RGC Resources, Inc. Declares Quarterly Dividend
The Board of Directors of RGC Resources (NASDAQ: RGCO) declared a quarterly dividend of $0.195 per share on January 24, 2022.
Sentiment and the balance of points
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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.
Details
News Market Reaction – RGCO
The recorded move for RGCO in the trading session of this news was -0.31%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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 | |
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