU, including 14 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2017. Seaspan’s current operating fleet of 89 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 |
|
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
Mr. Leon Berman
The IGB Group
Tel. 212-477-8438
SOURCE Seaspan Corporation
