Rowan Companies plc(RDC)- NYSE
  • Wed, Jan. 27, 7:48 PM
    • Rowan Companies (NYSE:RDC) says it's gotten an extension of its revolving credit, to stretch its maturity date to 2021, and has eliminated its quarterly cash dividend of $0.10.
    • The dividend cut will provide the company with another $50M of liquidity annually, the company says.
    • Rowan is well positioned with high quality contract backlog, no newbuild capital commitments, strong liquidity, and an attractive debt maturity profile," says CEO Tom Burke. "The actions announced today further strengthen our credit profile, which we believe will be a competitive advantage during this extremely challenging business cycle.
    • Along with those moves, the company says it retired about $98M of senior debt during the fourth quarter that would have come due in the next four years, eliminating $21M in interest payments.
    • Shares were up 0.7% after hours.
    | Wed, Jan. 27, 7:48 PM
  • Oct. 29, 2015, 3:38 PM
    • Rowan (NYSE:RDC) declares $0.10/share quarterly dividend, in line with previous.
    • Forward yield 2.12%
    • Payable Nov. 23; for shareholders of record Nov. 9; ex-div Nov. 5.
    | Oct. 29, 2015, 3:38 PM
  • Jul. 31, 2015, 9:36 AM
    • Rowan (NYSE:RDC) declares $0.10/share quarterly dividend, in line with previous.
    • Forward yield 2.26%
    • Payable Aug. 25; for shareholders of record Aug. 11; ex-div Aug. 7.
    | Jul. 31, 2015, 9:36 AM | 1 Comment
  • May 1, 2015, 9:29 AM
    • Rowan (NYSE:RDC) declares $0.10/share quarterly dividend, in line with previous.
    • Forward yield 1.89%
    • Payable May 26; for shareholders of record May 12; ex-div May 8.
    | May 1, 2015, 9:29 AM
  • Jan. 29, 2015, 8:36 AM
    • Rowan (NYSE:RDC) declares $0.10/share quarterly dividend, in line with previous.
    • Forward yield 1.89%
    • Payable March 3; for shareholders of record Feb. 9; ex-div Feb. 5.
    | Jan. 29, 2015, 8:36 AM
  • Oct. 30, 2014, 9:11 AM
    • Rowan (NYSE:RDC) declares $0.10/share quarterly dividend, in line with previous.
    • Forward yield 1.67%
    • Payable Nov. 25; for shareholders of record Nov. 11; ex-div Nov. 7.
    | Oct. 30, 2014, 9:11 AM
  • Jul. 31, 2014, 9:07 AM
    • Rowan (NYSE:RDC) declares $0.10/share quarterly dividend, in line with previous.
    • Forward yield 1.29%
    • Payable Aug. 26; for shareholders of record Aug. 11; ex-div Aug. 7.
    | Jul. 31, 2014, 9:07 AM
  • Apr. 25, 2014, 9:05 AM
    • Rowan Companies plc (RDC) declares $0.10/share quarterly dividend.
    • Forward yield 1.27%
    • Payable May 20; for shareholders of record May 5; ex-div May 1.
    | Apr. 25, 2014, 9:05 AM
Company Description
Rowan Cos. Plc engages in the business of providing international and domestic offshore oil and gas contract drilling services. The company focuses on high specification and premium jack-up rigs, which are used for exploratory and development drilling operations. It conducts offshore drilling... More
Industry: Oil & Gas Drilling & Exploration
Country: United States