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Cash Dividend On The Way From RGC Resources

By Dividend Channel Staff, Wednesday, July 12, 10:22 AM ET
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On 7/14/23, RGC Resources, Inc. (NASDAQ:RGCO) will trade ex-dividend, for its quarterly dividend of $0.1975, payable on 8/1/23. As a percentage of RGCO's recent stock price of $19.06, this dividend works out to approximately 1.04%, so look for shares of RGC Resources, Inc. to trade 1.04% lower — all else being equal — when RGCO shares open for trading on 7/14/23.

Below is a dividend history chart for RGCO, showing historical dividends prior to the most recent $0.1975 declared by RGC Resources, Inc.:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RGCO is likely to continue, and whether the current estimated yield of 4.14% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RGCO shares, versus its 200 day moving average:

RGC Resources, Inc. 200 Day Moving Average Chart

Looking at the chart above, RGCO's low point in its 52 week range is $18.01 per share, with $24.5499 as the 52 week high point — that compares with a last trade of $19.06.


Free Report: Top 8%+ Dividends (paid monthly)

In Wednesday trading, RGC Resources, Inc. shares are currently up about 0.2% on the day.


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