Gorman-Rupp (GRC) Raises Quarterly Dividend 2.9% to $0.18; 2.4% Yield
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Gorman-Rupp Announces Increase in Quarterly Cash Dividend
October 27, 2023 6:40 AM EDTMANSFIELD, Ohio--(BUSINESS WIRE)-- The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.18 per share on the common shares of the Company, payable December 8, 2023, to shareholders of record November 15, 2023. The cash dividend will represent a 2.9% increase over the $0.175 dividend per share paid in the previous quarter.
This action will mark the 295th consecutive quarterly dividend paid by The Gorman-Rupp Company and the 51st consecutive year of increased dividends to its shareholders, which positions Gorman-Rupp in the top 50 of all U.S. public... More
