Seaspan Declares Quarterly Dividends on Common and Preferred Shares

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. [phone]

Mr. Michael Sieffert
Director, Corporate Finance
Seaspan Corporation
Tel. [phone]

For Media Inquiries:

Mr. Leon Berman
The IGB Group
Tel. [phone]

SOURCE Seaspan Corporation

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