Gorman-Rupp Co (Gorman-Rupp Co) Dividend Payout Ratio : 0.60 (As of Mar. 2024)

View and export this data going back to 1972. Start your Free Trial

What is Gorman-Rupp Co Dividend Payout Ratio?

Gorman-Rupp Co's dividend payout ratio for the months ended in Mar. 2024 was 0.60.

The historical rank and industry rank for Gorman-Rupp Co's Dividend Payout Ratio or its related term are showing as below:

GRC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.43 Max: 1.59
Current: 0.51

During the past 13 years, the highest Dividend Payout Ratio of Gorman-Rupp Co was 1.59. The lowest was 0.27. And the median was 0.43.

GRC's Dividend Payout Ratio is ranked worse than
71.24% of 1662 companies
in the Industrial Products industry
Industry Median: 0.33 vs GRC: 0.51

As of today (2024-05-22), the Dividend Yield % of Gorman-Rupp Co is 2.15%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gorman-Rupp Co was 2.91%. The lowest was 0.87%. And the median was 1.57%.

Gorman-Rupp Co's Dividends per Share for the months ended in Mar. 2024 was $0.18.

During the past 12 months, Gorman-Rupp Co's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gorman-Rupp Co was 11.20% per year. The lowest was -0.30% per year. And the median was 4.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Gorman-Rupp Co Dividend Payout Ratio Historical Data

The historical data trend for Gorman-Rupp Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gorman-Rupp Co Dividend Payout Ratio Chart

Gorman-Rupp Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.40

0.61

0.56

1.59

0.53

Gorman-Rupp Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.70	0.44	0.52	0.53	0.60

Competitive Comparison of Gorman-Rupp Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Gorman-Rupp Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gorman-Rupp Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gorman-Rupp Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Gorman-Rupp Co's Dividend Payout Ratio falls into.

Gorman-Rupp Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Gorman-Rupp Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.705	/	1.34
	=	0.53

Gorman-Rupp Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.18	/	0.3
	=	0.60

Gorman-Rupp Co (NYSE:GRC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Gorman-Rupp Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Gorman-Rupp Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Gorman-Rupp Co (Gorman-Rupp Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gorman-Rupp Co (NYSE:GRC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GO4:Germany

Address

600 South Airport Road, Mansfield, OH, USA, 44903

Website

https://www.gormanrupp.com

Gorman-Rupp Co designs, manufactures and globally sells pumps & pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating & air conditioning, military, and other liquid-handling applications. It operates in one business segment, the manufacture & sale of pumps and pump systems, and generates revenue from the same. Geographically, it generates the majority of revenue from the United States.

Executives

Charmaine R Riggins	director	6524 RESERVE PINE DRIVE, CARY NC 27519
Kenneth R Reynolds	director	1424 GREENBRIER DRIVE, MT VERNON OH 43050
Scott A King	officer: Vice President	600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
M Ann Harlan	director
Jeffrey S Gorman	director, officer: President & CEO	C/O GORMAN RUPP CO, POST OFFICE BOX 1218, MANSFIELD OH 44901
Christopher H Lake	director	C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901
D Patrick Wischmeier	officer: VP, Information Technology	600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Angela M Morehead	officer: Treasurer and Asst. Secretary	600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Vincent K Petrella	director
Donald H Bullock	director
Sonja K Mcclelland	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald D Pittenger	officer: Assistant Treasurer	THE GORMAN-RUPP COMPANY, 305 BOWMAN STREET, MANSFIELD OH 44903
Barbara A Woodman	officer: VP, Human Resources	600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
James Kerr	officer: Chief Financial Officer	5555 DARROW ROAD, HUDSON OH 44236
W Wayne Walston	director	C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901