Special to The Leader

Morgan City, Louisiana — Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced Tuesday that its Board of Directors has declared a quarterly dividend of $0.25 per share of common stock. The dividend is payable on September 17, 2015 to shareholders of record on August 27, 2015.

Conrad Industries, Inc., established in 1948 and headquartered in Morgan City, Louisiana, designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both the commercial and government markets. The company provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas.