GlobalSantaFe Board Approves Quarterly Cash Dividend

GlobalSantaFe Corporation (NYSE: GSF) announced that its board of directors has increased the company's regular quarterly cash dividend of $0.05 per ordinary share to $0.075 per ordinary share. The increased dividend is payable on January 18, 2005, to shareholders of record as of the close of business on December 31, 2004.
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