RGC Resources raises annual dividend 4.8% to 87c from 83c per share

The Board of Directors of RGC Resources (RGCO), at its meeting on November 24, declared a quarterly dividend of 21.75c per share on the company’s common stock. The indicated annual dividend is 87c per share, a 4c, or 4.8% per share increase over the prior annual level. The Company has now increased the annual dividend 22 consecutive years. Paul Nester, CEO of RGC Resources, Inc., stated, “The Board’s decision to increase the annual dividend rate reflects the strong fiscal 2025 earnings and operational performance as well as confirmation of the company’s strategy to prudently invest in the Roanoke Gas utility and the MVP expansion projects. This dividend increase reflects our commitment to deliver long-term shareholder value.” The dividend will be paid on February 2, 2026 to shareholders of record on January 16, 2026. This is the company’s 327th consecutive quarterly cash dividend.