Gorman-Rupp (GRC) Raises Quarterly Dividend 2.8% to $0.185; 1.9% Yield
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Gorman-Rupp Announces Increase in Quarterly Cash Dividend
October 25, 2024 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 $0.185 per share on the common shares of the Company, payable December 10, 2024, to shareholders of record November 15, 2024. The cash dividend will represent a 2.8% increase over the $0.18 dividend per share paid in the previous quarter.
This action will mark the 299th consecutive quarterly dividend paid by The Gorman-Rupp Company and the 52nd consecutive year of increased dividends to its shareholders, which positions Gorman-Rupp in the top 50 of all U.S. public... More
