Smith International, Inc. Announces 20 Percent Increase in Quarterly Dividend
Posted on: Wednesday, 6 February 2008, 18:00 CST
Smith International, Inc. (NYSE:SII) today announced that its Board of Directors has approved a 20 percent increase in its quarterly cash dividend. The Board declared a dividend in the amount of $0.12 per share which is payable April 14, 2008 to stockholders of record on March 14, 2008.
Smith International, Inc. is a leading worldwide supplier of premium products and services to the oil and gas exploration and production industry, the petrochemical industry and other industrial markets through its four principal business units -- M-I SWACO, Smith Technologies, Smith Services and Wilson.
Source: Business Wire
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