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Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, CHINA - July 15, 2014 /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 $ 0.345 April 1, 2014 to
June 30, 2014
July 21,
2014
July 30,
2014
Series C Preferred SSW PR C $
 
0.59375 April 30, 2014 to
July 29, 2014
July 29,
2014
July 30,
2014
Series D Preferred SSW PR D $ 0.496875 April 30, 2014 to
July 29, 2014
July 29,
2014
July 30,
2014
Series E Preferred SSW PR E $ 0.515625 April 30, 2014 to
July 29, 2014
July 29,
2014
July 30,
2014
 

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
 
For further information: For Investor Relations Inquiries: Seaspan Corporation, Mr. Sai W. Chu, Chief Financial Officer, 604-638-2575 / For Media Inquiries: The IGB Group, Mr. Leon Berman, 212-477-8438
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