RGC Resources, Inc. Declares Quarterly Dividend
The Board of Directors of RGC Resources declared a quarterly dividend of $0.185 per share on February 1, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
The Board of Directors of RGC Resources declared a quarterly dividend of $0.185 per share on February 1, 2021. This dividend will be paid on May 1, 2021, to shareholders on record by April 15, 2021. This marks the company's 308th consecutive quarterly cash dividend. RGC Resources provides energy services in Virginia through its subsidiaries, enhancing shareholder value through consistent dividend payouts.
Positive
- Quarterly dividend of $0.185 per share, demonstrating ongoing shareholder returns.
- 308th consecutive quarterly cash dividend reflects strong financial stability.
Negative
- None.
Details
News Market Reaction – RGCO
The recorded move for RGCO in the trading session of this news was +0.77%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ROANOKE, Va., Feb. 01, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on February 1, 2021, 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: | Randall P. Burton, II |
| Vice President and CFO | |
| Telephone: | 540-777-3997 |
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