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Todd Shipyards Corporation Announces Dividend
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Via Facsimile
Total Pages - 1
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Contact: Summer O'Connor
Shareholder Relations
206-623-1635 Ext. 106
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SEATTLE, WASHINGTON...June 6, 2005... Todd Shipyards Corporation ("Company") (NYSE:TOD) announced
that its Board of Directors, on June 3, 2005, declared a dividend of ten cents ($0.10) per share to be paid
September 23, 2005 to all shareholders of record as of September 8, 2005. The Company had previously
announced its intent to pay a dividend of ten cents ($0.10) per share payable on June 23, 2005 to all
shareholders of record as of June 8, 2005.
The Company's wholly owned subsidiary, Todd Pacific Shipyards Corporation, performs a substantial
amount of repair and maintenance work on commercial and federal government vessels engaged in various
seagoing trade activities in the Pacific Northwest. Its customers include cruise ships, U.S. flag
cargo carriers, fishing boats, tankers, tugs and barges, the U.S. Navy, the U.S. Coast Guard, the
Washington State Ferry system, the Alaska Marine Highway system, and other government units.
Todd has operated a shipyard in Seattle since 1916.
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