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Seaspan Corporation Message Board

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  • patroutman patroutman Apr 29, 2009 12:46 PM Flag

    Buy now, get a 6% Dividend

    They no longer pay a Dividend, only a Divident now:

    Websters - Please note: A divident is a term made popular during the 2008-2010 Recession/Depression referring to the now poor, long term investors who previously harvested dividends on their beloved stocks.

    Divident can be used in place of Dividend when a company drastically cuts their regular dividend. For example, Seaspan (SSW) previously paid a dividend of .46 per quarter. On 4/28/2009 they cut their dividend to .10 per quarter. Their Dividend can now be referred to as a "Divident".

    Dividents may once again be referred to as Dividends once their yield surpasses or returns to their previous level before becoming termed a "Divident".

    Schedule:

    Divident Declaration Date: Apr-15-2009
    Divident Ex Date: Apr-28-2009
    Divident Record Date: Apr-30-2009
    Divident Pay Date: May-15-2009

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SSW
18.34-0.05(-0.27%)Jul 31 4:01 PMEDT