Gorman-Rupp (GRC) Declares $0.17 Quarterly Dividend; 1.7% Yield

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

January 28, 2022 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 $0.17 per share on the common stock of the Company, payable March 10, 2022, to shareholders of record as of February 15, 2022. This will mark the 288th 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 28, 2022, and the related establishment of the close of business on February 28, 2022 as the... More