dividend
confidence high
sentiment positive
materiality 0.60
RPC reinstates quarterly cash dividend of $0.02 per share; first since 2019
RPC INC
- Board declared $0.02 per share quarterly dividend, payable Sept 9, 2022; record date Aug 10, 2022.
- First dividend payment since 2019, per CEO Ben M. Palmer.
- Reinstatement reflects confidence in improving U.S. oilfield services industry and RPC's financial performance.