Gorman-Rupp Company Announces Special Cash Dividend of $2.00 Per Share and an 8.0% Increase in Regular Quarterly Cash Dividend

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Go back to Gorman-Rupp Company Announces Special Cash Dividend of $2.00 Per Share and an 8.0% Increase in Regular Quarterly Cash Dividend

Gorman-Rupp (GRC) Raises Quarterly Dividend 8% to $0.135; 1.8% Yield

October 26, 2018 6:47 AM EDT

Gorman-Rupp (NYSE: GRC) declared a quarterly dividend of $0.135 per share, or $0.54 annualized. This is an 8% increase from the prior dividend of $0.125.

The dividend will be payable on December 10, 2018, to stockholders of record on November 15, 2018, with an ex-dividend date of November 14,... More