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RGC Resources (RGC Resources) Dividend Yield %

: 4.13% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of RGC Resources is 4.13%.

The historical rank and industry rank for RGC Resources's Dividend Yield % or its related term are showing as below:

RGCO' s Dividend Yield % Range Over the Past 10 Years
Min: 1.9   Med: 3.28   Max: 5.12
Current: 4.13

During the past 13 years, the highest Dividend Yield of RGC Resources was 5.12%. The lowest was 1.90%. And the median was 3.28%.

RGCO's Dividend Yield % is ranked better than
53.63% of 427 companies
in the Utilities - Regulated industry
Industry Median: 3.98 vs RGCO: 4.13

RGC Resources's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.40.

During the past 13 years, the highest Dividend Payout Ratio of RGC Resources was 0.80. The lowest was 0.53. And the median was 0.66.

As of today (2024-04-19), the Forward Dividend Yield % of RGC Resources is 4.16%.

RGC Resources's Dividends per Share for the three months ended in Dec. 2023 was $0.20.

During the past 12 months, RGC Resources's average Dividends Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of RGC Resources was 12.10% per year. The lowest was -6.10% per year. And the median was 2.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


RGC Resources Dividend Yield % Historical Data

The historical data trend for RGC Resources's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RGC Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.22 2.94 3.24 3.66 4.55

RGC Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.61 3.37 3.92 4.55 3.86

Competitive Comparison

For the Utilities - Regulated Gas subindustry, RGC Resources's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RGC Resources Dividend Yield % Distribution

For the Utilities - Regulated industry and Utilities sector, RGC Resources's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where RGC Resources's Dividend Yield % falls into.



RGC Resources Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

RGC Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-04-152024-04-162024-05-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002024-01-162024-01-172024-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1982023-10-132023-10-162023-11-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1982023-07-142023-07-172023-08-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

RGC Resources's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.796/19.35
=4.11 %

Current Share Price is $19.35.
RGC Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.796.

RGC Resources's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.8/19.35
=4.13 %

Current Share Price is $19.35.
RGC Resources's Dividends per Share for the forward twelve months is calculated as $0.2 * 4 = $0.8.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RGC Resources  (NAS:RGCO) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


RGC Resources Dividend Yield % Related Terms

Thank you for viewing the detailed overview of RGC Resources's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


RGC Resources (RGC Resources) Business Description

Traded in Other Exchanges
N/A
Address
519 Kimball Avenue North East, Roanoke, VA, USA, 24016
RGC Resources Inc is involved in the business of distribution and sale of natural gas to residential, commercial, and industrial customers within its service territory in Roanoke, Virginia and its surrounding localities as well as it also provides certain non-regulated services. The company relies on multiple interstate pipelines to transport natural gas. The company operates in three segments: Gas Utility, which is the key revenue generator; Investment in Affiliates this segment reflects the income generated through the activities of the Company's investment in MVP and Southgate projects and Parent & Other include the unregulated activities of the Company as well as certain corporate eliminations.
Executives
Christen Brooke Miles officer: VP, Human Resources P.O. BOX 13007, ROANOKE VA 24030
Lawrence T. Oliver officer: VP, Interim CFO, Sec. & Treas. P. O. BOX 13007, ROANOKE VA 24030
Robert B Johnston director
Jason A. Field officer: VP, Treasurer & CFO P. O. BOX 13007, ROANOKE VA 24030
Williamson John B Iii director, officer: Chairman, President & CEO PO BOX 13007, ROANOKE VA 24030
Paul W Nester officer: VP, Treasurer & CFO P.O. BOX 13007, ROANOKE VA 24030
Anita G Zucker 10 percent owner 4838 JENKINS AVE, N CHARLESTON SC 29405
Elizabeth A Mcclanahan director P. O. BOX 13007, ROANOKE VA 24030
Jacqueline L. Archer director P. O. BOX 13007, ROANOKE VA 24030
Burton Randall P. Ii other: Former VP, CFO, Sec. & Treas. P. O. BOX 13007, ROANOKE VA 24030
Shockley C James Jr officer: VP & COO P.O. BOX 13007, ROANOKE VA 24030
Wells Robert L Ii officer: VP, CIO, Asst. Sec. & Treas. P.O. BOX 13007, ROANOKE VA 24030
Nancy H Agee director PO BOX 13007, ROANOKE VA 24030
D Orazio John S officer: VP & COO Roanoke Gas Co (sub) PO BOX 13007, ROANOKE VA 24030
Smoot Raymond D Jr director P. O. BOX 13007, ROANOKE VA 24030