Tidewater Inc. (NYSE:TDW) announced that its Board of Directors declared on January 12, 2012, a quarterly cash dividend of $0.25 per share of common stock payable March 15, 2012, to shareholders of record on March 5, 2012.

Tidewater Inc. owns 354 vessels, the world's largest fleet of vessels serving the global offshore energy industry.

Tidewater Inc., New Orleans
Joe Bennett, 504-566-4506
Executive Vice President and Chief Investor Relations Officer