Tidewater Maintains Quarterly Dividend
- May 8, 2009
- Dividend News, Dividend Stocks
- Add a comment
Tidewater (TDW: 58.53 +0.53%) announced today that will maintain their quarterly dividend payment of $.25 per share.
Tidewater’s current dividend yield now stands at 2.2%.
The markets reacted positively to the news, sending Tidewater’s shares up 5.7% to $47.09. Since the beginning of the year, TDW’s shares have gained 17% as the stock has easily outperformed the 2% decline in the Dow Jones industrial average.
The quarterly dividend will be payable on June 16, 2009 to shareholders of record as of Jun 5, 2009.
