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RGC RESOURCES, INC.

(RGCO)
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RGC Resources, Inc. Declares Quarterly Dividend

02/01/2021 | 05:00pm EDT

ROANOKE, Va., Feb. 01, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on February 1, 2021, declared a quarterly dividend of $0.185 per share on the Company’s common stock. The dividend will be paid on May 1, 2021 to shareholders of record on April 15, 2021. This is the Company’s 308th 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.

From time to time, the Company may publish forward-looking statements relating to such matters as anticipated financial performance, business prospects, technological developments, new products, research and development activities and similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. 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 the anticipated results or other expectations expressed in the Company’s forward-looking statements. Past performance is not necessarily a predictor of future results.

Contact:Randall P. Burton, II
 Vice President and CFO
Telephone:540-777-3997



© GlobeNewswire 2021
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Financials (USD)
Sales 2021 64,0 M - -
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 186 M 186 M -
Capi. / Sales 2021 2,91x
Capi. / Sales 2022 2,74x
Nbr of Employees 101
Free-Float 87,8%
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Technical analysis trends RGC RESOURCES, INC.
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 1
Average target price 34,00 $
Last Close Price 22,66 $
Spread / Highest target 50,0%
Spread / Average Target 50,0%
Spread / Lowest Target 50,0%
Managers and Directors
NameTitle
Paul W. Nester President, Chief Executive Officer & Director
Randall P. Burton CFO, Secretary, Treasurer & Vice President
John B. Williamson Chairman
Robert L. Wells Chief Information Officer & Vice President
Carl James Shockley Chief Operating Officer & Vice President
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