Seaspan (SSW)


Price/Share*:

$9.51

Annual Dividend:

$1.90

Dividend Yield:

19.98%

Pay Date:

08/15

Ex-Dividend Date:

08/04

Record Date:

08/06


Dividend Payout Frequency: Quarterly

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Company Profile & Recommendation

Company Profile Company Profile

Seaspan- (SSW)-owns and operates vessels that are engaged in deep-sea container transportation business in Hong Kong. As of December 31, 2007, it owned and operated a fleet of 29 containerships. The company charters containerships pursuant to long-term, fixed-rate time charters to various container liner companies. Seaspan Corporation was incorporated in 2005 and is based in Hong Kong, Hong Kong. Shipping stocks tend to be volatile, as are their dividends. Their capital gains are also accounted for differently, so please consult with a tax advisor.


* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.