RGC Resources, Inc. Announces Continued Commitment to Dividends
RGC Resources, Inc. Declares Quarterly Dividend
RGC Resources, Inc. (NASDAQ: RGCO) has made an important announcement for its shareholders. The Board of Directors has declared a quarterly dividend amounting to $0.20 per share. This decision illustrates the company’s ongoing commitment to providing valuable returns to its investors.
Details of the Dividend Announcement
This quarterly dividend will be payable to shareholders on November 1. Shareholders of record on October 18 will receive this dividend as part of the company’s consistent financial strategy. This recent declaration marks the 322nd consecutive quarterly cash dividend issued by RGC Resources, a testament to the firm’s stable performance and reliability.
About RGC Resources, Inc.
Based in Virginia, RGC Resources, Inc. is instrumental in delivering energy and related products and services through its subsidiaries, including Roanoke Gas Company and RGC Midstream, L.L.C. The company has a significant role in ensuring that customers receive quality service while maintaining a focus on sustainability and growth within the energy sector.
Understanding Earnings and Growth Potential
The company’s consistent payment of dividends reflects its strong financial health and effective management. Investments in infrastructure, customer growth, and operational efficiencies are pivotal to RGC Resources’ strategy for enduring success. As the energy market continues to evolve, RGC Resources is well-positioned to capitalize on these changes, ensuring continued value for its shareholders.
Contact Information
Corporate Contact for Inquiries
For those seeking further information, Timothy J. Mulvaney serves as the Vice President, CFO, and Treasurer. He can be reached at 540-777-3997 for any corporate inquiries.
Frequently Asked Questions
What is the declared dividend per share for RGC Resources?
The declared dividend is $0.20 per share for this quarter.
When will the dividend be paid?
The dividend is scheduled to be paid on November 1 of this year.
How long has RGC Resources been paying dividends?
RGC Resources, Inc. has consistently paid dividends for 322 consecutive quarters.
Who can receive the dividend payment?
Shareholders of record on October 18 will be eligible to receive the dividend payment.
What services does RGC Resources provide?
RGC Resources provides energy and related products and services through its subsidiaries, primarily serving customers in Virginia.
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