{"id":390020,"date":"2020-11-30T17:03:03","date_gmt":"2020-11-30T22:03:03","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390020"},"modified":"2020-11-30T17:03:03","modified_gmt":"2020-11-30T22:03:03","slug":"rgc-resources-inc-raises-annual-dividend-to-0-74-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rgc-resources-inc-raises-annual-dividend-to-0-74-per-share\/","title":{"rendered":"RGC Resources, Inc. Raises Annual Dividend to $0.74 Per Share"},"content":{"rendered":"
\n

ROANOKE, Va., Nov. 30, 2020 (GLOBE NEWSWIRE) — The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on November 30, 2020, declared a quarterly dividend of $0.185 per share on the Company\u2019s common stock. The indicated annual dividend is $0.74 per share, a $0.04 or 5.7% per share increase over the prior annual level. The Company has now increased the annual dividend 17 consecutive years. Paul Nester, President and CEO of RGC Resources, Inc., stated, \u201cThe 5.7% increase reflects our solid financial performance, confidence in our business strategy and our continued commitment to deliver shareholder return.\u201d The dividend will be paid on February 1, 2021 to shareholders of record on January 15, 2021. This is the Company\u2019s 307th consecutive quarterly cash dividend.<\/p>\n

RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries Roanoke Gas Company and RGC Midstream, LLC.<\/p>\n

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\u2019s actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company\u2019s forward-looking statements. Past performance is not necessarily a predictor of future results.<\/p>\n\n\n\n\n
Contact:<\/td>\nRandall P. Burton, II\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\nVice President and CFO\u00a0<\/td>\n<\/tr>\n
Telephone:<\/td>\n540-777-3997<\/td>\n<\/tr>\n<\/table>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

ROANOKE, Va., Nov. 30, 2020 (GLOBE NEWSWIRE) — The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on November 30, 2020, declared a quarterly dividend of $0.185 per share on the Company\u2019s common stock. The indicated annual dividend is $0.74 per share, a $0.04 or 5.7% per share increase over the prior annual level. The Company has now increased the annual dividend 17 consecutive years. Paul Nester, President and CEO of RGC Resources, Inc., stated, \u201cThe 5.7% increase reflects our solid financial performance, confidence in our business strategy and our continued commitment to deliver shareholder return.\u201d The dividend will be paid on February 1, 2021 to shareholders of record on January 15, 2021. This is the … <\/p>\n

Continue reading “RGC Resources, Inc. Raises Annual Dividend to $0.74 Per Share”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390020","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRGC Resources, Inc. Raises Annual Dividend to $0.74 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rgc-resources-inc-raises-annual-dividend-to-0-74-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RGC Resources, Inc. 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