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NEW YORK ( TheStreet) -- The ex-dividend date for RPC (NYSE: RES) is tomorrow, May 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $10.16 as of 10 a.m. ET, the dividend yield is 3.1%. The average volume for RPC has been 1.9 million shares per day over the past 30 days. RPC has a market cap of $2.3 billion and is part of the basic materials sector and energy industry. Shares are down 14.4% year to date as of the close of trading on Friday. RPC, Inc. The company has a P/E ratio of 7.3, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.