RGC Resources, Inc. Declares Quarterly Dividend Increase for 21st Consecutive Year
RGC Resources, Inc. Declares Quarterly Dividend Increase for 21st Consecutive Year
The annual dividend increased by $0.03, or 3.8%, bringing the total to $0.83 per share.RGC Resources, Inc. announced a quarterly dividend increase, marking 21 consecutive years of annual increases.
RGC Resources宣佈增加季度股息，標誌着連續第21年實現年度增長。
Quiver AI Summary
Quiver AI 概要
RGC Resources, Inc. has announced a quarterly dividend of $0.2075 per share, marking a 3.8% increase from the previous year, which brings the annual dividend to $0.83 per share. This increase, the 21st consecutive annual rise, reflects the company's strong operational and financial performance, particularly highlighted by the completion of the MVP project in 2024 that enhances natural gas delivery to Southwest Virginia. The dividend payment is scheduled for February 1, 2025, to shareholders on record as of January 17, 2025. RGC Resources, which operates through subsidiaries including Roanoke Gas Company, continues to prioritize long-term shareholder value. The press release also mentions potential risks and uncertainties that could affect future performance, encouraging stakeholders to review the company's regulatory filings for more information.
RGC Resources宣佈每股季度股息爲0.2075美元，較上一年增長3.8％，使年度股息達到0.83美元。這是連續第21年的年度股息增加，反映了公司強勁的運營和財務表現，特別是2024年完成MVP項目，增強了對西南弗吉尼亞天然氣供應的支持。股息支付定於2025年2月1日，截止至2025年1月17日的股東將受益。RGC Resources通過子公司包括Roanoke Gas Company運營，繼續優先考慮長期股東價值。新聞稿還提到可能影響未來業績的潛在風險和不確定性，鼓勵利益相關方查閱公司的監管文件以獲取更多信息。
Potential Positives
潛在的積極因素
- RGC Resources, Inc. has declared a quarterly dividend of $0.2075 per share, reflecting a commitment to return value to shareholders.
- The increase in the annual dividend to $0.83 per share represents a significant 3.8% increase over the previous year, indicating strong financial performance.
- This marks the 21st consecutive year of annual dividend increases, showcasing the company's consistent commitment to shareholder returns.
- The completion of the MVP project in 2024 enhances operational capabilities by providing affordable, reliable natural gas to Southwest Virginia.
- RGC Resources宣佈每股季度股息爲0.2075美元，體現了回饋股東的承諾。
- 年度股息提高至0.83美元每股，較上一年顯著增長3.8％，顯示出強勁的財務表現。
- 這標誌着連續第21年實現年度股息增長，展示了公司對股東回報的一貫承諾。
- 2024年MVP項目的完成通過向西南弗吉尼亞提供價格實惠、可靠的天然氣，增強了運營能力。
Potential Negatives
潛在負面影響
- The press release emphasizes the risks and uncertainties associated with forward-looking statements, indicating that actual results may significantly differ from the company's expectations regarding key factors like customer growth, infrastructure investment, and margins.
- The mention of various potential challenges, such as gas prices, supply, geopolitical concerns, and regulatory issues, could raise concerns about the company's future stability and profitability.
- While the company celebrates a long history of increasing dividends, the cautionary language regarding future performance may cast doubt on whether this trend can continue under potential adverse conditions.
- 新聞稿強調了與前瞻性聲明相關的風險和不確定性，表明實際結果可能與公司對客戶增長、製造行業投資和利潤率等關鍵因素的預期顯著不同。
- 提及各種潛在挑戰，例如燃料幣價格、供應、地緣政治問題和監管問題，可能引發對公司未來穩定性和盈利能力的擔憂。
- 雖然公司慶祝長期增加分紅的歷史，但對未來表現的警告性語言可能會引發對在潛在不利條件下是否能夠繼續這一趨勢的質疑。
FAQ
FAQ
What is the quarterly dividend declared by RGC Resources, Inc.?
RGC Resources, Inc.宣佈的季度股息是多少？
The Board declared a quarterly dividend of $0.2075 per share on November 22, 2024.
