Seaspan Corporation

Seaspan Corporation

April 14, 2014 09:00 ET

Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, CHINA--(Marketwired - April 14, 2014) - 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 Jan. 1, 2014 to March 31, 2014 Apr. 21, 2014 Apr. 30, 2014
Series C Preferred SSW PR C $0.59375 Jan. 30, 2014 to Apr. 29, 2014 Apr. 29, 2014 Apr. 30, 2014
Series D Preferred SSW PR D $0.496875 Jan. 30, 2014 to Apr. 29, 2014 Apr. 29, 2014 Apr. 30, 2014
Series E Preferred SSW PR E $0.441146 Feb. 13, 2014 to Apr. 29, 2014 Apr. 29, 2014 Apr. 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 35 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2016. Seaspan's current operating fleet of 72 vessels has an average age of approximately seven years and an average remaining lease period of approximately five years.

Seaspan's Class A common shares, Series C preferred shares, Series D preferred shares, Series E preferred shares and senior unsecured notes due 2019 are listed on The New York Stock Exchange under the symbols "SSW", "SSW PR C", "SSW PR D", "SSW PR E" and "SSWN", respectively.

Contact Information

  • Seaspan Corporation - Investor Relations Inquiries
    Mr. Sai W. Chu
    Chief Financial Officer
    Tel. 604-638-2575

    The IGB Group - Media Inquiries
    Mr. Leon Berman
    Tel. 212-477-8438