RGC Resources, Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO) declared a quarterly dividend of $0.195 per share on September 26, 2022. This dividend, marking the 314th consecutive quarterly cash dividend, will be payable on November 1, 2022 to shareholders on record as of October 14, 2022. RGC Resources provides energy products and services in Virginia through subsidiaries like Roanoke Gas Company.

Positive

• Quarterly dividend of $0.195 demonstrates ongoing commitment to shareholder returns.
• 314 consecutive quarterly cash dividends reflect strong financial stability.

Negative

• General risks associated with forward-looking statements may impact future financial performance.

ROANOKE, Va., Sept. 27, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on September 26, 2022, declared a quarterly dividend of $0.195 per share on the Company’s common stock. The dividend will be paid on November 1, 2022 to shareholders of record on October 14, 2022. This is the Company’s 314th 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 RGCO dividend amount declared in September 2022?

The RGCO dividend amount declared is $0.195 per share.

When will the RGCO dividend be paid?

The RGCO dividend will be paid on November 1, 2022.

What is the record date for the RGCO dividend?

The record date for the RGCO dividend is October 14, 2022.

How many consecutive quarterly dividends has RGCO paid?

RGCO has paid 314 consecutive quarterly cash dividends.