Street Calls of the Week
ROANOKE, Va. - RGC Resources, Inc. (NASDAQ:RGCO), a utility company with a market capitalization of $232 million and a current dividend yield of 3.65%, announced Monday its board of directors has declared a quarterly dividend of $0.2075 per share on the company’s common stock.
The dividend will be paid on November 3, 2025, to shareholders of record as of October 17, 2025, according to a company press release.
This marks RGC Resources’ 326th consecutive quarterly cash dividend, highlighting the company’s long-standing dividend payment history.
RGC Resources provides energy and related products and services to customers in Virginia through its operating subsidiaries, which include Roanoke Gas Company and RGC Midstream, L.L.C.
The company’s consistent dividend payments come amid ongoing challenges in the energy sector, including fluctuating gas prices and supply concerns.
In other recent news, RGC Resources Inc. announced its earnings for the third quarter of fiscal 2025, exceeding market expectations. The company reported an earnings per share (EPS) of $0.05, which is higher than the anticipated $0.04. Additionally, RGC Resources saw a significant rise in net income, reaching $538,000, compared to $157,000 in the same quarter of the previous year. These results highlight a strong financial performance for the company. Analysts had projected lower earnings, making this outcome particularly noteworthy. The company’s ability to outperform expectations may attract further attention from investors and analysts alike. Despite the positive earnings report, the stock saw a slight decline in after-hours trading, though this does not detract from the company’s financial achievements.
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