Great Lakes Dredge & Dock Corporation Declares a Special Dividend of $0.25
Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD) announces that its Board of Directors (“the Board”) has declared a special dividend on its common stock. The Board approved a $0.25 per share special dividend, to be paid on December 28, 2012 to the shareholders of record of the Company at the close of business on December 21, 2012. Future dividend payments remain subject to the discretion of the Board and depend on the Company's results of operations, financial position, cash flow generation and other business factors deemed relevant by the Board of Directors.... Read more
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