Gorman-Rupp (GRC) Declares $0.155 Quarterly Dividend; 2% Yield

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Gorman-Rupp Company Declares Cash Dividend and Announces Date of the Annual Meeting of Shareholders

January 29, 2021 6:30 AM EST

MANSFIELD, Ohio--(BUSINESS WIRE)-- The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.155 per share on the common stock of the Company, payable March 10, 2021, to shareholders of record as of February 12, 2021. This will mark the 284th consecutive quarterly dividend paid by The Gorman-Rupp Company.

Other action taken by the Board of Directors of The Gorman-Rupp Company was the announcement of the Annual Meeting of Shareholders scheduled to be held Thursday, April 22, 2021, and the related establishment of the close of business on March 1, 2021 as the... More