STOCK TITAN

RGC Resources, Inc. Declares Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
RGC Resources, Inc. declares quarterly dividend of $0.1975 per share on common stock.
Positive
  • Quarterly dividend declared
Negative
  • None.

ROANOKE, Va., Sept. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on September 25, 2023, declared a quarterly dividend of $0.1975 per share on the Company’s common stock. The dividend will be paid on November 1, 2023 to shareholders of record on October 16, 2023. This is the Company’s 318th consecutive quarterly cash dividend.

RGC Resources, Inc. provides energy and related products and services to approximately 63,500 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 and those set forth in the Company’s Form 10-K for the year ended September 30, 2022. 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:
Paul W. Nester
President and CEO
540-777-4427


RGC Resources Inc

NASDAQ:RGCO

RGCO Rankings

RGCO Latest News

RGCO Stock Data

213.23M
8.12M
19.91%
36.48%
0.64%
Fossil Fuel Electric Power Generation
Utilities
Link
United States of America
ROANOKE

About RGCO

rgc resources, inc., through its subsidiaries, operates as an energy services company. the company sells and distributes natural gas to residential, commercial, and industrial customers in roanoke, virginia, and the surrounding localities. it also provides various unregulated services. the company operates approximately 1,144 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates 9 metering stations. rgc resources, inc. was founded in 1883 and is based in roanoke, virginia.