Diamond Offshore Drilling, Inc. (DO) Declares $0.125 Quarterly Dividend; 0.7% Yield

Diamond Offshore Drilling, Inc. (NYSE: DO) declared a quarterly dividend of $0.125 per share, or $0.5 annualized.

The dividend will be payable on September 1, 2011, to stockholders of record on August 1, 2011, with an ex-dividend date of July 28, 2011.

The annual yield on the dividend is 0.7 percent.

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