RGC Resources, Inc. Declares Quarterly Dividend
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.
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
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.
Details
News Market Reaction – RGCO
The recorded move for RGCO in the trading session of this news was -0.74%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.