RPC Stock To Go Ex-dividend Tomorrow (RES)

NEW YORK ( TheStreet) -- The ex-dividend date for RPC (NYSE: RES) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $15.49 as of 9:30 a.m. ET, the dividend yield is 3.1%.

The average volume for RPC has been 1.5 million shares per day over the past 30 days. RPC has a market cap of $2.6 billion and is part of the basic materials sector and energy industry. Shares are down 15% year to date as of the close of trading on Monday.

RPC, Inc. The company has a P/E ratio of 7.6, below the average energy industry P/E ratio of 9.2 and below the S&P 500 P/E ratio of 17.7.

• Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates RPC as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full RPC Ratings Report.

See our dividend calendar or top-yielding stocks list.