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Stock impact report

RGC Resources (NASDAQ:RGCO) Is Paying Out A Larger Dividend Than Last Year [Yahoo! Finance]

RGC Resources Inc. (RGCO) 
Last rgc resources inc. earnings: 2/3 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: rgcresources.com
Company Research Source: Yahoo! Finance
Based on this payment, the dividend yield for the company will be 3.7%, which is fairly typical for the industry. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Unless the payments are sustainable, the dividend yield doesn't mean too much. The last payment was quite easily covered by earnings, but it made up 105% of cash flows. While the company may be more focused on returning cash to shareholders than growing the business at this time, we think that a cash payout ratio this high might expose the dividend to being cut if the business ran into some challenges. EPS is set to fall by 0.3% over the next 12 months if recent trends continue. If the dividend continues along recent trends, we estimate the payout ratio could be 69%, which we consider to be quite comfortable, with most of the company's earnings left over to grow the business in the future. Check out our latest analysis for RGC Resources The company has Show less Read more
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