RGC Resources, Inc. declared a $0.2075 quarterly dividend, marking its 326th consecutive payout to shareholders.
Quiver AI Summary
RGC Resources, Inc. announced a quarterly dividend of $0.2075 per share, marking its 326th consecutive quarterly cash dividend, to be paid on November 3, 2025, to shareholders of record by October 17, 2025. The company provides energy-related products and services in Virginia through subsidiaries like Roanoke Gas Company and RGC Midstream, L.L.C. The press release also includes a caution regarding forward-looking statements, indicating that various risks and uncertainties might affect the company's actual results, including factors like gas prices, supply issues, and regulatory challenges. The company emphasizes that expectations are based on current conditions and does not commit to updating these projections unless legally required.
Potential Positives
- The declaration of a quarterly dividend of $0.2075 per share indicates the company's commitment to returning value to shareholders.
- This is the company's 326th consecutive quarterly cash dividend, demonstrating a long-standing track record of consistent financial performance.
- The dividend payment reflects the company's stability and operational success in providing energy and related services to its customers.
Potential Negatives
- The press release includes a cautionary note regarding "forward-looking statements," highlighting significant risks and uncertainties that may impact the company's future performance, such as gas prices, geopolitical considerations, and regulatory challenges.
- While the company has declared a dividend, the acknowledgment of several potential risks might raise concerns among investors about the sustainability of future dividends.
- Failure to provide specific details on how the company plans to address the mentioned risks could lead to uncertainty and decreased investor confidence.
FAQ
What is the dividend amount declared by RGC Resources, Inc.?
The Board of Directors declared a quarterly dividend of $0.2075 per share.
When will the dividend be paid to shareholders?
The dividend will be paid on November 3, 2025.
Who are the shareholders eligible for the dividend?
Shareholders of record as of October 17, 2025, are eligible for the dividend.
How many consecutive quarterly dividends has RGC Resources declared?
This is RGC Resources’ 326th consecutive quarterly cash dividend.
What services does RGC Resources, Inc. provide?
RGC Resources provides energy and related products and services to customers in Virginia.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RGCO Insider Trading Activity
$RGCO insiders have traded $RGCO stock on the open market 16 times in the past 6 months. Of those trades, 15 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $RGCO stock by insiders over the last 6 months:
- THOMAS PATRICK FURCRON (VP, Field Operations) has made 3 purchases buying 60 shares for an estimated $1,290 and 1 sale selling 272 shares for an estimated $6,026.
- LAWRENCE T. OLIVER (VP and Secretary) has made 6 purchases buying 56 shares for an estimated $1,200 and 0 sales.
- CHRISTEN BROOKE MILES (VP, Human Resources) has made 6 purchases buying 28 shares for an estimated $600 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RGCO Hedge Fund Activity
We have seen 41 institutional investors add shares of $RGCO stock to their portfolio, and 26 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PROSPERA FINANCIAL SERVICES INC added 158,340 shares (+inf%) to their portfolio in Q2 2025, for an estimated $3,543,649
- VANGUARD GROUP INC removed 17,286 shares (-3.8%) from their portfolio in Q2 2025, for an estimated $386,860
- LOS ANGELES CAPITAL MANAGEMENT LLC added 17,019 shares (+inf%) to their portfolio in Q2 2025, for an estimated $380,885
- MILLENNIUM MANAGEMENT LLC added 15,422 shares (+inf%) to their portfolio in Q2 2025, for an estimated $345,144
- GOLDMAN SACHS GROUP INC removed 13,100 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $293,178
- CUTTER & CO BROKERAGE, INC. added 10,857 shares (+7.9%) to their portfolio in Q1 2025, for an estimated $226,585
- SQUAREPOINT OPS LLC added 9,509 shares (+inf%) to their portfolio in Q2 2025, for an estimated $212,811
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ROANOKE, 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 Securities Litigation Reform Act of 1995 that involve risks and uncertainties. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company’s actual results and experience to differ materially from any expectations expressed in the Company’s forward-looking statements, regarding customer growth, infrastructure investment and margins. These risks and uncertainties include gas prices and supply, geopolitical considerations and regulatory and legal challenges along with risks included under Item 1-A in the Company’s fiscal 2024 Form 10-K. Forward-looking statements reflect the Company’s current expectations only as of the date they are made. The Company assumes no duty to update these statements should expectations change or actual results differ from current expectations except as required by applicable laws and regulations.
Past performance is not necessarily a predictor of future results.
| Contact: | Timothy J. Mulvaney | |
| Vice President, Treasurer and CFO | ||
| Telephone: | 540-777-3997 |
