RGCO dividend history
RGC Resources Inc. (RGCO) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- RGC Resources, Inc. Reports Second Quarter EarningsROANOKE, Va., May 06, 2026 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $8.7 million, or $0.84 per diluted share, for the second quarter ended March 31, 2026, compared to $7.7 million, or $0.74 per diluted share, for the second quarter ended March 31, 2025. The increase was the result of higher operating margins which included the positive effect of the Company's interim base rates under the pending rate case partially offset by increased operating expenses and depreciation. Additionally, higher earnings from the Company's investment in the Mountain Valley Pipeline, LLC ("MVP") and lower interest expense contributed to the performance. C
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., March 31, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO) declared a quarterly dividend of $0.2175 per share on the Company's common stock. The dividend will be paid on May 1, 2026 to shareholders of record on April 17, 2026. This is the Company's 328th consecutive quarterly cash dividend. 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 Securiti
- RGC Resources, Inc. Reports First Quarter 2026 EarningsROANOKE, Va., Feb. 05, 2026 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $4.9 million, or $0.47 per share, for the first quarter ended December 31, 2025, compared to $5.3 million, or $0.51 per share, for the first quarter ended December 31, 2024. The decrease reflected flat margins and higher costs for personnel, IT, property taxes and depreciation, which were partially offset by lower interest expense. The Company filed a rate case in early December seeking $4.3 million in additional annualized revenue primarily to address these and other higher costs. Interim rates went into effect January 1, 2026, subject to refund based on review by t
- RGC Resources, Inc. Raises Annual Dividend to $0.87 Per ShareROANOKE, 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 $0.2175 per share on the Company's common stock. The indicated annual dividend is $0.87 per share, a $0.04, or 4.8% per share increase over the prior annual level. The Company has now increased the annual dividend 22 consecutive years. Paul Nester, CEO of RGC Resources, Inc., stated, "The Board's decision to increase the annual dividend rate reflects the strong fiscal 2025 earnings and operational performance as well as confirmation of the Company's strategy to prudently invest in the Roanoke Gas utility and the M
- RGC Resources, Inc. Reports 2025 EarningsROANOKE, Va., Nov. 19, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $13.3 million, or $1.29 per share, for the fiscal year ended September 30, 2025, compared to $11.8 million, or $1.16 per share, for the fiscal year ended September 30, 2024. The strong increase reflected record levels of gas deliveries aided by higher operating margins, partially offset by inflationary cost increases and lower equity earnings from the Company's investment in the Mountain Valley Pipeline (MVP). MVP's equity earnings in the first three quarters of fiscal 2024 contained significant allowance for funds used during construction. Roanoke Gas made further
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., Sept. 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO) declared a quarterly dividend of $0.2075 per share on the Company's common stock. The dividend will be paid on November 3, 2025 to shareholders of record on October 17, 2025. This is the Company's 326th consecutive quarterly cash dividend. 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 S
- RGC Resources, Inc. Reports Third Quarter EarningsROANOKE, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated earnings of $538,412, or $0.05 per share, for the third quarter ended June 30, 2025, compared to $156,692, or $0.02 per share, for the fiscal quarter ended June 30, 2024. The increase during the quarter was largely the result of higher earnings from the Company's investment in the Mountain Valley Pipeline, LLC ("MVP"). CEO Paul Nester stated, "We continue to honor our mission of creating value for shareholders and our community by providing safe and reliable energy to the Roanoke region. MVP has been a successful and meaningful part of delivering value and energy for a full year. Roano
- RGC Resources, Inc. Reports Second Quarter EarningsROANOKE, Va., May 06, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $7,676,208, or $0.74 per share, for the second quarter ended March 31, 2025, compared to $6,443,390, or $0.63 per share, for the second quarter ended March 31, 2024. The primary drivers of the increased earnings were higher base rates that went into effect July 1, 2024 and increased volumes, offset by lower earnings from unconsolidated affiliate and higher interest expense. Cooler winter weather and higher base rates drove higher margins and earnings. CEO Paul Nester stated, "We had a strong second quarter as utility margin increased 12%, enhanced by a colder January
