RGC Resources, Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of RGC Resources (NASDAQ: RGCO) declared a quarterly dividend of $0.185 per share, scheduled for November 1, 2021, to shareholders of record by October 15, 2021. This marks the company's 310th consecutive quarterly cash dividend, demonstrating a consistent commitment to returning value to investors. RGC Resources provides energy products and services in Virginia through its subsidiaries, including Roanoke Gas Company and RGC Midstream.

Positive

• Quarterly dividend of $0.185 per share declared, reflecting financial stability and commitment to shareholders.
• 310th consecutive quarterly cash dividend demonstrating a strong track record of dividend payments.

Negative

• None.

ROANOKE, Va., Sept. 27, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on September 27, 2021, declared a quarterly dividend of $0.185 per share on the Company’s common stock. The dividend will be paid on November 1, 2021 to shareholders of record on October 15, 2021. This will be the Company’s 310th 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:	Paul W. Nester
	President and CEO
Telephone:	540-777-3837

        
                 
       

FAQ

What is the dividend amount declared by RGC Resources?

RGC Resources declared a quarterly dividend of $0.185 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on November 1, 2021.

What is the record date for the dividend of RGCO?

The record date for the dividend is October 15, 2021.

How many consecutive quarterly dividends has RGC Resources paid?

RGC Resources has paid 310 consecutive quarterly cash dividends.