RPC, Inc. Announces 25 Percent Increase in Quarterly Cash Dividend
ATLANTA, Oct. 26, 2011 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors declared a 25.0 percent increase in the regular quarterly cash dividend from $0.08 per share to $0.10 per share payable December 9, 2011 to common stockholders of record at the close of business on November 10, 2011.
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 Web site can be found at www.rpc.net.
For information about RPC, Inc. or this event, please contact:
Ben M. Palmer
Chief Financial Officer
Vice President, Corporate Finance
SOURCE RPC, Inc.