Rgc resources, inc. raises annual dividend to $0.79 per share

Roanoke, 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 february 1, 2023 to shareholders of record on january 18, 2023. this is the company's 315th consecutive quarterly cash dividend.
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