SOURCE: Seaspan Corporation

Seaspan Corporation

January 13, 2015 00:00 ET

Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, CHINA--(Marketwired - January 13, 2015) - 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  October 1, 2014 to
December 31, 2014
 January 22, 2015  January 30, 2015
Series C Preferred  SSW PR C  $0.59375  October 30, 2014 to
January 29, 2015
 January 29, 2015  January 30, 2015
Series D Preferred  SSW PR D  $0.496875  October 30, 2014 to
January 29, 2015
 January 29, 2015  January 30, 2015
Series E Preferred  SSW PR E  $0.515625  October 30, 2014 to
January 29, 2015
 January 29, 2015  January 30, 2015

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 27 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2016. Seaspan's current operating fleet of 77 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

Contact Information

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

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