RGC Resources stock declares a new quarterly dividend
Published on 10/05/2026 at 14:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
RGC Resources (ISIN US74955L1035) stock closed at USD 21.80 on Nasdaq on October 2, 2026, up 0.97 percent from the prior close and 22.15 percent below its 52-week high of USD 27.99. The company declared a quarterly dividend on September 28, giving income-focused shareholders a concrete cash-distribution date.
Dividend sets the near-term date
According to RGC Resources, the board declared a USD 0.2175 per-share quarterly dividend on September 28, 2026. The payment is scheduled for November 2, 2026, to shareholders of record on October 16, 2026, extending the company's run of quarterly cash distributions to 330 payments.
The dividend equals USD 0.87 on an annualized basis. At the October 2 closing price, that annual amount corresponds to a 3.99 percent yield, calculated from USD 0.87 divided by USD 21.80.
Fiscal Q3 missed on revenue
MarketBeat reports that RGC Resources earned USD 0.05 per share in the quarter ended June 30, 2026, below the USD 0.06 consensus estimate. Revenue was USD 17.11 million, compared with USD 18.19 million expected, a USD 1.08 million shortfall.
The earnings gap was small in absolute terms, but the revenue comparison matters for a regulated gas distributor because customer demand and rate recovery directly shape operating performance. RGC Resources serves residential, commercial and industrial customers in and around Roanoke, Virginia, while its RGC Midstream subsidiary invests in gas transportation infrastructure, including the Mountain Valley Pipeline.
Analyst target sits above the stock
MarketBeat lists a consensus Buy rating from two analysts and an average price target of USD 27.00. That target lies 23.9 percent above the USD 21.80 closing price, while Huntington initiated coverage at Outperform with the same USD 27.00 target, according to MarketBeat.
Stock remains below yearly high
RGC Resources closed at USD 21.80 on Nasdaq on October 2, 2026, with 10,338 shares traded and a market capitalization of USD 226.9 million. The stock's USD 20.55 to USD 27.99 52-week range places the closing price 6.08 percent above the low and 22.15 percent below the high.
RGC Resources stock facts
- Company: RGC Resources, Inc.
- ISIN: US74955L1035
- Ticker: RGCO
- Trading venue: Nasdaq Global Market
- Price (as of October 2, 2026): Closing price USD 21.80
- Market capitalization: USD 226.9 million (as of October 2, 2026)
- 52-week range: USD 20.55-27.99 (as of October 2, 2026)
- Sector / Industry: Utilities / Regulated Gas
Upcoming dates for RGC Resources stock
- October 16, 2026: Shareholder record date and ex-dividend date
- November 2, 2026: Quarterly dividend payment
