Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, April 11, 2017 /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

January 1, 2017 to

March 31, 2017

April 20, 2017

May 1, 2017

Series D Preferred

SSW PR D

$0.496875

January 30, 2017 to

April 29, 2017

April 28, 2017

May 1, 2017

Series E Preferred

SSW PR E

$0.515625

January 30, 2017 to

April 29, 2017

April 28, 2017

May 1, 2017

Series G Preferred

SSW PR G

$0.5125

January 30, 2017 to

April 29, 2017

April 28, 2017

May 1, 2017

Series H Preferred

SSW PR H

$0.492188

January 30, 2017 to

April 29, 2017

April 28, 2017

May 1, 2017

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 11 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2018.  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
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/

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