Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, China, Oct. 11, 2016 /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

$0.375

July 1, 2016 to

September 30, 2016

October 20, 2016

October 31, 2016

Series D Preferred

SSW PR D

$0.496875

July 30, 2016 to

October 29, 2016

October 28, 2016

October 31, 2016

Series E Preferred

SSW PR E

$0.515625

July 30, 2016 to

October 29, 2016

October 28, 2016

October 31, 2016

Series G Preferred

SSW PR G

$0.5125

July 30, 2016 to

October 29, 2016

October 28, 2016

October 31, 2016

Series H Preferred

SSW PR H

$0.432031

August 11, 2016 to

October 29, 2016

October 28, 2016

October 31, 2016

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 114 containerships representing a total capacity of over 915,000 TEU, including 12 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2017.  Seaspan's current operating fleet of 88 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

For Investor Relations Inquiries:

Mr. David Spivak
Chief Financial Officer
Seaspan Corporation
Tel. 604-638-2580

Mr. Michael Sieffert
Associate 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

RELATED LINKS
http://www.seaspancorp.com/

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890