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Seaspan's Series I Preferred Shares Cross 7.5% Yield Mark

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.
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