Forward-Looking StatementsCertain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. These forward-looking statements are based on our current expectations and beliefs and are subject to a number of risk factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include without limitation the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for container shipping capacity, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors, as well as other risks that have been included in filings with the Securities and Exchange Commission, all of which are available at www.sec.gov. Contacts Box Ships Inc. firstname.lastname@example.orgAllen & Caron Inc.Michael Mason (Investors) email@example.com (212) 691-8087 Len Hall (Media) Len@allencaron.com (949) 474-4300 SOURCE Allen & Caron Inc.
In trading on Wednesday, shares of Box Ships Inc's 9.00% Series C Cumulative Redeemable Perpetual Preferred Shares were yielding above the 12% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $18.55 on the day. This compares to an average yield of 9.96% in the "Shipping" preferred stock category, according to Preferred Stock Channel.