Rgc resources, inc. raises annual dividend to $0.78 per share

Roanoke, va., nov. 29, 2021 (globe newswire) -- the board of directors of rgc resources, inc. (nasdaq: rgco), at its meeting on november 29, 2021, declared a quarterly dividend of $0.195 per share on the company's common stock. the indicated annual dividend is $0.78 per share, a $0.04 or 5.4% per share increase over the prior annual level. the company has now increased the annual dividend 18 consecutive years. paul nester, president and ceo of rgc resources, inc., stated, “the 5.4% increase reflects our solid financial performance, confidence in our business strategy and our continued commitment to deliver shareholder return.” the dividend will be paid on february 1, 2022 to shareholders of record on january 18, 2022. this is the company's 311th consecutive quarterly cash dividend.
RGCO Ratings Summary
RGCO Quant Ranking