RPC, Inc. (RES): Is Its Net Cash Position Enough to Protect the Dividend?

We just covered the 10 Best Debt-Free Dividend Stocks to Buy Right Now, and RPC, Inc. (NYSE:RES) ranks 10th on this list.

Debt is increasingly common in the stock market, particularly as the technology companies use it to fund their AI spending. On November 2, Reuters reported that the world’s largest tech firms are turning to the debt markets and raising equity to fund their AI infrastructure. That’s a significant shift for the Valley firms that have traditionally funded their investments...