Smith International, Inc. Announces 25 Percent Increase in Quarterly Dividend.HOUSTON -- Smith International, Inc. (NYSE NYSE See: New York Stock Exchange :SII SII Servicio de Impuestos Internos (Chile) SII Seiko Instruments, Inc. SII Strong Interest Inventory SII Standards Institution of Israel SII Securities and Investment Institute (UK) ) today announced that its Board of Directors has approved a 25 percent increase in its quarterly cash dividend. The Board declared a dividend in the amount of $0.10 per share which is payable April 16, 2007 to stockholders of record on March 15, 2007. Smith International, Inc. is a leading worldwide supplier of premium products and services to the oil and gas exploration and production industry, the petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. industry and other industrial markets through its four principal business units - M-I SWACO SWACO Solid Waste Authority of Central Ohio (Grove City, OH) , Smith Technologies, Smith Services and Wilson. |
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