HONG KONG, CHINA -- (Marketwired) -- 07/15/14 -- 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:
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Security Ticker Dividend Period Record Payment
per Share Date Date
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Class A Common SSW $ 0.345 April 1, 2014 to July 21, July 30,
June 30, 2014 2014 2014
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Series C Preferred SSW PR C $ 0.59375 April 30, 2014 to July 29, July 30,
July 29, 2014 2014 2014
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Series D Preferred SSW PR D $0.496875 April 30, 2014 to July 29, July 30,
July 29, 2014 2014 2014
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Series E Preferred SSW PR E $0.515625 April 30, 2014 to July 29, July 30,
July 29, 2014 2014 2014
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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 31 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2016. Seaspan's current operating fleet of 74 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
Contacts:
Seaspan Corporation - Investor Relations Inquiries
Mr. Sai W. Chu
Chief Financial Officer
604-638-2575
The IGB Group - Media Inquiries
Mr. Leon Berman
212-477-8438
