Seaspan Corp. (SSW)

[saturn_five]

No surprise that SSW now has 5 straight quarters of strong positive cash flow generation. SSW mgmt continues to de-leverage, and also take advantage of good M&A opportunities ... increasing size of fleet, etc.
BoA analysts recently increased their P/T by 7.5 % ... now at $14.00
Since the big dividend cut in 2017, the cash dividend has held steady.
Though overall debt level is still high, I'm wondering if SSW might consider a (slight) dividend increase in 2020 ? ( Dividend yield is starting to lag, compared to SSW peers. )
Or, maybe mgmt has to hit a certain "leverage improvement target" before they consider a dividend raise, maybe in 2021 ?
SSW is a strong long-term hold for me.
Steady as she goes;
sailing on course for SSW, 225 degrees on the captain's compass rose !
$$$$ GLTA