Ridgepost Capital, Inc (RPC) to Issue Quarterly Dividend of $0.04 on September 18th

Ridgepost Capital, Inc (NYSE:RPC) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Monday, August 31st will be paid a dividend of 0.04 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, August 31st.

Ridgepost Capital Price Performance

NYSE:RPC opened at $8.70 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.71 and a current ratio of 2.71. The stock has a market cap of $959.09 million, a price-to-earnings ratio of 34.80 and a beta of 0.88. The company’s 50 day moving average price is $8.39. Ridgepost Capital has a 1-year low of $6.79 and a 1-year high of $12.55.

Wall Street Analysts Forecast Growth

Several research firms recently commented on RPC. Weiss Ratings restated a “hold (c-)” rating on shares of Ridgepost Capital in a research report on Monday, June 8th. Barclays dropped their target price on Ridgepost Capital from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Wall Street Zen lowered Ridgepost Capital from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, Oppenheimer reduced their price target on Ridgepost Capital from $16.00 to $15.00 and set an “outperform” rating for the company in a report on Thursday. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $13.00.

About Ridgepost Capital

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non?exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.