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8-K - FORM 8-K - TIDEWATER INC | d8k.htm |
Exhibit 99.1
Tidewater Declares Quarterly Dividend on Common Stock
NEW ORLEANS, January 20, 2011 Tidewater Inc. (NYSE: TDW) announced that its Board of Directors declared on January 20, 2011, a quarterly dividend of $.25 per share on Tidewaters approximately 51.4 million shares of common stock outstanding.
The dividend is payable March 15, 2011, to shareholders of record on March 4, 2011.
Tidewater Inc. owns 384 vessels, the worlds largest fleet of vessels serving the global offshore energy industry.
CONTACT: Tidewater Inc., New Orleans
Joe Bennett, Executive Vice President and Chief Investor Relations Officer
504-566-4506
SOURCE: Tidewater Inc.
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