RGC Resources, Inc. Raises Annual Dividend to $0.83 per Share
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RGC Resources, Inc. has announced a 3.8% increase in its annual dividend, raising it to $0.83 per share. This marks the 21st consecutive year of dividend increases, reflecting the company's strong operational and financial performance. The dividend will be paid on February 1, 2025.
November 22, 2024 | 9:30 pm
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RGC Resources, Inc. has increased its annual dividend by 3.8% to $0.83 per share, marking 21 consecutive years of dividend growth. This reflects the company's strong performance and commitment to shareholder value.
The increase in the annual dividend is a positive signal to investors, indicating strong financial health and a commitment to returning value to shareholders. This is likely to have a positive short-term impact on the stock price as it may attract income-focused investors.
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IMPORTANCE 80
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