GRC Gorman Rupp dividend history, payout ratio & dates
Gorman Rupp's most recent cash dividend of $0.18 per share was issued to shareholders on record before Aug 15, 2024. At an annualized rate of $0.72 per share, the stock yields 1.9%.
Key dates
- GRC last dividend date: Aug 15, 2024
GRC dividend stats
vs. Industrials sector
Dividend yield
Gorman Rupp's dividend yield of 1.9% is above the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 1.38%, Gorman Rupp's dividend yield is 38% higher. The current dividend yield is lower than the historical average of 2.0% of the last 5 years.
Dividend history
Gorman Rupp has been paying dividends for the last 30 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 23% from a year ago, the dividend yield has decreased by 16%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 15, 2024 | $0.18 | 1.87% |
| May 14, 2024 | $0.18 | 2.18% |
| Feb 14, 2024 | $0.18 | 1.94% |
| Nov 14, 2023 | $0.18 | 2.21% |
| Aug 14, 2023 | $0.175 | 2.19% |
| May 12, 2023 | $0.175 | 2.83% |
| Feb 14, 2023 | $0.175 | 2.5% |
| Nov 14, 2022 | $0.175 | 2.46% |
| Aug 12, 2022 | $0.17 | 2.45% |
| May 12, 2022 | $0.17 | 2.2% |
| Feb 14, 2022 | $0.17 | 1.75% |
| Nov 12, 2021 | $0.17 | 1.38% |
| Aug 12, 2021 | $0.155 | 1.77% |
| May 13, 2021 | $0.155 | 1.73% |
| Feb 11, 2021 | $0.155 | 1.89% |
| Nov 12, 2020 | $0.155 | 1.76% |
| Aug 13, 2020 | $0.145 | 1.71% |
| May 14, 2020 | $0.145 | 2.13% |
| Feb 13, 2020 | $0.145 | 1.55% |
| Nov 14, 2019 | $0.145 | 1.52% |
| Aug 14, 2019 | $0.135 | 1.8% |
| May 14, 2019 | $0.135 | 1.64% |
| Feb 14, 2019 | $0.135 | 1.57% |
| Nov 14, 2018 | $0.135 | 1.52% |
| Aug 14, 2018 | $0.125 | 1.36% |
| May 14, 2018 | $0.125 | 1.49% |
| Feb 14, 2018 | $0.125 | 1.77% |
| Nov 14, 2017 | $0.125 | 1.51% |
| Aug 11, 2017 | $0.115 | 1.63% |
| May 11, 2017 | $0.115 | 1.71% |
| Feb 13, 2017 | $0.115 | 1.45% |
| Nov 10, 2016 | $0.115 | 1.51% |
| Aug 11, 2016 | $0.105 | 1.56% |
| May 11, 2016 | $0.105 | 1.48% |
| Feb 10, 2016 | $0.105 | 1.73% |
| Nov 10, 2015 | $0.105 | 1.44% |
| Aug 12, 2015 | $0.1 | 1.65% |
| May 13, 2015 | $0.1 | 1.44% |
| Feb 11, 2015 | $0.1 | 1.33% |
Gorman Rupp dividend payout ratio
Payout ratio
Gorman Rupp's payout ratio of 49.3% is above the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 30.7%, Gorman Rupp's payout ratio is 61% higher.
Total amount of dividends paid per financial year (from cash flow)
GRC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GRC Gorman Rupp Co | 1.85% | $0.72 | 49.3% |
| FLS Flowserve Corp | 1.54% | $0.83 | 40.7% |
| IEX Idex Corp | 1.26% | $2.71 | 35.4% |
| GGG Graco Inc | 1.25% | $1.02 | 35.2% |
| XYL Xylem Inc | 1.08% | $1.41 | 43.7% |
| FELE Franklin Electric Co Inc | 1% | $0.98 | 24% |
| ITT ITT Inc | 0.86% | $1.25 | 21.2% |
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 was GRC's last dividend?
Gorman Rupp's last regular dividend was on Aug 15, 2024 (ex-date) with the amount of $0.18 per share.
How much dividend does Gorman Rupp pay (per share)?
On an annual basis GRC pays $0.72 per share.
What is Gorman Rupp's dividend yield?
Currently Gorman Rupp's dividend yield is 1.9%.
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 49.3%.
Does Gorman Rupp pay a good dividend?
Gorman Rupp's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.