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Seaspan Declares Quarterly Dividends on Common and Preferred Shares

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HONG KONG, Jan. 9, 2018 /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

$0.125

October 1, 2017 to
December 31, 2017

January 22, 2018

January 30, 2018

Series D Preferred

SSW PR D

$0.496875

October 30, 2017 to
January 29, 2018

January 29, 2018

January 30, 2018

Series E Preferred

SSW PR E

$0.515625

October 30, 2017 to
January 29, 2018

January 29, 2018

January 30, 2018

Series G Preferred

SSW PR G

$0.5125

October 30, 2017 to
January 29, 2018

January 29, 2018

January 30, 2018

Series H Preferred

SSW PR H

$0.492188

October 30, 2017 to
January 29, 2018

January 29, 2018

January 30, 2018

 

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 110 containerships representing a total capacity of approximately 900,000 TEU, including 4 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2018.  Seaspan’s current operating fleet of 90 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

SSWA                                                

7.125% senior unsecured notes due 2027

 

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

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