DryShips (DRYS) Declares $2.5M Quarterly Dividend

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DryShips Inc. Announces 2nd Consecutive Common Stock Dividend for the Quarter Ended March 31, 2017

April 11, 2017 4:05 PM EDT

ATHENS, GREECE -- (Marketwired) -- 04/11/17 -- DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips"), a diversified owner of ocean going cargo vessels, announced today that its Board of Directors has declared a quarterly cash dividend with respect to the quarter ended March 31, 2017, under the previously announced new dividend policy. Under this policy, the Company will pay a regular fixed quarterly dividend of $2.5 million to the holders of common stock.

With respect to the quarter ended March 31, 2017, the Board of Directors declared a dividend of $2.5 million to the common shareholders of record as of... More