RGC Resources, Inc. Declares Quarterly Dividend
RGC Resources, Inc. (NASDAQ: RGCO) announced the declaration of a $0.20 per share quarterly dividend for its common stock, marking the 321st consecutive quarterly cash dividend.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
RGC Resources, Inc. (NASDAQ: RGCO) announced the declaration of a $0.20 per share quarterly dividend for its common stock, marking the 321st consecutive quarterly cash dividend. The dividend will be paid on August 1, 2024, to shareholders of record on July 17, 2024. RGC Resources, Inc. provides energy and related products and services in Virginia through its subsidiaries.
Details
News Market Reaction – RGCO
The recorded move for RGCO in the trading session of this news was +0.80%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ROANOKE, Va., May 02, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on May 1, 2024, declared a quarterly dividend of
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 2023 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, CFO and Treasurer |
| Telephone: | 540-777-3997 |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When will the quarterly dividend be paid?
The quarterly dividend of $0.20 per share will be paid on August 1, 2024.
How many consecutive quarterly cash dividends has RGC Resources, Inc. declared?
This is the 321st consecutive quarterly cash dividend declared by RGC Resources, Inc.
What products and services does RGC Resources, Inc. provide?
RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its subsidiaries.