RGC Resources Price Performance
Shares of RGCO opened at $24.35 on Tuesday. The stock has a market capitalization of $205.08 million, a P/E ratio of -6.84 and a beta of -0.13. RGC Resources has a twelve month low of $18.01 and a twelve month high of $24.55. The company has a 50 day moving average of $22.10 and a 200-day moving average of $21.01. The company has a quick ratio of 1.27, a current ratio of 1.69 and a debt-to-equity ratio of 1.23.
RGC Resources Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 1st. Stockholders of record on Wednesday, January 18th will be issued a $0.1975 dividend. This represents a $0.79 annualized dividend and a dividend yield of 3.24%. The ex-dividend date is Tuesday, January 17th. This is an increase from RGC Resources’s previous quarterly dividend of $0.20.
Institutional Investors Weigh In On RGC Resources
About RGC Resources
RGC Resources, Inc, through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,157 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates 6 metering stations.
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