Box Ships Inc. announced that its Board of Directors declared a cash payment dividend of $0.5625 per share on its 9.00% Series C Cumulative Redeemable Perpetual Preferred Shares for the period from July 1, 2015 through September 30, 2015. The payment will be made on October 1, 2015 to all holders of Series C Preferred Shares of record as of September 30, 2015. The company has 916,333 Series C Preferred Shares outstanding as of the date of this report.

The payment dates for the Series C Preferred Shares are January 1, April 1, July 1 and October 1 of each year.