Gulf Island Fabrication, Inc. Declares Dividend on Common Stock
Gulf Island Fabrication, Inc. (NASDAQ: GIFI), announced today that its
board of directors declared a dividend of $0.01 per share on Gulf Island
Fabrication, Inc.’s approximately 14.6 million shares of common stock
outstanding.
The dividend was declared during a regular meeting of the board held on
July 28, 2016, and is payable August 25, 2016, to shareholders of record
on August 11, 2016.
Gulf Island Fabrication, Inc., based in Houston, Texas, with fabrication
facilities located in Houma, Jennings and Lake Charles, Louisiana, and
San Patricio County, Texas, is a leading fabricator of offshore drilling
and production platforms, hull and/or deck sections of floating
production platforms and other specialized structures used in the
development and production of offshore oil and gas reserves. These
structures include jackets and deck sections of fixed production
platforms; hull and/or deck sections of floating production platforms
(such as tension leg platforms “TLPs”, “SPARs”, “FPSOs”, and “MinDOCs”),
piles, wellhead protectors, subsea templates and various production,
compressor and utility modules, offshore living quarters, towboats,
liftboats, tanks and barges. The Company also provides offshore
interconnect pipe hook-up, inshore marine construction, manufacture and
repair of pressure vessels, heavy lifts such as ship integration and TLP
module integration, loading and offloading of jack-up drilling rigs,
semi-submersible drilling rigs, TLPs, SPARs, or other similar cargo,
onshore and offshore scaffolding, piping insulation services, and steel
warehousing and sales.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160728006694/en/
Copyright Business Wire 2016
Source: Business Wire
(July 28, 2016 - 5:22 PM EDT)
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