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Gorman-Rupp (GRC) Dividend Yield, Date & History

Gorman-Rupp logo
$39.13 -0.46 (-1.16%)
(As of 12/20/2024 04:33 PM ET)

Gorman-Rupp Dividend Summary

Dividend Yield
1.89%
Annual Dividend
$0.74
Recent
Dividend Payment
Dec. 10
Dividend Increase
Track Record
52 Years
Annualized 3-Year
Dividend Growth
6.12%
Dividend Payout Ratio
51.03%

Gorman-Rupp (GRC) pays an annual dividend of $0.74 per share, with a dividend yield of 1.89%. The next quarterly payment of $0.1850 per share was paid on Tuesday, December 10, to investors who owned the stock before the ex-dividend date of Friday, November 15. GRC has grown its dividend for 52 consecutive years, with an average annual increase of 2.00%. The company currently pays out 51.03% of its earnings and 30.90% of its cash flow as dividends.

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GRC Dividend Payments by Quarter

The chart below displays up to four years of Gorman-Rupp's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

GRC Dividend Yield Over Time

The chart below tracks Gorman-Rupp's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Gorman-Rupp vs. The Competition

Compare Gorman-Rupp's annual dividend, yield, and 3-year growth rate with averages for Industrial and NYSE companies to evaluate its performance against the market.

TypeGorman-RuppIndustrial CompaniesNYSE Companies
Annual Dividend$0.74$0.01$1.39
Dividend Yield1.89%2.08%3.58%
Annualized 3-Year Dividend Growth6.12%11.38%15.78%
Track Record52 years33 years24 years

Gorman-Rupp Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings51.03%
Based on This Year's Estimate41.57%
Based on Next Year's Estimate37.37%
Based on Cashflow30.90%

Gorman-Rupp Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/25/2024Quarterly$0.1850+$0.0050
2.78%
1.98%11/15/202411/15/202412/10/2024
7/26/2024Quarterly$0.18 - 1.75%8/15/20248/15/20249/10/2024
4/26/2024Quarterly$0.18 - 2.16%5/14/20245/15/20246/10/2024
1/26/2024Quarterly$0.18 - 2.13%2/14/20242/15/20243/8/2024
10/27/2023Quarterly$0.18+$0.0050
2.86%
2.33%11/14/202311/15/202312/8/2023
7/28/2023Quarterly$0.1750 - 2.27%8/14/20238/15/20239/8/2023
4/28/2023Quarterly$0.1750 - 2.85%5/12/20235/15/20236/9/2023
1/27/2023Quarterly$0.1750 - 2.46%2/14/20232/15/20233/10/2023

This table shows Gorman-Rupp's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Gorman-Rupp Dividend - Frequently Asked Questions

The current dividend yield for Gorman-Rupp is 1.89%. Learn more on GRC's dividend yield history.

The annual dividend for GRC shares is $0.74. Learn more on GRC's annual dividend history.

Gorman-Rupp pays quarterly dividends to shareholders.

Gorman-Rupp's most recent quarterly dividend payment of $0.1850 per share was made to shareholders on Tuesday, December 10, 2024.

Gorman-Rupp's most recent ex-dividend date was Friday, November 15, 2024.

Over the past three years, the company's dividend has grown by an average of 6.12% per year.

Gorman-Rupp has increased its dividend for the past 52 consecutive years.

The most recent change in the company's dividend was an increase of $0.0050 on Friday, October 25, 2024.

The dividend payout ratio for GRC is:
  • 51.03% based on the trailing year of earnings
  • 41.57% based on this year's estimates
  • 37.37% based on next year's estimates
  • 30.90% based on cash flow

Gorman-Rupp's dividend yield of 1.79% is lower than the average Industrial Products company that issues a dividend. The company's 52 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Gorman-Rupp's dividend payout ratio of 51.03% is at a healthy, sustainable level, below 75% of its earnings.


This page (NYSE:GRC) was last updated on 12/21/2024 by MarketBeat.com Staff
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