RGC Resources Inc. (NASDAQ:RGCO) announced a quarterly dividend on Tuesday, November 28th, Wall Street Journal reports. Investors of record on Tuesday, January 16th will be given a dividend of 0.155 per share by the energy company on Thursday, February 1st. This represents a $0.62 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date is Friday, January 12th. This is an increase from RGC Resources’s previous quarterly dividend of $0.15.
RGC Resources (NASDAQ:RGCO) traded up $0.39 during midday trading on Tuesday, reaching $26.74. The company had a trading volume of 27,700 shares, compared to its average volume of 15,463. The stock has a market cap of $190.58, a price-to-earnings ratio of 30.76 and a beta of 0.12. RGC Resources has a twelve month low of $16.31 and a twelve month high of $31.99. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.83 and a quick ratio of 0.43.
RGC Resources (NASDAQ:RGCO) last released its quarterly earnings results on Wednesday, November 15th. The energy company reported $0.02 EPS for the quarter. The business had revenue of $10.17 million during the quarter. RGC Resources had a return on equity of 10.57% and a net margin of 10.01%.
About RGC Resources
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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