Dividend Flows: Nov 1, 2016 will mean $0.20 dividends for RGC Resources Inc. (NASDAQ:RGCO) shareholders.

Dividend Flows: Nov 1, 2016 will mean $0.20 dividends for RGC Resources Inc. (NASDAQ:RGCO) shareholders.

RGC Resources Inc. (NASDAQ:RGCO) is expected to pay $0.20 on Nov 1, 2016. The indicated annual dividend is $0.81. Shareholders owning the stock before Oct 13, 2016 will be eligible to receive the payout. Based on RGC Resources Inc.’s current price of $24.67, the dividend is 0.82%. This dividend’s record date is Oct 17, 2016 and the announcement date is Sep 29, 2016. The stock increased 1.90% or $0.46 on October 11, hitting $24.67. RGC Resources Inc. (NASDAQ:RGCO) has risen 16.48% since March 9, 2016 and is uptrending. It has outperformed by 9.06% the S&P500.

RGC Resources, Inc. is an energy services company. The company has a market cap of $118.83 million. The Firm is primarily engaged in the sale and distribution of natural gas to approximately 59,000 residential, commercial and industrial clients in Roanoke, Virginia and the surrounding localities. It has a 20.62 P/E ratio. The Firm conducts its activities primarily through its subsidiaries, including Roanoke Gas Company , Diversified Energy Company, RGC Ventures of Virginia, Inc. and RGC Midstream, LLC.

Insitutional Activity: The institutional sentiment increased to 1.11 in Q2 2016. Its up 0.11, from 1 in 2016Q1. The ratio is positive, as 0 funds sold all RGC Resources Inc. shares owned while 9 reduced positions. 5 funds bought stakes while 5 increased positions. They now own 673,988 shares or 8.57% more from 620,802 shares in 2016Q1.
Thompson Siegel Walmsley reported 30,018 shares or 0.01% of all its holdings. Wells Fargo & Mn has invested 0% of its portfolio in RGC Resources Inc. (NASDAQ:RGCO). Morgan Stanley last reported 0% of its portfolio in the stock. Bb&T Corp last reported 0% of its portfolio in the stock. Moreover, Commonwealth Equity Ser has 0% invested in RGC Resources Inc. (NASDAQ:RGCO) for 9,926 shares. Dalton Greiner Hartman Maher & holds 0.13% or 85,070 shares in its portfolio. Moreover, Price T Rowe Assocs Md has 0% invested in RGC Resources Inc. (NASDAQ:RGCO) for 8,586 shares. North Star Invest Mngmt has 38,925 shares for 0.17% of their US portfolio. Bank & Trust Of America Corporation De accumulated 0% or 4,000 shares. The New York-based Tower Research Capital Ltd Liability (Trc) has invested 0% in RGC Resources Inc. (NASDAQ:RGCO). Dimensional Fund Advsrs Lp holds 0% of its portfolio in RGC Resources Inc. (NASDAQ:RGCO) for 45,827 shares. Vanguard Grp Inc Inc reported 18,336 shares or 0% of all its holdings. Moreover, Gabelli Funds Limited Co has 0.01% invested in RGC Resources Inc. (NASDAQ:RGCO) for 56,000 shares. Blackrock Inv Mgmt Limited Liability Corp accumulated 0% or 777 shares. Catawba Capital Management Va owns 25,087 shares or 0.15% of their US portfolio.

Insider Transactions: Since May 2, 2016, the stock had 21 insider buys, and 0 insider sales for $52,945 net activity. $796 worth of shares were bought by SMOOT RAYMOND D JR on Friday, July 1. Another trade for 1,612 shares valued at $37,943 was bought by AGEE NANCY H. $1,003 worth of RGC Resources Inc. (NASDAQ:RGCO) was bought by D ORAZIO JOHN S on Wednesday, June 1. Nester Paul W also bought $303 worth of RGC Resources Inc. (NASDAQ:RGCO) shares.

More important recent RGC Resources Inc. (NASDAQ:RGCO) news were published by: Globenewswire.com which released: “RGC Resources, Inc. Declares Quarterly Dividend” on September 28, 2016, also Globenewswire.com published article titled: “RGC Resources, Inc. Third Quarter Financial Results”, Businesswire.com published: “Mountain Valley Pipeline to Provide Natural Gas Service to Virginia …” on October 01, 2015. More interesting news about RGC Resources Inc. (NASDAQ:RGCO) was released by: Businesswire.com and their article: “Mountain Valley Pipeline Secures New Shipper Commitment with Con Edison” with publication date: January 22, 2016.

RGCO Company Profile

RGC Resources, Inc., incorporated on July 31, 1998, is an energy services company. The Firm is primarily engaged in the sale and distribution of natural gas to approximately 59,000 residential, commercial and industrial clients in Roanoke, Virginia and the surrounding localities. The Firm conducts its activities primarily through its subsidiaries, including Roanoke Gas Company (Roanoke Gas), Diversified Energy Company, RGC Ventures of Virginia, Inc. and RGC Midstream, LLC. Roanoke Gas also provides certain non-regulated services. Roanoke Gas uses a third-party asset manager to manage its pipeline transportation and storage rights, and gas supply inventories and deliveries.

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