RGC Resources, Inc. Declares Quarterly Dividend
The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO) declared a quarterly dividend of $0.195 per share on September 26, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO) declared a quarterly dividend of $0.195 per share on September 26, 2022. This dividend, marking the 314th consecutive quarterly cash dividend, will be payable on November 1, 2022 to shareholders on record as of October 14, 2022. RGC Resources provides energy products and services in Virginia through subsidiaries like Roanoke Gas Company.
Positive
- Quarterly dividend of $0.195 demonstrates ongoing commitment to shareholder returns.
- 314 consecutive quarterly cash dividends reflect strong financial stability.
Negative
- General risks associated with forward-looking statements may impact future financial performance.
Details
News Market Reaction – RGCO
The recorded move for RGCO in the trading session of this news was -0.24%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ROANOKE, Va., Sept. 27, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on September 26, 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: | Jason A. Field Vice President and CFO |
| Telephone: | 540-777-3997 |
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