-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IPT1sDwfi/pR+jOm70IzGj6Ic8UYUzmedcB4h314l52/6L0jONSlzfctk4mdMvxE pzi3JpnZ/b1JWRcu97zbZA== 0000085408-06-000077.txt : 20061101 0000085408-06-000077.hdr.sgml : 20061101 20061031183412 ACCESSION NUMBER: 0000085408-06-000077 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20061031 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061101 DATE AS OF CHANGE: 20061031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROWAN COMPANIES INC CENTRAL INDEX KEY: 0000085408 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 750759420 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05491 FILM NUMBER: 061176801 BUSINESS ADDRESS: STREET 1: 2800 POST OAK BLVD. STREET 2: SUITE 5450 CITY: HOUSTON STATE: TX ZIP: 77056-6127 BUSINESS PHONE: 7136217800 MAIL ADDRESS: STREET 1: 2800 POST OAK BOULEVARD STREET 2: SUITE 5450 CITY: HOUSTON STATE: TX ZIP: 77056-6127 FORMER COMPANY: FORMER CONFORMED NAME: ROWAN DRILLING CO INC DATE OF NAME CHANGE: 19711110 FORMER COMPANY: FORMER CONFORMED NAME: ROWAN DRILLING CO DATE OF NAME CHANGE: 19671112 8-K 1 regdividend.htm REGULAR DIVIDEND Regular dividend


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  October 31, 2006
 
 
ROWAN COMPANIES, INC.
(Exact name of registrant as specified in its charter)
 
 
 DELAWARE
 1-5491
 75-0759420
 (State or other jurisdiction
(Commission
  (IRS Employer
of incorporation)
file Number)
 Identification No.)
    

 
  2800 POST OAK BOULEVARD
 
 SUITE 5450
 
 HOUSTON, TEXAS
 77056-6127
 (Address of principal executive offices)
 (zip code)
        
 
(713) 621-7800
(Registrant’s telephone number, including area code)


Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))
 



 
Item 8.01 - Other Events

The following information is disclosed pursuant to Item 8.01 - Other Events:
 
 
On October 31, 2006, Rowan Companies, Inc. issued a press release announcing the declaration of a 10 cent quarterly dividend.  The press release is attached as Exhibit 99.
   
 


Item 9.01 - Financial Statements and Exhibits

(c) Exhibits
 

Exhibit
   
Number
 
Exhibit Description
     
99
 

 
 
-2-

 
SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ROWAN COMPANIES, INC.

                 By: /s/ W. H. WELLS_________________
W. H. Wells,
Vice President - Finance and Treasurer (Principal Financial Officer)


Dated: October 31, 2006
 
 
 

-3- 

 
 
INDEX TO EXHIBITS
 
 
Exhibit
   
Number
 
Exhibit Description
99
 
     
 

 
 
 

-4- 

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EXHIBIT 99
 
                                                         Rowan Companies, Inc.
News Release                                                                       2800 Post Oak Boulevard, Suite 5450
                                                         Houston, Texas 77056 (713) 621-7800

FOR IMMEDIATE RELEASE                                                                      October 31,  2006
 
ROWAN DECLARES 10 CENT QUARTERLY DIVIDEND


HOUSTON, TEXAS -- Rowan Companies, Inc. (NYSE: RDC) announced today that its Board of Directors has declared a cash dividend of 10¢ per share of Common Stock payable on November 29, 2006 to shareholders of record on November 13, 2006.

The Company reinstituted a regular quarterly dividend in May 2006.

Rowan Companies, Inc. is a major provider of international and domestic offshore contract drilling services. The Company also owns and operates a manufacturing division that produces equipment for the drilling, mining and timber industries. The Company’s stock is traded on the New York Stock Exchange and NYSE Arca. Common Stock trading symbol: RDC. Contact: William C. Provine, Vice-President - Investor Relations, 713-960-7575. Website: www.rowancompanies.com
 


This report contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements as to the expectations, beliefs and future expected financial performance of the Company that are based on current expectations and are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected by the Company. Among the factors that could cause actual results to differ materially include oil and natural gas prices, the level of offshore expenditures by energy companies, energy demand, the general economy, including inflation, weather conditions in the Company’s principal operating areas and environmental and other laws and regulations. Other relevant factors have been disclosed in the Company’s filings with the U. S. Securities and Exchange Commission.

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