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., April 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO) declared a quarterly dividend of $0.2075 per share on the Company's common stock. The dividend will be paid on August 1, 2025 to shareholders of record on July 18, 2025. This is the Company's 325th consecutive quarterly cash dividend. 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 Securit
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., March 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO) declared a quarterly dividend of $0.2075 per share on the Company's common stock. The dividend will be paid on May 1, 2025 to shareholders of record on April 17, 2025. This is the Company's 324th consecutive quarterly cash dividend. 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
- RGC Resources, Inc. Reports First Quarter EarningsROANOKE, Va., Feb. 10, 2025 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $5,269,689, or $0.51 per share, for the first quarter ended December 31, 2024, compared to $5,019,992, or $0.50 per share, for the fiscal quarter ended December 31, 2023. Higher utility margin reflected the new base rates that went into effect July 1, 2024 and was offset by lower equity earnings from unconsolidated affiliate and higher interest expense. Roanoke Gas continued investing in utility infrastructure to enhance system reliability and deliver gas to new customers, driving both higher margins and earnings. CEO Paul Nester stated, "Colder weather in Decem
- RGC Resources, Inc. Raises Annual Dividend to $0.83 per ShareROANOKE, Va., Nov. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on November 22, 2024, declared a quarterly dividend of $0.2075 per share on the Company's common stock. The indicated annual dividend is $0.83 per share, a $0.03, or 3.8%, per share increase over the prior annual level. The Company has now increased the annual dividend 21 consecutive years. Paul Nester, CEO of RGC Resources, Inc., stated, "The Roanoke Gas utility continues to deliver solid operational and financial performance. Further, we are pleased that the MVP was completed in 2024 and now delivering affordable, reliable natural gas to Southwest Virginia. This div
- RGC Resources, Inc. Reports 2024 EarningsROANOKE, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $11,760,896, or $1.16 per share, for the fiscal year ended September 30, 2024, compared to $11,299,282, or $1.14 per share, for the fiscal year ended September 30, 2023. The increase reflected higher levels of earnings from the Company's investment in the Mountain Valley Pipeline ("MVP") due to more AFUDC in fiscal 2024 prior to the pipeline being placed in service in June 2024. The lower cost of natural gas in 2024 reduced bills to customers and revenues for the Company, despite inflationary costs leading to higher tariffs. Interest expense also increased primarily
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., Sept. 30, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on September 30, 2024, declared a quarterly dividend of $0.20 per share on the Company's common stock. The dividend will be paid on November 1, 2024 to shareholders of record on October 18, 2024. This is the Company's 322nd consecutive quarterly cash dividend. 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 th
- RGC Resources, Inc. Reports Third Quarter EarningsROANOKE, Va., Aug. 05, 2024 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $156,692, or $0.02 per share, for the third quarter ended June 30, 2024, compared to $686,816, or $0.07 per share, for the fiscal quarter ended June 30, 2023. The decline was the result of decreased operating income due to higher personnel and professional costs as well as persistent inflationary pressures across most areas compared to a year ago, along with lower noncash earnings from the Company's investment in the Mountain Valley Pipeline, LLC ("MVP") as the pipeline transitioned from construction to gas transmission operations. CEO Paul Nester stated, "We
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., May 02, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on May 1, 2024, declared a quarterly dividend of $0.20 per share on the Company's common stock. The dividend will be paid on August 1, 2024 to shareholders of record on July 17, 2024. This is the Company's 321st consecutive quarterly cash dividend. 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
- RGC Resources, Inc. Reports Second Quarter EarningsROANOKE, Va., May 01, 2024 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $6,443,390, or $0.63 per share, for the second quarter ended March 31, 2024, compared to $6,341,886, or $0.64 per share, for the fiscal quarter ended March 31, 2023. The increase over the quarter a year ago included $1.2 million in earnings from the Company's investment in the Mountain Valley Pipeline, LLC ("MVP"), as well as improved utility margins which inflationary cost increases largely offset. Continued investments in utility infrastructure at Roanoke Gas to enhance system reliability and deliver gas to new customers contributed to earnings. CEO Paul Nester s
