Rgc Resources (RGCO) Announces Quarterly Earnings
Rgc Resources (NASDAQ:RGCO) posted its quarterly earnings results on Thursday. The company reported $0.06 earnings per share (EPS) for the quarter, AR Network reports. The company had revenue of $12.03 million for the quarter, compared to the consensus estimate of $11.04 million.
Shares of Rgc Resources (NASDAQ:RGCO) traded up 0.35% during mid-day trading on Thursday, hitting $19.95. The stock had a trading volume of 6,008 shares. Rgc Resources has a 1-year low of $18.10 and a 1-year high of $20.06. The stock’s 50-day moving average is $19.40 and its 200-day moving average is $19.34. The company has a market cap of $94.1 million and a P/E ratio of 20.45.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 1st. Stockholders of record on Tuesday, July 15th will be given a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend is Friday, July 11th.
RGC Resources, Inc (NASDAQ:RGCO) is a holding company for Roanoke Gas Company (Roanoke Gas) and its subsidiaries include Roanoke Gas, Diversified Energy Company and RGC Ventures of Virginia, Inc The principal service of Roanoke Gas is the distribution and sale of natural gas to residential, commercial and industrial customers within its service territory in Roanoke, Virginia and the surrounding localities.
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