RGC Resources(NASDAQ:RGCO) Declares Dividend of $0.2175.

RGC Resources (NASDAQ:RGCO) had declared a cash dividend of $0.2175 on Nov 28, 2016. The shares will quote ex-dividend on Jan 12, 2017 and the record date has been fixed for Jan 17, 2017. On Nov 28, 2016 share price, the yield comes out to be 3.5294%. The dividend payable date has been fixed on Feb 1, 2017.

RGC Resources (RGCO) shares turned negative on Tuesdays trading session with the shares closing down -0.04 points or -0.16% at a volume of 4,070. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $24.94. The peak price level was also seen at $24.94 while the days lowest was $24.71. Finally the shares closed at $24.71. The 52-week high of the shares is $25.9999 while the 52-week low is $20.66. According to the latest information available, the market cap of the company is $118 M.

RGC Resources(RGCO) last announced its earnings results on Nov 16, 2016 for Fiscal Year 2016 and Q4.Earnings per share were $0.03.

Several Insider Transactions has been reported to the SEC. On Nov 2, 2016, Orazio John S D (President & CEO) purchased 40 shares at $24.78 per share price.Also, On Nov 2, 2016, Raymond D Jr Smoot (director) purchased 32 shares at $24.78 per share price.On Nov 2, 2016, Nancy H Agee (director) purchased 36 shares at $24.78 per share price, according to the Form-4 filing with the securities and exchange commission.

RGC Resources Inc. is an energy services company. It is primarily engaged in the regulated sale and distribution of natural gas to approximately 58200 residential commercial and industrial customers in Roanoke Virginia and the surrounding localities through its Roanoke Gas Company (Roanoke Gas) subsidiary. The Company also provides certain unregulated services through Roanoke Gas and utility consulting and information system services through RGC Ventures of Virginia Inc. which operates as The Utility Consultants and Application Resources. The Company has the following subsidiaries: Roanoke Gas Company (Roanoke Gas); Diversified Energy Company and RGC Ventures of Virginia Inc. operating as Application Resources and The Utility Consultants.

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