B&W Announces Quarterly Dividend

The Board of Directors of The Babcock & Wilcox Company (B&W) (NYSE:BWC) has declared a quarterly dividend of $0.10 per share on the outstanding common shares of the company, payable on March 17, 2014 to shareholders of record at the close of business on February 28, 2014.

About B&W
Headquartered in Charlotte, N.C., The Babcock & Wilcox Company is a leader in clean energy technology and services, primarily for the nuclear, fossil and renewable power markets, as well as a premier advanced technology and mission critical defense contractor. B&W has locations worldwide and employs approximately 11,000 people, in addition to approximately 10,400 joint venture employees. Learn more at www.babcock.com.

Contacts:

The Babcock & Wilcox Company
Investor Contact:
Jenny L. Apker, 704-625-4937
Vice President, Treasurer and Investor Relations
investors@babcock.com

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