Gorman-Rupp increases quarterly cash dividend by 7.4%.
BANKING AND CREDIT NEWS-October 30, 2019-Gorman-Rupp increases quarterly cash dividend by 7.4%
(C)2019 M2 COMMUNICATIONS http://www.m2.com
Board of Directors of Ohio-based Gorman-Rupp Company (NYSE: GRC) has declared a USD 0.145 per share quarterly cash dividend on the common stock of the Company, representing a 7.4% increase over the USD 0.135 dividend paid in the previous quarter, the company said.
The dividend is payable December 10, 2019, to shareholders of record November 15, 2019.
This action will mark the 279th consecutive quarterly dividend paid by The Gorman-Rupp Company and the 47th consecutive year of increased dividends to its shareholders, which positions Gorman-Rupp in the top 50 of all US public companies with...
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