RGC Resources, Inc. Declares Quarterly Dividend, Payable on August 1, 2023
April 25, 2023 at 09:00 pm
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The Board of Directors of RGC Resources, Inc. at its meeting on April 24, 2023, declared a quarterly dividend of $0.1975 per share on the Company's common stock. The dividend will be paid on August 1, 2023 to shareholders of record on July 17, 2023.
RGC Resources, Inc. is an energy services company. It is primarily engaged in the sale and distribution of natural gas to residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its subsidiary, Roanoke Gas Company (Roanoke Gas). Roanoke Gas also provides certain unregulated services. Roanoke Gas maintains an integrated natural gas distribution system to deliver natural gas purchased from suppliers to residential, commercial, and industrial users in its service territory. Roanoke Gas owns and operates about six metering stations through, which it measures and regulates the gas being delivered by its suppliers. These stations are located at various points throughout its distribution system. Roanoke Gas owns a liquefied natural gas storage facility located in its service territory that has the capacity to store up to 200,000 dekatherms (DTH) of natural gas. It has approximately 1,168 miles of transmission and distribution pipeline.