- RGC Resources, Inc. Declares 320th Consecutive Quarterly DividendROANOKE, Va., Feb. 06, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on February 5, 2024, declared a quarterly dividend of $0.20 per share on the Company's common stock. The dividend will be paid on May 1, 2024 to shareholders of record on April 16, 2024. This is the Company's 320th consecutive quarterly cash dividend. "We are pleased to recognize 80 years of consecutive quarterly dividend payments. It is a reflection of consistent, long-term financial performance and our continued commitment to deliver returns to our shareholders", stated CEO Paul Nester. RGC Resources, Inc. provides energy and related products and services to custom
- RGC Resources, Inc. Reports First Quarter EarningsROANOKE, Va., Feb. 05, 2024 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $5,019,992, or $0.50 per share, for the first quarter ended December 31, 2023, compared to $3,256,405, or $0.33 per share, for the fiscal quarter ended December 31, 2022. The increase over the quarter a year ago included nearly $1.5 million in earnings from the Company's investment in the Mountain Valley Pipeline, LLC ("MVP") as well as improved utility margins. Roanoke Gas continued to make investments in utility infrastructure to improve system reliability and deliver gas to new customers to drive earnings. CEO Paul Nester stated, "Higher utility margins were we
- RGC Resources, Inc. Raises Annual Dividend to $0.80 per ShareROANOKE, Va., Nov. 28, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on November 27, 2023, declared a quarterly dividend of $0.20 per share on the Company's common stock. The indicated annual dividend is $0.80 per share, a $0.01 or 1.3% per share increase over the prior annual level. The Company has now increased the annual dividend 20 consecutive years. Paul Nester, CEO of RGC Resources, Inc., stated, "The Roanoke Gas utility continues to deliver solid operational and financial performance. Further, we look forward to seeing the MVP completed in 2024. This dividend increase, our 20th annual increase, reflects our commitment to deliver
- RGC Resources, Inc. Reports 2023 EarningsROANOKE, Va., Nov. 20, 2023 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $11,299,282, or $1.14 per share, for the fiscal year ended September 30, 2023, compared to a net loss of $31,732,602, or $3.48 per share, for the fiscal year ended September 30, 2022. The 2022 net loss reflected total after-tax impairment charges of approximately $40.9 million related to RGC Midstream, LLC's ("Midstream") investment in the Mountain Valley Pipeline, LLC ("MVP"). Underlying net income in 2022, a non-GAAP measure that excludes the impairment, was $9,178,942, or $1.01 per share, compared to the $11,299,282, or $1.14 per share, for fiscal 2023. Roanoke G
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, 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"
- RGC Resources, Inc. Reports Third Quarter EarningsROANOKE, Va., Aug. 03, 2023 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $686,816, or $0.07 per share, for the quarter ended June 30, 2023, compared to earnings of $592,527, or $0.06 per share, for the quarter ended June 30, 2022. CEO Paul Nester stated, "We experienced earnings growth driven primarily by improved utility margins and the investment in Mountain Valley Pipeline (MVP), net of higher interest expense." Nester further commented, "We are pleased that the U.S. Supreme Court acted quickly, allowing the MVP project to resume forward construction and hopefully enabling a much needed, new supply of natural gas to the Roanoke region
- RGC Resources, Inc. Reports Second Quarter EarningsROANOKE, Va., May 05, 2023 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $6,341,886, or $0.64 per share, for the quarter ended March 31, 2023, compared to a net loss of $24,494,429, or $2.89 per share, for the quarter ended March 31, 2022. Underlying earnings of $6,341,886, a non-GAAP measure that excludes the after-tax impairments recorded in fiscal 2022, for the current fiscal quarter represents a 25% increase over the prior year second fiscal quarter underlying earnings of $5,077,546. CEO Paul Nester stated, "We experienced strong underlying earnings growth from improved utility margins associated with customer growth and implementation
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., April 25, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on April 24, 2023, declared a quarterly dividend of $0.1975 per share on the Company's common stock. The dividend will be paid on August 1, 2023 to shareholders of record on July 17, 2023. This is the Company's 317th 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 purs
- RGC Resources, Inc. Reports First Quarter EarningsROANOKE, Va., Feb. 08, 2023 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $3,256,405, or $0.33, per share for the quarter ended December 31, 2022. This compares to consolidated earnings of $3,584,529, or $0.43 per share, for the quarter ended December 31, 2021. CEO Paul Nester stated, "The Roanoke Gas utility experienced strong customer demand and improved utility margins. The overall earnings decline was primarily attributable to increased operational costs resulting from the inflationary environment and interest expense attributable to higher interest rates on floating rate debt." Net loss for the twelve months ended December 31, 2022
