Bristow Group Announces Quarterly Dividend

HOUSTON, May 24, 2016 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS) announced today that its Board of Directors approved a $0.07 per share quarterly dividend.

The dividend will be payable on June 29, 2016 to stockholders of record at the close of business on June 14, 2016 (the "Record Date"). There were 34,978,397 shares of Bristow's common stock issued and outstanding as of May 20, 2016.

ABOUT BRISTOW GROUP INC.

Bristow Group Inc. (NYSE: BRS) is the leading global industrial aviation services provider based on the number of aircraft operated and one of two helicopter service providers to the offshore energy industry with global operations. The Company has major transportation operations in the North Sea, Nigeria and the U.S. Gulf of Mexico, and in most of the other major offshore oil and gas producing regions of the world, including Australia, Brazil, Canada, Russia and Trinidad. For more information, visit the Company's website at www.bristowgroup.com.

FORWARD-LOOKING STATEMENTS DISCLOSURE

Statements contained in this news release that state the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. These forward-looking statements include statements regarding future dividend payments. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements and may prevent the Company from continuing to pay a dividend and delivering a solid return to the Company's shareholders. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's SEC filings, including but not limited to the Company's annual report on Form 10-K for the fiscal year ended March 31, 2015. Bristow Group Inc. disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events or otherwise.

Contact:        

Linda McNeill          


Bristow Group Inc.


(713) 267-7622

 

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SOURCE Bristow Group Inc.