RGC Resources Hikes Annual Dividend By 1.3%

  • RGC Resources Inc RGCO Board of Directors has increased the annual dividend amount by 1.3% to $0.79.
  • RGCO declared a quarterly dividend of $0.1975 per share. The dividend will be paid on February 1, 2023, to shareholders of record on January 18, 2023.
  • The company has now increased the annual dividend 19 consecutive years.
  • "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," said CEO Paul Nester.
  • RGC's total assets as of June 30, 2022, totaled $298.7 million.
  • Price Action: RGCO shares are trading higher by 0.29% at $24.08 on the last check Tuesday.
  • Photo Via Company

 

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: NewsDividendsBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!