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., Jan. 25, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on January 23, 2023, declared a quarterly dividend of $0.1975 per share on the Company's common stock. The dividend will be paid on May 1, 2023 to shareholders of record on April 17, 2023. This is the Company's 316th consecutive quarterly cash dividend. RGC Resources, Inc. provides energy and related products and services to approximately 63,000 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 pu
- RGC Resources, Inc. Raises Annual Dividend to $0.79 Per ShareROANOKE, Va., Nov. 29, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on November 28, 2022, declared a quarterly dividend of $0.1975 per share on the Company's common stock. The indicated annual dividend is $0.79 per share, a $0.01 or 1.3% per share increase over the prior annual level. The Company has now increased the annual dividend 19 consecutive years. Paul Nester, CEO of RGC Resources, Inc., stated, "We continue to be pleased with the solid operational and financial performance of the Roanoke Gas utility and this dividend increase reflects our commitment to deliver long-term shareholder value." The dividend will be paid on Februar
- RGC Resources, Inc. Reports 2022 EarningsROANOKE, Va., Nov. 16, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced a consolidated Company net loss of $31,732,602 or $3.48 per share for the fiscal year ended September 30, 2022. The net loss reflects total after-tax impairment charges of approximately $40.9 million related to RGC Midstream, LLC's ("Midstream") investment in the Mountain Valley Pipeline, LLC ("MVP"). Underlying net income, a non-GAAP measure that excludes the impairment, was $9,178,942 or $1.01 per share, which compares to underlying earnings of $10,102,062 or $1.22 per share for the year ended September 30, 2021. Roanoke Gas continued executing its strategy of utility investment that increases sy
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, 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 $0.195 per share on the Company's common stock. The dividend will be paid on November 1, 2022 to shareholders of record on October 14, 2022. This is the Company's 314th consecutive quarterly cash dividend. 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 pe
- RGC Resources, Inc. Reports Third Quarter EarningsROANOKE, Va., Aug. 08, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $592,527 or $0.06 per share for the quarter ended June 30, 2022. This compares to consolidated earnings of $610,840 or $0.07 per share for the quarter ended June 30, 2021. CEO Paul Nester stated, "We continue to experience customer growth and improved utility margins associated with infrastructure replacement programs. The overall earnings decline was primarily attributable to the lower non-cash MVP AFUDC income." Net loss for the twelve months ended June 30, 2022 was $20,316,892 or $2.32 per share. Underlying net income, a non-GAAP measure that excludes th
- RGC Resources, Inc. Reports Second Quarter EarningsROANOKE, Va., May 05, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company net loss of $24,494,429 or $2.89 per share for the quarter ended March 31, 2022. The net loss reflects an after-tax impairment charge of approximately $29,600,000 related to RGC Midstream, LLC's investment in the Mountain Valley Pipeline, LLC. Underlying net income, a non-GAAP measure that excludes the impairment, was $5,077,546 or $0.60 per share, which compares to consolidated earnings of $4,767,478 or $0.58 per share for the quarter ended March 31, 2021. CEO Paul Nester stated, "The 6.5% underlying net income growth in the second quarter was driven by the strength of our core
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., April 28, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on April 25, 2022, declared a quarterly dividend of $0.195 per share on the Company's common stock. The dividend will be paid on August 1, 2022 to shareholders of record on July 15, 2022. This is the Company's 313th consecutive quarterly cash dividend. 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
- RGC Resources, Inc. Reports First Quarter EarningsROANOKE, Va., Feb. 07, 2022 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $3,584,529 or $0.43 per diluted share for the quarter ended December 31, 2021. This compares to consolidated earnings of $4,723,263 or $0.58 per diluted share for the quarter ended December 31, 2020. CEO Paul Nester stated, "The reduction in consolidated earnings is primarily due to a $1.3 million decline in non-cash equity earnings. Roanoke Gas continued to show improved margins associated with customer growth and infrastructure replacement programs." Earnings for the twelve months ending December 31, 2021 were $8,963,328 or $1.08 per diluted share compared to $11,
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., Jan. 24, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on January 24, 2022, declared a quarterly dividend of $0.195 per share on the Company's common stock. The dividend will be paid on May 1, 2022 to shareholders of record on April 15, 2022. This is the Company's 312th consecutive quarterly cash dividend. 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,
