BizBuzz
Longview News-Journal business editor Mike Elswick, fickle fleeting fingers racing across his keyboard, updates East
Texans on business and consumer issues affecting them and the region in his blog -- BizBuzz. Mike, a self-professed business news junkie, joined the News-Journal staff in March 1984 and has covered a variety of issues, events and personalities in that time. His newspaper career has also included time as circulation director and a community newspaper publisher. He and his wife Nancy raised their three children in Longview and they have two grandchildren.
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2008 > May > 15 > Entry
LeTourneau parent declares dividend
By Mike Elswick
| Thursday, May 15, 2008, 03:47 PM
The parent company of Longview’s LeTourneau Technologies, Rowan Companies, Inc., of Houston, announced today that its board of directors has declared a cash dividend of 10 cents per share of common stock payable on June 13, to shareholders of record on May 30, 2008.
Rowan Companies, Inc. is a major provider of international and domestic offshore contract drilling services. The company also owns and operates a manufacturing division, LeTourneau, that produces equipment for the drilling, mining and timber industries. The company’s stock is traded on the New York Stock Exchange under the trading symbol RDC.
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