- RGC Resources is a fairly small Virginian utility that boasts incredibly stable YOY cash flows and a growing dividend.
- The company is able to easily afford its dividend, which means that it can certainly continue to pay its 3.41% yield.
- The company is more conservatively financed than its peers, which is always an advantage.
- The company has a history of delivering fairly solid EPS growth but unfortunately, it does not appear likely to be able to continue this track record.
- The valuation appears reasonable at the current level.
For further details see:
RGC Resources: Lack Of Forward Growth A Concern