On Wednesday, shares of RPC, Inc. (Symbol: RES) were trading as low as $5.24, yielding over 3% based on its quarterly dividend of $0.16. The company is included in the Russell 3000, indicating it is among the largest 3,000 companies in the U.S. stock market.
Historical data shows that dividends have significantly contributed to total market returns. For instance, an investment in the iShares Russell 3000 ETF (IWV) from 2000 to 2012 saw a minor price decline of 0.6%, yet through dividends, the total return was increased to 13.15%. This context underscores the appeal of RPC, Inc.’s current sustainable dividend yield.
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