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Seaspan Declares Quarterly Dividends on Common and Preferred Shares

14/10/14
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HONG KONG, CHINA – Oct. 14, 2014 /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   $0.345   July 1, 2014 to 
September 30, 2014
  October 20, 2014   October 30, 2014
Series C Preferred   SSW PR C   $0.59375   July 30, 2014 to 
October 29, 2014
  October 29, 2014   October 30, 2014
Series D Preferred   SSW PR D   $0.496875   July 30, 2014 to 
October 29, 2014
  October 29, 2014   October 30, 2014
Series E Preferred   SSW PR E   $0.515625   July 30, 2014 to 
October 29, 2014
  October 29, 2014   October 30, 2014
 

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 109 containerships representing a total capacity of over 840,000 TEU, including 30 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2016. Seaspan's current operating fleet of 75 vessels has an average age of approximately seven years and an average remaining lease period of approximately five years.

Seaspan has the following securities listed on The New York Stock Exchange:

Symbol: Description:
   
SSW Class A common shares
SSW PR C Series C preferred shares
SSW PR D Series D preferred shares
SSW PR E Series E preferred shares
SSWN 2019 senior unsecured notes
 
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