RPC INC 8-K
Research Summary
AI-generated summary
RPC, Inc. Announces Quarterly Cash Dividend of $0.04
What Happened RPC, Inc. (ticker: RES) filed an 8-K on April 28, 2026 to announce that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share. The dividend is payable on June 10, 2026 to common stockholders of record at the close of business on May 11, 2026. The filing included a press release dated April 28, 2026; the form was signed by Michael L. Schmit, Vice President and Chief Financial Officer.
Key Details
- Dividend amount: $0.04 per common share.
- Record date: May 11, 2026 (close of business).
- Payment date: June 10, 2026.
- Announcement filed via Form 8-K on April 28, 2026 and accompanied by a press release.
Why It Matters A declared cash dividend provides a direct cash return to shareholders and signals the company’s decision to distribute earnings rather than retain that amount. For income-focused investors, the $0.04 quarterly payout is a concrete near-term cash flow; investors should compare this to RPC’s recent dividend history and their own income needs. The 8-K filing is informational and does not by itself change company operations or financial results.
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