RGC Resources declared a quarterly dividend of $0.2175 per share, marking its 329th consecutive payment.
Quiver AI Summary
RGC Resources, Inc. has announced a quarterly dividend of $0.2175 per share on its common stock, marking the 329th consecutive payment. The dividend will be distributed on August 3, 2026, to shareholders who are on record by July 17, 2026. The company, which offers energy services in Virginia through subsidiaries such as Roanoke Gas Company, also issued a caution about its forward-looking statements, highlighting potential risks and uncertainties that could affect its performance, including inflation, gas prices, industry regulations, and geopolitical factors. These statements reflect the company's expectations as of the announcement date and are subject to change.
Potential Positives
- The declaration of a quarterly dividend of $0.2175 per share demonstrates the company's commitment to returning value to shareholders.
- This marks the 329th consecutive quarterly cash dividend, highlighting RGC Resources, Inc.'s consistent financial performance and stability.
- The scheduled payment date and record date provide clear communication to shareholders about dividend timing, indicating transparency and reliability.
Potential Negatives
- The press release cites numerous risks and uncertainties that could negatively impact the company's future performance, including inflation, gas prices, supply issues, and regulatory challenges.
- The company's forward-looking statements emphasize the potential for actual results to differ materially from expectations, indicating a lack of certainty regarding future performance.
FAQ
What is the recent dividend declared by RGC Resources, Inc.?
The Board of Directors declared a quarterly dividend of $0.2175 per share on June 29, 2026.
When will the dividend be paid to shareholders?
The dividend will be paid on August 3, 2026, to shareholders of record on July 17, 2026.
How many consecutive quarterly dividends has RGC Resources, Inc. paid?
This declaration marks the Company’s 329th consecutive quarterly cash dividend.
What are the main services provided by RGC Resources, Inc.?
RGC Resources provides energy and related products and services through subsidiaries like Roanoke Gas Company and RGC Midstream, LLC.
What should investors know about forward-looking statements?
Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from expectations.
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 15 times in the past 6 months. Of those trades, 15 have been purchases and 0 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 58 shares for an estimated $1,289 and 0 sales.
- LAWRENCE T. OLIVER (Senior VP and Secretary) has made 6 purchases buying 53 shares for an estimated $1,200 and 0 sales.
- CHRISTEN BROOKE MILES (VP, Human Resources) has made 6 purchases buying 26 shares for an estimated $599 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$RGCO Revenue
$RGCO had revenues of $45.5M in Q2 2026. This is an increase of 24.67% from the same period in the prior year.
You can track RGCO financials on Quiver Quantitative's RGCO stock page.
You can access data on RGCO stock through the Quiver Quantitative API.
$RGCO Hedge Fund Activity
We have seen 41 institutional investors add shares of $RGCO stock to their portfolio, and 39 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RUSSELL INVESTMENTS GROUP, LTD. added 39,689 shares (+17.2%) to their portfolio in Q1 2026, for an estimated $875,142
- BURKE & HERBERT BANK & TRUST CO removed 18,800 shares (-48.2%) from their portfolio in Q4 2025, for an estimated $400,440
- PROSPERA FINANCIAL SERVICES INC added 16,522 shares (+9.4%) to their portfolio in Q1 2026, for an estimated $364,310
- GOLDMAN SACHS GROUP INC added 13,783 shares (+94.7%) to their portfolio in Q1 2026, for an estimated $303,915
- BLACKROCK, INC. removed 13,031 shares (-2.9%) from their portfolio in Q1 2026, for an estimated $287,333
- CITADEL ADVISORS LLC removed 12,442 shares (-56.9%) from their portfolio in Q1 2026, for an estimated $274,346
- BARCLAYS PLC removed 10,944 shares (-84.3%) from their portfolio in Q1 2026, for an estimated $241,315
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
ROANOKE, Va., June 29, 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 August 3, 2026 to shareholders of record on July 17, 2026. This is the Company’s 329th 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, LLC.
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 inflation, gas prices and supply, geopolitical considerations and regulatory and legal challenges along with risks included under Item 1A in the Company’s fiscal 2025 Form 10-K, as well as an updated risk within Item 1A in the Company’s March 31, 2026 Form 10-Q. 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 |
