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GRC Gorman Rupp dividend history, payout ratio & dates

Gorman Rupp's most recent quarterly cash dividend of $0.175 per share was issued to shareholders on record before Nov 14, 2022. At an annualized rate of $0.69 per share, the stock yields 2.53%. The latest GRC dividend of $0.175 is an increase from the previous $0.17 payout, representing a growth of 2.9%.

Key dates

  • GRC last dividend date: Nov 14, 2022
  • GRC next dividend date: Not announced
GRC dividend stats
DPS
$0.69
Dividend yield
2.53%
Payout ratio
116.1%
vs. Industrials sector
Dividend yield
1.45%
Payout ratio
26.7%

Dividend yield

What is Gorman Rupp current dividend yield

Gorman Rupp's dividend yield of 2.53% is above the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 1.45%, Gorman Rupp's dividend yield is 74% higher. The current dividend yield is higher than the historical average of 1.8% of the last 5 years.

Dividend history

What is GRC dividend payout history and dates

Gorman Rupp has been paying dividends for the last 28 years. According to our data GRC has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 8% for the last twelve months. And since the stock price has gone down by 37% from a year ago, the dividend yield has increased by 72%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 14, 2022 Dec 9, 2022 Oct 28, 2022 $0.175 normal
Aug 12, 2022 Sep 9, 2022 Jul 29, 2022 $0.17 normal
May 12, 2022 Jun 10, 2022 $0.17 normal
Feb 14, 2022 Mar 10, 2022 Jan 28, 2022 $0.17 normal
Nov 12, 2021 Dec 10, 2021 Oct 29, 2021 $0.17 normal
Aug 12, 2021 Sep 10, 2021 Jul 23, 2021 $0.155 normal
May 13, 2021 Jun 10, 2021 Apr 23, 2021 $0.155 normal
Feb 11, 2021 Mar 10, 2021 $0.155 normal
Nov 12, 2020 Dec 10, 2020 Oct 23, 2020 $0.155 normal
Aug 13, 2020 Sep 10, 2020 Jul 24, 2020 $0.145 normal
May 14, 2020 Jun 10, 2020 Apr 24, 2020 $0.145 normal
Feb 13, 2020 Mar 10, 2020 Jan 24, 2020 $0.145 normal
Nov 14, 2019 Dec 10, 2019 Oct 25, 2019 $0.145 normal
Aug 14, 2019 Sep 10, 2019 Jul 26, 2019 $0.135 normal
May 14, 2019 Jun 10, 2019 Apr 26, 2019 $0.135 normal
Feb 14, 2019 Mar 8, 2019 Jan 25, 2019 $0.135 normal
Nov 14, 2018 Dec 10, 2018 Oct 26, 2018 $0.135 normal
Nov 14, 2018 Dec 10, 2018 $2 special
Aug 14, 2018 Sep 10, 2018 Jul 27, 2018 $0.125 normal
May 14, 2018 Jun 8, 2018 Apr 27, 2018 $0.125 normal
Feb 14, 2018 Mar 9, 2018 Jan 26, 2018 $0.125 normal
Nov 14, 2017 Dec 8, 2017 $0.125 normal
Aug 11, 2017 Sep 8, 2017 Jul 28, 2017 $0.115 normal
May 12, 2017 $0.115 normal
May 11, 2017 Jun 9, 2017 $0.115 normal
Feb 14, 2017 Jan 27, 2017 $0.115 normal
Feb 13, 2017 Mar 10, 2017 Jan 27, 2017 $0.115 normal
Nov 14, 2016 Oct 27, 2016 $0.115 normal
Nov 10, 2016 Dec 9, 2016 Oct 27, 2016 $0.115 normal
Aug 12, 2016 Jul 29, 2016 $0.105 normal
Aug 11, 2016 Sep 9, 2016 Jul 29, 2016 $0.105 normal
May 12, 2016 Apr 28, 2016 $0.105 normal
May 11, 2016 Jun 10, 2016 Apr 28, 2016 $0.105 normal

Gorman Rupp dividend payout ratio

What is Gorman Rupp dividend payout ratio compared to the sector

Payout ratio

Gorman Rupp's payout ratio of 116.1% is above the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 26.7%, Gorman Rupp's payout ratio is 335% higher.

Total amount of dividends paid per financial year (from cash flow)

GRC dividend vs peer dividends

How does GRC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
FLS Flowserve Corp 2.6% $0.8 123.1%
GRC Gorman Rupp Co 2.53% $0.69 116.1%
ITT ITT Inc 1.24% $1.01 23.9%
GGG Graco Inc 1.22% $0.84 31.5%
XYL Xylem Inc 1.09% $1.2 67.8%
FELE Franklin Electric Co Inc 0.95% $0.78 19.4%

Frequently asked questions

Does Gorman Rupp pay a dividend?

Yes, Gorman Rupp has paid four dividends in the last twelve months. GRC has been paying dividends since 1994.

When is Gorman Rupp's next dividend?

GRC hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in February 2023.

When was GRC's last dividend?

Gorman Rupp's last regular dividend was on Nov 14, 2022 (ex-date) with the amount of $0.175 per share.

How much dividend does Gorman Rupp pay (per share)?

On an annual basis GRC pays $0.69 per share.

What is Gorman Rupp's dividend yield?

Currently Gorman Rupp's dividend yield is 2.53%.

How often does Gorman Rupp pay dividends?

Gorman Rupp pays four dividends per year.

What is Gorman Rupp's dividend payout ratio?

Gorman Rupp's dividend payout ratio is 116.1%.

Does Gorman Rupp pay a good dividend?

Gorman Rupp's dividend yield is higher than the Industrials sector average.