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MCDERMOTT INTERNATIONAL DECLARES DIVIDEND

 NEW ORLEANS, Nov. 9 /PRNewswire/ -- Robert E. Howson, chairman of the board and chief executive officer of McDermott International, Inc., (NYSE: MDR) said today the board of directors declared a quarterly dividend of $0.25 a share on the company's Common Stock and $0.71875 a share on the Series C Cumulative Convertible Preferred Stock, both payable Jan. 1, 1994, to stockholders of record on Dec. 15, 1993.
 In a separate action, the board of directors of McDermott Incorporated, a subsidiary of McDermott International, Inc., declared a quarterly dividend of $0.55 a share on the Series A $2.20 Cumulative Convertible Preferred Stock and $0.65 a share on the Series B $2.60 Cumulative Preferred Stock, both payable Jan. 1, 1994, to stockholders of record on Dec. 15, 1993.
 McDermott International, Inc. is a leading worldwide energy services company. The company and its subsidiaries manufacture steam-generating equipment, environmental equipment, and defense and aerospace products. They also provide engineering and construction services for industrial and utility facilities onshore, and to the oil and gas industry offshore.
 -0- 11/9/93
 /CONTACT: Don Washington of McDermott, 504-587-4080/
 (MDR)


CO: McDermott International, Inc. ST: Louisiana IN: OIL SU: DIV

BN-RA -- AT009 -- 2265 11/09/93 13:07 EST
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Publication:PR Newswire
Date:Nov 9, 1993
Words:207
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