FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of Earliest Event Reported): July 13, 2004
RGC RESOURCES, INC.
(Exact name of Registrant as specified in its charter)
Virginia 000-26591 54-1909697
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
519 Kimball Ave., N.E.
Roanoke, Virginia 24016
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 540-777-4427
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On July 12, 2004, RGC Resources, Inc., announced that its operating
subsidiary, Diversified Operating Company d/b/a Highland Propane
Company, had sold its propane assets to Inergy Propane, LLC, an
operating subsidiary of Inergy LP, for approximately $28 million in
cash. In addition, RGC Resources also announced the declaration of a
special dividend of $4.50 per share payable on December 8, 2004 to
shareholders of record at the close of business on September 30, 2004.
The press release is included as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
99.1 Press Release dated July 12, 2004.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
RGC RESOURCES, INC.
By s/Howard T. Lyon
Howard T. Lyon
Vice-President, Treasurer and Controller
(Principal Financial Officer)
Date: July 13, 2004