- RGC Resources, Inc. Raises Annual Dividend to $0.78 Per ShareROANOKE, Va., Nov. 29, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on November 29, 2021, declared a quarterly dividend of $0.195 per share on the Company's common stock. The indicated annual dividend is $0.78 per share, a $0.04 or 5.4% per share increase over the prior annual level. The Company has now increased the annual dividend 18 consecutive years. Paul Nester, President and CEO of RGC Resources, Inc., stated, "The 5.4% increase reflects our solid financial performance, confidence in our business strategy and our continued commitment to deliver shareholder return." The dividend will be paid on February 1, 2022 to shareholders of
- RGC Resources, Inc. Reports 2021 EarningsROANOKE, Va., Nov. 15, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $10,102,062 or $1.22 per share for the fiscal year ended September 30, 2021. This compares to earnings of $10,564,534 or $1.30 per share for the year ended September 30, 2020. CEO Paul Nester stated, "Our 2021 earnings reflect improved utility margins associated with our infrastructure replacement programs, customer growth and reduced operating and maintenance expenses. Operating and maintenance expenses, net of gas costs, declined $1.7 million or 10.5% due to the accelerated recovery of certain regulatory assets and one-time maintenance investments incurred in 2020
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., Sept. 27, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on September 27, 2021, declared a quarterly dividend of $0.185 per share on the Company's common stock. The dividend will be paid on November 1, 2021 to shareholders of record on October 15, 2021. This will be the Company's 310th consecutive quarterly cash dividend. 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 financi
- RGC Resources, Inc. Reports Third Quarter EarningsROANOKE, Va., Aug. 04, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $610,840 or $0.07 per diluted share for the quarter ended June 30, 2021. This compares to consolidated earnings of $1,206,578 or $0.15 per diluted share for the quarter ended June 30, 2020. CEO Paul Nester stated, "We continue to experience customer growth and improved utility margins associated with infrastructure replacement programs. The overall earnings decline was primarily attributable to the significantly lower non-cash MVP equity in earnings." Earnings for the twelve months ending June 30, 2021 were $9,772,285 or $1.19 per diluted share outstanding compared
- RGC Resources, Inc. Reports Second Quarter EarningsROANOKE, Va., May 10, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ:RGCO) announced consolidated Company earnings of $4,767,478 or $0.58 per share for the quarter ended March 31, 2021. This compares to consolidated earnings of $5,680,316 or $0.70 per share for the quarter ended March 31, 2020. CEO Paul Nester stated, "We continue to experience customer growth and improved utility margins associated with infrastructure replacement programs. The overall earnings decline was primarily attributable to the cessation of the non-cash MVP AFUDC beginning January 1, 2021." Earnings for the twelve months ending March 31, 2021 were $10,368,023 or $1.27 per share outstanding compared to $11,
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., April 26, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ:RGCO), at its meeting on April 26, 2021, declared a quarterly dividend of $0.185 per share on the Company's common stock. The dividend will be paid on August 1, 2021 to shareholders of record on July 15, 2021. This is the Company's 309th consecutive quarterly cash dividend. 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 performanc
- RGC Resources, Inc. Reports First Quarter EarningsROANOKE, Va., Feb. 09, 2021 (GLOBE NEWSWIRE) -- RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company earnings of $4,723,263 or $0.58 per diluted share for the quarter ended December 31, 2020. This compares to consolidated earnings of $4,006,936 or $0.49 per diluted share for the quarter ended December 31, 2019. CEO Paul Nester stated, “We experienced solid earnings growth from improved utility margins associated with infrastructure replacement programs and customer growth as well as lower operating expenses.” Earnings for the twelve months ending December 31, 2020 were $11,280,861 or $1.38 per diluted share compared to $10,271,186 or $1.27 per diluted share for the twelve mon
- RGC Resources, Inc. Declares Quarterly DividendROANOKE, Va., Feb. 01, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on February 1, 2021, declared a quarterly dividend of $0.185 per share on the Company’s common stock. The dividend will be paid on May 1, 2021 to shareholders of record on April 15, 2021. This is the Company’s 308th consecutive quarterly cash dividend. 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 perfor
- RGC Resources, Inc. Raises Annual Dividend to $0.74 Per ShareROANOKE, 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’s 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, “The 5.7% increase reflects our solid financial performance, confidence in our business strategy and our continued commitment to deliver shareholder return.” The dividend will be paid on February 1, 2021 to shareholders o