RGC Resources, Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of RGC Resources (NASDAQ: RGCO) declared a quarterly dividend of $0.195 per share, marking the 313th consecutive quarterly cash dividend. This dividend will be paid on August 1, 2022 to shareholders of record by July 15, 2022. RGC Resources, operating primarily in Virginia, provides energy and related services through its subsidiaries, including Roanoke Gas Company and RGC Midstream. The company has issued forward-looking statements, highlighting potential risks that may affect actual results compared to expectations.

Positive

• Quarterly dividend of $0.195 reflects ongoing shareholder returns.
• 313 consecutive quarterly dividends indicate strong financial stability.

Negative

• Forward-looking statements carry inherent risks that may affect anticipated financial performance.

ROANOKE, Va., April 28, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on April 25, 2022, declared a quarterly dividend of $0.195 per share on the Company’s common stock. The dividend will be paid on August 1, 2022 to shareholders of record on July 15, 2022. This is the Company’s 313th consecutive quarterly cash dividend.

RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company and RGC Midstream, L.L.C.

From time to time, the Company may publish forward-looking statements relating to such matters as anticipated financial performance, business prospects, technological developments, new products, research and development activities and similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company’s actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company’s forward-looking statements. Past performance is not necessarily a predictor of future results.

Contact:	Jason A. Field
	Vice President and CFO
Telephone:	540-777-3997

FAQ

What is the dividend amount declared by RGC Resources (RGCO)?

RGC Resources has declared a dividend of $0.195 per share.

When will the dividend be paid to shareholders of RGC Resources?

The dividend will be paid on August 1, 2022.

Who are the shareholders of record for the RGC Resources dividend?

The shareholders of record are those holding shares by July 15, 2022.

How many consecutive quarterly dividends has RGC Resources declared?

RGC Resources has declared 313 consecutive quarterly cash dividends.