Gorman Rupp's most recent quarterly cash dividend of $0.175 per share was issued to shareholders on record before Aug 14, 2023. At an annualized rate of $0.7 per share, the stock yields 2.23%.
Gorman Rupp's dividend yield of 2.23% is above the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 1.58%, Gorman Rupp's dividend yield is 41% higher. The current dividend yield is higher than the historical average of 1.9% of the last 5 years.
Gorman Rupp has been paying dividends for the last 29 years. According to our data GRC has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 2.9% for the last twelve months. However since the stock price has gone up by 30% from a year ago, the dividend yield has decreased by 21%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Aug 14, 2023 | Sep 8, 2023 | Jul 28, 2023 | $0.175 | normal |
May 12, 2023 | Jun 9, 2023 | Apr 28, 2023 | $0.175 | normal |
Feb 14, 2023 | Mar 10, 2023 | Jan 27, 2023 | $0.175 | normal |
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 | $2 | special | |
Nov 14, 2018 | Dec 10, 2018 | Oct 26, 2018 | $0.135 | normal |
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's payout ratio of 84.3% is above the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 29.2%, Gorman Rupp's payout ratio is 189% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
GRC Gorman Rupp Co | 2.21% | $0.7 | 84.3% |
FLS Flowserve Corp | 2.02% | $0.8 | 44.2% |
XYL Xylem Inc | 1.43% | $1.29 | 67.9% |
GGG Graco Inc | 1.26% | $0.92 | 30.3% |
ITT ITT Inc | 1.17% | $1.13 | 22% |
FELE Franklin Electric Co Inc | 0.97% | $0.87 | 20.7% |
Yes, Gorman Rupp has paid four dividends in the last twelve months. GRC has been paying dividends since 1994.
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 November 2023.
Gorman Rupp's last regular dividend was on Aug 14, 2023 (ex-date) with the amount of $0.175 per share.
On an annual basis GRC pays $0.7 per share.
Currently Gorman Rupp's dividend yield is 2.23%.
Gorman Rupp pays four dividends per year.
Gorman Rupp's dividend payout ratio is 84.3%.
Gorman Rupp's dividend yield is higher than the Industrials sector average.