RGC Resources (RGCO) will raise it's quarterly dividend to $0.1925 per share. It's the 11th consecutive annual dividend increase for RGC Resources.

The Board of Directors of RGC Resources, Inc. (Nasdaq:RGCO), at its meeting on November 24, 2014, declared a quarterly dividend of $0,1925 per share on the Company's common stock. The indicated annual dividend is $0,77 per share, a $0,03 or 4.1% per share increase over the prior annual level. The Company has now increased the annual dividend 11 consecutive years and 18 out of the last 19 years. The dividend will be paid on February 1, 2015 to shareholders of record on January 15, 2015. This is the Company's 283rd consecutive quarterly cash dividend.

RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company, Diversified Energy Company and RGC Ventures of Virginia, Inc.

At the current stock price of $20,88 the indicated dividend yield for RGC Resources is 3,7%.