RGC Resources, Inc. Declares Dividend of $.34

The Board of Directors of RGC Resources, Inc.

, at its meeting on November 22, 2010, declared a quarterly dividend of $0.34 per share on the Company's common stock. The indicated annual dividend is $1.36 per share, a $0.04 per share increase over the prior level. The dividend will be paid on February 1, 2010 to shareholders of record on January 14, 2011. This is the Company's 267th consecutive quarterly cash dividend.