RGC Resources (RGCO) announced that it will raise its quarterly dividend by 5.4 percent to $0.195 per share. This marks 18 consecutive years of dividend increases by the utility company and follows a dividend hike of 5.7 percent in 2021.

The next RGCO dividend will be paid on February 1, 2022 to shareholders of record on January 18, 2022. This is the Company’s 311th consecutive quarterly cash dividend. 

RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries Roanoke Gas Company and RGC Midstream, LLC. The company sells and distributes natural gas to residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities. RGC also owns a liquefied natural gas storage facility located in Botetourt County.