- The Gorman-Rupp Company (GRC, Financial) declared a quarterly cash dividend of $0.185 per share.
- The dividend is payable on June 10, 2025, to shareholders of record as of May 15, 2025.
- This marks the company's 301st consecutive quarterly dividend payment.
The Board of Directors of The Gorman-Rupp Company (GRC) has officially announced a quarterly cash dividend of $0.185 per share on the company's common stock. This dividend will be disbursed on June 10, 2025, with the shareholders of record up until May 15, 2025, eligible to receive this payment. Notably, this announcement signifies the 301st consecutive quarterly dividend distributed by the company, underscoring its commitment to shareholder returns.
Founded in 1933, The Gorman-Rupp Company is a prominent designer and manufacturer in the pump and pump systems industry, serving various sectors, including water, wastewater, construction, and industrial applications. The company's enduring ability to consistently deliver dividends highlights its robust financial health and dedication to creating long-term value for its investors.
As a publicly traded company, GRC is currently ranked #1460 by dividends and boasts a market cap of approximately $877.84 million. These metrics reflect the company's standing within the Specialty Industrial Machinery industry, emphasizing its influence in the pumps and pumping equipment sector. The company continues to navigate a competitive market landscape, adapting to changes in economic conditions, technological advances, and regulatory requirements.
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