|Free Dividend Report|
|RGCO Dividend History|
|RGCO Stock Split History|
|Preferred Stock Newsletter|
|RGCO Options Chain|
|Stock Message Boards|
RGC Resources (RGCO) has 3 splits in our RGCO split history database. The first split for RGCO took place on July 05, 1994. This was a 2 for 1 split, meaning for each share of RGCO owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. RGCO's second split took place on September 02, 2011. This was a 2 for 1 split, meaning for each share of RGCO owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. RGCO's third split took place on March 02, 2017. This was a 3 for 2 split, meaning for each 2 shares of RGCO owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 6000 share position following the split.
When a company such as RGC Resources splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the RGCO split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RGC Resources shares, starting with a $10,000 purchase of RGCO, presented on a split-history-adjusted basis factoring in the complete RGCO split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||9.66%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||8.73%|
|About RGC Resources|
|RGC Resources is a holding company. Through its subsidiaries, Co. is an energy services company primarily engaged in the sale and distribution of natural gas. Co.'s wholly owned subsidiaries include: Roanoke Gas Company (Roanoke Gas); RGC Midstream, LLC (Midstream); and Diversified Energy Company (Diversified Energy). Roanoke Gas is a natural gas utility, which distributes and sells natural gas to approx. 62,600 residential, commercial and industrial customers within its service areas in Roanoke, VA and the surrounding localities. Midstream, is an investor in the Mountain Valley Pipeline project which constructs and operates interstate natural gas pipelines. Diversified Energy is inactive. According to our RGCO split history records, RGC Resources has had 3 splits.|
|RGCO Split History Table|
|07/05/1994||2 for 1|
|09/02/2011||2 for 1|
|03/02/2017||3 for 2|
|Utilities Stock Splits|
|RGCO is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: RGCO shares outstanding history