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Reminder - RGC Resources (RGCO) Goes Ex-Dividend Soon

By Dividend Channel Staff, Tuesday, October 12, 11:50 AM ET
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On 10/14/21, RGC Resources, Inc. (NASDAQ:RGCO) will trade ex-dividend, for its quarterly dividend of $0.185, payable on 11/1/21. As a percentage of RGCO's recent stock price of $22.43, this dividend works out to approximately 0.82%, so look for shares of RGC Resources, Inc. to trade 0.82% lower — all else being equal — when RGCO shares open for trading on 10/14/21.

Below is a dividend history chart for RGCO, showing historical dividends prior to the most recent $0.185 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 3.30% 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 $21.32 per share, with $27.40 as the 52 week high point — that compares with a last trade of $22.43.


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In Tuesday trading, RGC Resources, Inc. shares are currently down about 1.3% on the day.


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