|
|
 |
|
|
|
|
|
|
|
|
|
Todd Shipyards Corporation Announces Dividend
|
|
|
Via Facsimile
Total Pages - 1
|
Contact: Hilary Pickerel
Shareholder Relations
206-623-1635 Ext. 106
|
|
|
SEATTLE, WASHINGTON...December 16, 2005...
Todd Shipyards Corporation ("Company") (NYSE:TOD) announced that its
Board of Directors, on December 16, 2005, declared a dividend of ten cents
($0.10) per share to be paid March 23, 2006 to all shareholders of
record as of March 8, 2006. The Company had previously announced its intent
to pay a dividend of ten cents ($0.10) per share payable on December 23, 2005
to all shareholders of record as of December 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 the U.S. Navy, the U.S.
Coast Guard, the Washington State Ferry system, NOAA, the Alaska Marine Highway
system, and other government units.
Todd has operated a shipyard in Seattle since 1916.
|
|
|
|