董事會於2024年11月22日宣佈每股0.2075美元的季度股息。
How much is the annual dividend increase for RGC Resources?
RGC Resources的年度股息增長是多少？
The annual dividend increased by $0.03, or 3.8%, bringing the total to $0.83 per share.
年度分紅增加了0.03美元，或3.8%，總額達到每股0.83美元。
When will the dividend be paid to shareholders?
股息何時支付給股東？
The dividend will be paid on February 1, 2025, to shareholders of record on January 17, 2025.
分紅將於2025年2月1日支付，支付股東截止日期爲2025年1月17日。
How long has RGC Resources increased its annual dividend?
RGC Resources的年度分紅增加了多久？
The company has increased its annual dividend for 21 consecutive years.
該公司已連續21年增加其年度分紅。
Who is the CEO of RGC Resources, Inc.?
RGC Resources的首席執行官是保羅·內斯特。
The CEO of RGC Resources, Inc. is Paul Nester.
RGC Resources的首席執行官是保羅·內斯特。
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
免責聲明：這是由GlobeNewswire分發的新聞稿的人工智能生成摘要。用於總結這份稿件的模型可能會出錯。請在這裏查看完整發布。
$RGCO Insider Trading Activity
rgc resources內幕交易活動
$RGCO insiders have traded $RGCO stock on the open market 13 times in the past 6 months. Of those trades, 13 have been purchases and 0 have been sales.
rgc resources的內部人士在過去6個月中已經進行了13次在公開市場上的交易。其中13次是購買，0次是銷售。
Here's a breakdown of recent trading of $RGCO stock by insiders over the last 6 months:
以下是rgc resources股票最近6個月內部人士的交易情況:
- CHRISTEN BROOKE MILES (VP, Human Resources) has traded it 6 times. They made 6 purchases, buying 29 shares and 0 sales.
- LAWRENCE T. OLIVER (VP and Secretary) has traded it 6 times. They made 6 purchases, buying 58 shares and 0 sales.
- PAUL W NESTER (President & CEO) purchased 900 shares.
- 克里斯滕·布魯克·邁爾斯(副總裁，人力資源)已經進行了6次交易。他們進行了6次購買，購買了29股，沒有銷售。
- 勞倫斯·T·奧利弗(副總裁兼秘書)已經進行了6次交易。他們進行了6次購買，購買了58股，沒有銷售。
- 保羅·W·內斯特(總裁兼首席執行官)購買了900股。
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
要跟蹤內部交易，請查看Quiver Quantitative的內部交易特斯拉-儀表。
$RGCO Hedge Fund Activity
rgc resources對沖基金活動
We have seen 36 institutional investors add shares of $RGCO stock to their portfolio, and 19 decrease their positions in their most recent quarter.
我們看到36家機構投資者在他們最近的一個季度中增加了$RGCO股票的持股，而有19家減少了他們的持倉。
Here are some of the largest recent moves:
以下是一些最近最大的交易動態：
- RUSSELL INVESTMENTS GROUP, LTD. added 37,896 shares (+24.7%) to their portfolio in Q3 2024
- CUTTER & CO BROKERAGE, INC. added 21,489 shares (+18.5%) to their portfolio in Q3 2024
- GOLDMAN SACHS GROUP INC added 16,881 shares (+inf%) to their portfolio in Q3 2024
- BLACKROCK, INC. added 14,730 shares (+3.5%) to their portfolio in Q3 2024
- INVESCO LTD. removed 14,718 shares (-100.0%) from their portfolio in Q3 2024
- MORGAN STANLEY added 11,835 shares (+33.2%) to their portfolio in Q3 2024
- GAMCO INVESTORS, INC. ET AL added 11,200 shares (+2.9%) to their portfolio in Q3 2024
- RUSSELL INVESTMENTS GROUP, LTD.在2024年第三季度向其投資組合中增加了37,896股（+24.7%）。
- CUTTER & CO BROKERAGE, INC.在2024年第三季度向其投資組合中增加了21,489股（+18.5%）。
- GOLDMAN SACHS GROUP INC在2024年第三季度向其投資組合中增加了16,881股（+inf%）。
- BLACKROCk, INC.在2024年第三季度向其投資組合中增加了14,730股（+3.5%）。
- INVESCO LTD.在2024年第三季度從他們的投資組合中移除了14,718股(-100.0%)
- 摩根士丹利在2024年第三季度向其投資組合中增加了11,835股（+33.2%）。
- GAMCO INVESTORS, INC. Et AL added 11,200 shares (+2.9%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
要追蹤對沖基金的股票組合，請查看Quiver Quantitative的機構持股儀表板。
Full Release
全面發佈
