© Reuters.
ROANOKE, Va. – RGC Resources, Inc. (NASDAQ: RGCO) has announced that its Board of Directors declared a quarterly dividend of $0.20 per share, maintaining the company’s longstanding tradition of consecutive payouts. The upcoming dividend is scheduled for payment on May 1, 2024, to shareholders of record as of April 16, 2024.
This dividend marks the 320th consecutive quarterly cash dividend by the Virginia-based energy company, a streak that extends back 80 years. CEO Paul Nester expressed pride in this milestone, attributing it to RGC Resources’ consistent financial performance and dedication to shareholder returns.
RGC Resources, Inc. operates primarily through its subsidiaries, which include Roanoke Gas Company and RGC Midstream, L.L.C., providing energy and related services in Virginia.
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This story originally appeared on Investing
