Friday, July 29, 2016

Bought Seaspan (NYSE:SSW)

Bought 1315 shares of Seaspan (NYSE:SSW) at USD 15.20 on 27th July 2016.  Total Cost is USD 19,987.09.

This is a cyclical play.  It pays almost a 10% dividend while we wait for the container shipping industry to recover.  I may be 1 or 2 years too early.

For Singapore residents, dividends are reduced by 30% due to withholding tax.


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