Rgc Resources Inc (RGCO) Files Form 4 Insider Buying : Orazio John S D Buys 40 Shares

Rgc Resources Inc (RGCO): Orazio John S D , CEO & President of Rgc Resources Inc purchased 40 shares on Jul 1, 2016. The Insider buying transaction was reported by the company on Jul 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $24.87 per share for a total value of $1,000.01 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 6, 2016, Orazio John S D (CEO & President) purchased 40 shares at $24.87 per share price.On Jul 5, 2016, Paul W Nester (VP, Treasurer, Secretary & CFO) purchased 12 shares at $24.87 per share price.Also, On Jul 5, 2016, Raymond D Jr Smoot (director) purchased 32 shares at $24.87 per share price.On Jul 5, 2016, Nancy H Agee (director) purchased 36 shares at $24.87 per share price.

On Jun 27, 2016, RGC Resources announced a cash dividend of $0.2025. The company’s management has announced Jul 13, 2016 as the ex-dividend date and fixed the record date on Jul 15, 2016. The payable date has been fixed on Aug 1, 2016.

RGC Resources Inc. is an energy services company. It is primarily engaged in the regulated sale and distribution of natural gas to approximately 58200 residential commercial and industrial customers in Roanoke Virginia and the surrounding localities through its Roanoke Gas Company (Roanoke Gas) subsidiary. The Company also provides certain unregulated services through Roanoke Gas and utility consulting and information system services through RGC Ventures of Virginia Inc. which operates as The Utility Consultants and Application Resources. The Company has the following subsidiaries: Roanoke Gas Company (Roanoke Gas); Diversified Energy Company and RGC Ventures of Virginia Inc. operating as Application Resources and The Utility Consultants.

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