RGC Resources, Inc. Declares Quarterly Dividend, Payable on August 1, 2024
May 02, 2024 at 05:00 pm EDT
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The Board of Directors of RGC Resources, Inc., at its meeting on May 1, 2024, declared a quarterly dividend of $0.20 per share on the Company?s common stock. The dividend will be paid on August 1, 2024 to shareholders of record on July 17, 2024.
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.