RGC Resources, Inc. Raises Annual Dividend to $0.87 Per Share
Rhea-AI Summary
RGC Resources (Nasdaq: RGCO) announced a quarterly dividend of $0.2175 per share, implying an annual dividend of $0.87 per share, a $0.04 (4.8%) increase versus the prior annual level. The Board declared the dividend on November 24, 2025 and will pay it on February 2, 2026 to shareholders of record on January 16, 2026.
The company noted this marks its 22nd consecutive year of annual dividend increases and its 327th consecutive quarterly cash dividend. Management tied the increase to fiscal 2025 earnings and investments in Roanoke Gas utility and MVP expansion projects, and cautioned that future dividends are not assured.
Positive
- Annual dividend raised to $0.87 per share
- Increase of $0.04 per share (4.8%)
- 22 consecutive years of annual dividend increases
- 327th consecutive quarterly cash dividend
Negative
- Dividend increase of 4.8% is modest
- Company cautioned that future dividends are not assured
Insights
Dividend raised to
RGC Resources declared a quarterly dividend of
The payment is scheduled for
ROANOKE, Va., Nov. 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (Nasdaq: RGCO), at its meeting on November 24, 2025, 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.
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, inflation, geopolitical considerations and regulatory and legal challenges and those set forth in the Company’s Form 10-Q for the quarter ended June 30, 2025 and Item 1-A in the Company’s fiscal 2024 10-K. 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. Future dividends are not assured.
Past performance is not necessarily a predictor of future results.
| Contact: | Timothy J. Mulvaney |
| VP, Treasurer and CFO | |
| Telephone: | 540-777-3997 |