Sonderdividende bei RGCO!

RGCO Resources verkauft und verteilt Gas.

Nach der Divididende, die auch nicht schlecht war, gibts noch eine Sonderausschüttung.

RGC Resources, Inc. Third Quarter Financial Results

ROANOKE, Va., Aug 16, 2004 /PRNewswire-FirstCall via COMTEX/ -- RGC Resources,Inc. (Nasdaq: RGCO) announced an unaudited consolidated Company loss of $512,664or $0.25 per share on 2,031,334 average diluted shares for the quarter endedJune 30, 2004. This compares to a loss, for the same quarter last year, of$562,407 or $0.28 per share on 1,990,223 average diluted shares. The Companytypically has losses in the quarter ending June 30 due to the seasonal nature ofthe Company's business. Earnings for the 12 months ended June 30, 2004 were$3,646,697 or $1.80 per share on 2,028,649 average diluted shares outstandingcompared to $3,590,090, or $1.82 per share on 1,976,454 average diluted sharesfor the 12 months ended June 30, 2003.Subsequent to the end of the quarter, the Company announced on July 12, 2004,that its subsidiary, Diversified Energy Company, d/b/a Highland Propane Company,had sold its propane assets to Inergy Propane, L.L.C., the operating subsidiaryof Inergy, L.P., for approximately $28 million in cash. The Company alsoannounced on July 12, 2004 the declaration of a special dividend of $4.50 pershare for shareholders of record on September 30, 2004, payable on December 8,2004.RGC Resources, Inc. provides energy and related products and services tocustomers in Virginia and West Virginia through its operating subsidiariesincluding Roanoke Gas Company, Bluefield Gas Company, Diversified EnergyCompany, and RGC Ventures of Virginia, Inc.From time to time, the Company may publish forward-looking statements relatingto such matters as anticipated financial performance, business prospects,technological developments, new products, research and development activitiesand similar matters. The Private Securities Litigation Reform Act of 1995provides a safe harbor for forward-looking statements. In order to comply withthe terms of the safe harbor, the Company notes that a variety of factors couldcause the Company's actual results and experience to differ materially from theanticipated results or other expectations expressed in the Company'sforward-looking statements.Unaudited summary financial statements for the third quarter and twelve- monthsyear-to-date are as follows:                     RGC Resources, Inc. and Subsidiaries     Condensed Consolidated Statements of Income and Comprehensive Income                                 (Unaudited)                             Three Months Ended        Twelve Months Ended                                  June 30,                   June 30,                             2004         2003          2004         2003    Revenues              $18,233,478  $17,797,875  $101,343,700  $85,399,348    Cost of sales          13,830,715   13,585,356    78,334,466   64,001,579    Operating margin        4,402,763    4,212,519    23,009,234   21,397,769    Other operating     expenses               4,376,556    4,180,401    17,269,096   16,228,526    Impairment loss                 -            -             -       72,008    Interest expense          439,166      474,701     1,916,771    1,917,741    Income (loss) from     continuing     operations before     income taxes            (412,959)    (442,583)    3,823,367    3,179,494    Income tax expense     (benefit) from     continuing     operations              (137,216)    (166,122)    1,419,129    1,190,466    Net income (loss)     from continuing     operations              (275,743)    (276,461)    2,404,238    1,989,028    Income (loss) from     discontinued     operations, net of     income taxes            (236,921)    (285,946)    1,242,459    1,601,062    Net income (loss)        (512,664)    (562,407)    3,646,697    3,590,090    Other comprehensive     income (loss), net     of tax                    89,942      (39,506)      144,504     (203,197)    Comprehensive income     (loss)                 $(422,722)   $(601,913)   $3,791,201   $3,386,893    Basic earnings per     share of common     stock:      Income from       continuing       operations              $(0.13)      $(0.14)        $1.19        $1.01      Discontinued       operations               (0.12)       (0.14)         0.62         0.81      Net income (loss)        $(0.25)      $(0.28)        $1.81        $1.82    Diluted earnings per     share of common     stock:      Income from       continuing       operations              $(0.13)      $(0.14)        $1.19        $1.01      Discontinued       operations               (0.12)       (0.14)         0.61         0.81      Net income (loss)        $(0.25)      $(0.28)        $1.80        $1.82    Cash dividends per     common share              $0.295       $0.285        $1.160       $1.140    Weighted average     number of common     shares outstanding:       Basic                2,031,334    1,990,223     2,015,477    1,973,684       Diluted              2,031,334    1,990,223     2,028,649    1,976,454                    Condensed Consolidated Balance Sheets                                 (Unaudited)                                                           June 30,    Assets                                         2004              2003    Net assets held for sale                    $12,499,981       $12,844,906    Other current assets                         18,273,327        19,171,945    Total property, plant and equipment, net     68,742,615        64,315,162    Other assets                                    665,430           973,952      Total Assets                             $100,181,353       $97,305,965    Liabilities and Stockholders' Equity    Current liabilities                         $22,662,162       $25,456,859    Long-term debt                               30,200,000        28,228,299    Deferred credits and other liabilities       10,169,972         8,832,842       Total Liabilities                         63,032,134        62,518,000    Stockholders' Equity                         37,149,219        34,787,965      Total Liabilities and Stockholders'       Equity                                  $100,181,353       $97,305,965SOURCE RGC Resources, Inc.CONTACT:          John B. Williamson, III, Chairman, President and CEO, of RGC                  Resources, Inc., +1-540-777-3810                  (RGCO)http://www.prnewswire.comCopyright (C) 2004 PR Newswire.  All rights reserved.KEYWORD:          Virginia                  West VirginiaINDUSTRY KEYWORD: OIL                  UTISUBJECT CODE:     ERN

       

die sonderdividende beträgt ca. 20 %, nämlich 4, 5 $