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RPC, Inc. Announces Regular Quarterly Cash Dividend

RPC, Inc. (NYSE: RES) has declared a quarterly cash dividend of $0.02 per share, scheduled for payment on December 9, 2022.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

RPC, Inc. (NYSE: RES) has declared a quarterly cash dividend of $0.02 per share, scheduled for payment on December 9, 2022. This dividend is for common stockholders on record as of November 10, 2022. RPC provides specialized oilfield services to both independent and major oilfield companies across the U.S. and selected international markets, highlighting its extensive reach in the oil and gas sector.

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Positive

  • Declared a quarterly cash dividend of $0.02 per share for shareholders.
  • Payment date set for December 9, 2022, indicates consistent returns for investors.

Negative

  • None.
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+9.86% session move Open Argus
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News Market Reaction – RES

The recorded move for RES in the trading session of this news was +9.86%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ATLANTA, Oct. 26, 2022 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.02 per share payable December 9, 2022 to common stockholders of record at the close of business on November 10, 2022.

RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets.  RPC's investor website can be found on the internet at RPC.net.

For information about RPC, Inc. or this event, please contact:

Michael L. Schmit
Chief Financial Officer
(404) 321-2140
irdept@rpc.net

Jim Landers
Vice President Corporate Services
(404) 321-2162
jlanders@rpc.net

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/rpc-inc-announces-regular-quarterly-cash-dividend-301659291.html

SOURCE RPC, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by RPC, Inc. for Q4 2022?

RPC, Inc. declared a dividend of $0.02 per share for Q4 2022.

When will the dividend be paid to shareholders?

The dividend will be paid on December 9, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is November 10, 2022.

How often does RPC, Inc. declare dividends?

RPC, Inc. typically declares dividends on a quarterly basis.

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