STOCK TITAN

RGC Resources, Inc. Declares Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

The Board of Directors of RGC Resources (NASDAQ: RGCO) declared a quarterly dividend of $0.195 per share on January 24, 2022. This dividend, marking the company’s 312th consecutive quarterly cash dividend, will be paid on May 1, 2022, to shareholders of record as of April 15, 2022. RGC Resources provides energy and related services in Virginia through subsidiaries like Roanoke Gas Company and RGC Midstream.

Positive
  • Quarterly dividend of $0.195 per share, showing consistent returns to shareholders.
  • 312 consecutive quarterly cash dividends reflect the company's stability and commitment to shareholder value.
Negative
  • None.

ROANOKE, Va., Jan. 24, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on January 24, 2022, declared a quarterly dividend of $0.195 per share on the Company’s common stock. The dividend will be paid on May 1, 2022 to shareholders of record on April 15, 2022. This is the Company’s 312th 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:   Lawrence T. Oliver
Vice President and Interim CFO
Telephone: 540-777-3985
   

FAQ

What is the dividend amount declared by RGCO?

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

When will RGCO pay the dividend?

The dividend will be paid on May 1, 2022.

What is the record date for RGCO's dividend?

The record date for the dividend is April 15, 2022.

How many consecutive dividends has RGCO paid?

RGC Resources has paid 312 consecutive quarterly cash dividends.

RGC Resources Inc

NASDAQ:RGCO

RGCO Rankings

RGCO Latest News

RGCO Stock Data

227.37M
10.22M
19.88%
37.58%
0.45%
Utilities - Regulated Gas
Natural Gas Transmission & Distribution
Link
United States of America
ROANOKE