RGC Resources Inc. (NASDAQ:RGCO) declared a quarterly dividend on Tuesday, March 28th. Stockholders of record on Monday, April 17th will be given a dividend of 0.145 per share by the energy company on Monday, May 1st. This represents a $0.58 annualized dividend and a dividend yield of 2.65%. The ex-dividend date of this dividend is Wednesday, April 12th.
Shares of RGC Resources (NASDAQ:RGCO) opened at 21.88 on Friday. The company’s 50 day moving average is $20.78 and its 200 day moving average is $17.89. RGC Resources has a one year low of $14.34 and a one year high of $24.90. The company has a market cap of $157.65 million, a P/E ratio of 25.65 and a beta of 0.30.
In other RGC Resources news, Director Nancy H. Agee purchased 1,800 shares of the company’s stock in a transaction on Tuesday, February 28th. The stock was acquired at an average cost of $27.72 per share, for a total transaction of $49,896.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders acquired a total of 2,177 shares of company stock valued at $57,925 over the last 90 days. 8.40% of the stock is currently owned by corporate insiders.
RGC Resources Company Profile
RGC Resources, Inc (Resources) is an energy services company. The Company is engaged in the regulated sale and distribution of natural gas to residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its Roanoke Gas Company (Roanoke Gas) subsidiary.
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