Conrad Declares Dividend

Conrad Industries, Inc. which provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas, announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock. The dividend is payable on June 14, 2016 to shareholders of record on May 24, 2016.

Established in 1948 and headquartered in Morgan City, Louisiana, Conrad Industries designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both the commercial and government markets.