RGC Resources Inc

RGC Resources narrowed its fiscal 2026 earnings outlook to $1.29 to $1.32 per share and expects a small fourth-quarter loss. For the first nine months of fiscal 2026, net income rose to $14.2 million, or $1.37 per diluted share, up 4.6% from the prior-year period, driven by a non-gas base rate increase and interim rates. Roanoke Gas settled its expedited rate case for $3.85 million in annual incremental revenue, below its $4.3 million request, and the company refinanced a $15 million note at a fixed 5.13% rate for three years. Engineers are assessing structural damage from icing at the company's LNG tank, with replacement peak-shaving capacity being secured through pipeline capacity and trucked LNG.

RGC Resources declared a quarterly dividend of $0.2175 per share, in line with the previous payout. The dividend is payable on August 3 to shareholders of record as of July 17, with the ex-dividend date also set for July 17. The forward yield is 3.66%.