ROANOKE, Va., Nov. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (Nasdaq: RGCO), at its meeting on November 22, 2024, declared a quarterly dividend of $0.2075 per share on the Company's common stock. The indicated annual dividend is $0.83 per share, a $0.03, or 3.8%, per share increase over the prior annual level. The Company has now increased the annual dividend 21 consecutive years. Paul Nester, CEO of RGC Resources, Inc., stated, "The Roanoke Gas utility continues to deliver solid operational and financial performance. Further, we are pleased that the MVP was completed in 2024 and now delivering affordable, reliable natural gas to Southwest Virginia. This dividend increase, our 21
st
annual increase, reflects our commitment to deliver long-term shareholder value." The dividend will be paid on February 1, 2025 to shareholders of record on January 17, 2025. This is the Company's 323
rd
consecutive quarterly cash dividend.
ROANOKE, Va., Nov. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of RGC Resources, Inc. (Nasdaq: RGCO), at its meeting on November 22, 2024, declared a quarterly dividend of $0.2075 per share on the Company's common stock. The indicated annual dividend is $0.83 per share, a $0.03, or 3.8%, per share increase over the prior annual level. The Company has now increased the annual dividend 21 consecutive years. Paul Nester, CEO of RGC Resources, Inc., stated, "The Roanoke Gas utility continues to deliver solid operational and financial performance. Further, we are pleased that the MVP was completed in 2024 and now delivering affordable, reliable natural gas to Southwest Virginia. This dividend increase, our 21
st
annual increase, reflects our commitment to deliver long-term shareholder value." The dividend will be paid on February 1, 2025 to shareholders of record on January 17, 2025. This is the Company's 323
rd
consecutive quarterly cash dividend.
RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company and RGC Midstream, L.L.C.
rgc resources公司通過其運營子公司，包括Roanoke燃氣公司和RGC Midstream，向弗吉尼亞州的客戶提供能源和相關產品和服務。
The statements in this release that are not historical facts constitute "forward-looking statements" made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from any expectations expressed in the Company's forward-looking statements, regarding customer growth, infrastructure investment and margins. These risks and uncertainties include gas prices and supply, geopolitical considerations and regulatory and legal challenges and those set forth in the Company's Form 10-Q for the quarter ended June 30, 2024 and Item 1-A in the Company's fiscal 2023 10-K. Forward-looking statements reflect the Company's current expectations only as of the date they are made. The Company assumes no duty to update these statements should expectations change or actual results differ from current expectations except as required by applicable laws and regulations.
本發佈中的不是歷史事實的聲明構成根據1995年《私人證券訴訟改革法》的安全港條款製作的「前瞻性聲明」，涉及風險和不確定性。爲了遵守安全港的條款，公司注意到多種因素可能導致公司的實際結果和經驗與公司的前瞻性聲明中表達的任何期望大不相同，包括客戶增長、基礎設施投資和利潤率。這些風險和不確定性包括燃氣價格和供應、地緣政治考慮以及監管和法律挑戰，以及公司2024年6月30日止第10-Q表格和公司2023財年10-K中列出的事項1-A。前瞻性聲明僅反映公司當前的期望，僅截至其發表的日期。公司在期望改變或實際結果與當前期望不符時，除適用法律法規要求外，不承擔更新這些聲明的義務。
Past performance is not necessarily a predictor of future results.
過去的表現並不一定是未來結果的預測因素。
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Contact: |
Timothy J. Mulvaney VP, Treasurer and CFO |
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Telephone: |
540-777-3997 |
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聯繫方式： |
Timothy J. Mulvaney 副總裁，財務總監和首席財務官 |
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電話： |
540-777-3997 |
