RGC Resources, Inc. Declares Quarterly Dividend

Rhea-AI Summary

RGC Resources (NASDAQ: RGCO) has announced its 324th consecutive quarterly dividend payment. The company declared a quarterly dividend of $0.2075 per share on its common stock, scheduled for payment on May 1, 2025, to shareholders of record as of April 17, 2025.

RGC Resources operates through its subsidiaries, including Roanoke Gas Company and RGC Midstream, providing energy and related services to customers in Virginia. The company acknowledges various risk factors that could affect future performance, including gas prices, supply challenges, geopolitical considerations, and regulatory issues.

Positive

• 324 consecutive quarterly dividend payments demonstrating strong dividend reliability
• Maintained consistent quarterly dividend of $0.2075 per share

Negative

• Company faces multiple risk factors including gas price volatility and supply challenges
• Exposure to regulatory and legal uncertainties that could impact operations

ROANOKE, Va., March 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO) declared a quarterly dividend of $0.2075 per share on the Company’s common stock. The dividend will be paid on May 1, 2025 to shareholders of record on April 17, 2025. This is the Company’s 324th 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.

The statements in this release that are not historical facts constitute “forward-looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. 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 any expectations expressed in the Company’s forward-looking statements, regarding customer growth, infrastructure investment and margins. These risks and uncertainties include gas prices and supply, geopolitical considerations and regulatory and legal challenges along with risks included under Item 1-A in the Company’s fiscal 2024 Form 10-K. Forward-looking statements reflect the Company’s current expectations only as of the date they are made. The Company assumes no duty to update these statements should expectations change or actual results differ from current expectations except as required by applicable laws and regulations.

Past performance is not necessarily a predictor of future results.

Contact:	Timothy J. Mulvaney
	Vice President, Treasurer and CFO
Telephone:	540-777-3997

FAQ

What is the dividend amount and payment date for RGCO's latest quarterly dividend?

RGCO declared a quarterly dividend of $0.2075 per share, payable on May 1, 2025, to shareholders of record as of April 17, 2025.

How many consecutive quarterly dividends has RGCO paid?

RGC Resources has paid 324 consecutive quarterly cash dividends, demonstrating a long history of consistent shareholder returns.

What are the main risk factors identified by RGCO for future performance?

Key risks include gas prices and supply fluctuations, geopolitical considerations, regulatory challenges, and legal issues that could affect company performance.

What are RGCO's main operating subsidiaries and service areas?

RGCO operates through Roanoke Gas Company and RGC Midstream, providing energy and related services to customers in Virginia.