Gulf Island Fabrication (GIFI) Declares $0.10 Quarterly Dividend; 3.6% Yield

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Gulf Island Fabrication, Inc. Reports Third Quarter Earnings

October 29, 2015 5:06 PM EDT

HOUSTON--(BUSINESS WIRE)--

Gulf Island Fabrication, Inc. (NASDAQ: GIFI) today reported a net loss of $12.1 million ($(0.84) diluted loss per share) on revenue of $67.5 million for its third quarter ended September 30, 2015, compared to net income of $7.6 million ($0.52 diluted income per share) on revenue of $118.0 million for the third quarter ended September 30, 2014.

The company had a revenue backlog of $135.1 million and a labor backlog of approximately 1.3 million hours at September 30, 2015, including commitments received through October 26, 2015, compared to a revenue backlog of 126.2 million and a labor backlog of 1.3 million hours... More

Gulf Island Fabrication, Inc. Declares Dividend on Common Stock

October 29, 2015 4:00 PM EDT

HOUSTON--(BUSINESS WIRE)-- Gulf Island Fabrication, Inc. (NASDAQ: GIFI), announced today that its board of directors declared a dividend of $0.10 per share on Gulf Island Fabrication, Inc.s approximately 14.6 million shares of common stock outstanding.

The dividend was declared during a regular meeting of the board held on October 29, 2015 and is payable November 27, 2015, to shareholders of record on November 13,... More