Seaspan's Series I Preferred Shares Cross 7.5% Yield Mark
January 28, 2020 at 14:10 PM EST
In trading on Tuesday, shares of Seaspan Corp's 8.00% Series I Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares (SSW. RI) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.65 on the day.