Second, our new building construction program progressed according to schedule. We expect to take delivery of our four remaining 13100 TEU new vessels in March and April this year, all of which we’ve commenced 12-year charter with COSCO.Third, our Board declared dividend on our common stock and our Series C preferred shares. We remain committed to growing our common share dividend in a suspendable manner that preserves our financial strength and our ability to expand our fleet. In line with our commitment, I am pleased to announce that we have increased our first quarter 2011 quarterly common share dividend by 33%, $0.25 per share.
Seaspan's CEO Discusses Q4 2011 Results - Earnings Call (Transcript)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts