8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

        Date of Report (Date of Earliest Event Reported): April 26, 2006


                          GULF ISLAND FABRICATION, INC.
             (Exact name of registrant as specified in its charter)


          Louisiana                    0-22303                   72-1147390
(State or other jurisdiction         (Commission               (IRS Employer
       of incorporation)             File Number)            Identification No.)


                                583 Thompson Road
                             Houma, Louisiana 70363
               (Address of principal executive offices)(Zip Code)


                                 (985) 872-2100
              (Registrant's telephone number, including area code)


                                 Not applicable
          (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17
    CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
    CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17CFR 240.13e-4(c))




Item 8.01 Other Events.

     On April 26, 2006, Gulf Island Fabrication, Inc. issued a press release
announcing the declaration of a common stock dividend. A copy of the press
release is attached as Exhibit 99.2.


Item 9.01 Financial Statements and Exhibits.

     (c)  Exhibits

               The following exhibit is filed herewith:

               Exhibit No.    Description
               99.2           Press Release dated April 26, 2006



                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                               GULF ISLAND FABRICATION, INC.

                                               By: /s/ Joseph P. Gallagher, III
                                                   ----------------------------
                                                     Joseph P. Gallagher, III
                                                     Vice President - Finance,
                                                     Chief Financial Officer
                                                            and Treasurer
                                                  (Principal Financial Officer
                                                   and Duly Authorized Officer)

Dated: April 26, 2006

EX-99.2

                                                                    Exhibit 99.2

        Gulf Island Fabrication, Inc. Declares Dividend on Common Stock

     HOUMA, La.--(BUSINESS WIRE)--April 26, 2006--Gulf Island Fabrication, Inc.
(NASDAQ: GIFI), announced today that its board of directors declared a dividend
of $0.075 per share on Gulf Island Fabrication, Inc.'s approximately 13.9
million shares of common stock outstanding.
     The dividend was declared during a regular meeting of the board held on
April 26, 2006 and is payable May 19, 2006, to shareholders of record on May 9,
2006.
     Gulf Island Fabrication, Inc., based in Houma, Louisiana, is a leading
fabricator of offshore drilling and production platforms, offshore living
quarters and other specialized structures used in the development and production
of offshore oil and gas reserves. The company also offers offshore interconnect
pipe hook-up, inshore marine construction, manufacture and repair of pressure
vessels, and steel warehousing and sales.


     CONTACT: Gulf Island Fabrication, Inc.
              Joseph "Duke" Gallagher, 985-872-2100
              or
              Kerry J. Chauvin, 985-872-2100
              http://www.gulfisland.com