Gorman-Rupp Announces 9.7% Increase in Quarterly Cash Dividend and New Share Repurchase Authorization

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 shares of the Company, payable December 10, 2021, to shareholders of record November 15, 2021. The cash dividend will represent a 9.7% increase over the $0.155 dividend per share paid in the previous quarter. This is the 49^th consecutive year of increased dividends, which positions Gorman-Rupp in the top 50 of all U.S. public companies with respect to number of years of increased dividend payments.... Read more

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