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The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The company's products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps. Its products are used in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, military, and other liquid-handling applications, as well as in heating, ventilating, and air conditioning applications. The company markets its products through a network of distributors, manufacturers' representatives, third-party distributor catalogs, direct sales, and commerce. The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.

Gorman-Rupp Dividend Announcement

Gorman-Rupp announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-08-15
Gorman-Rupp annual dividend for 2024 was $0.54
Gorman-Rupp annual dividend for 2023 was $0.71
Gorman-Rupp's trailing twelve-month (TTM) dividend yield is 1.87%
Gorman-Rupp's payout ratio for the trailing twelve months (TTM) is 54.82%
Gorman-Rupp's dividend growth over the last five years (2018-2023) was -22.43% year
Gorman-Rupp's dividend growth over the last ten years (2013-2023) was 5.51% year

Gorman-Rupp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-15$0.18quarterly2024-09-10
2024-05-14$0.18quarterly2024-06-10
2024-02-14$0.18quarterly2024-03-08
2023-11-14$0.18quarterly2023-12-08
2023-08-14$0.17quarterly2023-09-08
2023-05-12$0.17quarterly2023-06-09
2023-02-14$0.17quarterly2023-03-10
2022-11-14$0.17quarterly2022-12-09
2022-08-12$0.17quarterly2022-09-09
2022-05-12$0.17quarterly2022-06-10
2022-02-14$0.17quarterly2022-03-10
2021-11-12$0.17quarterly2021-12-10
2021-08-12$0.15quarterly2021-09-10
2021-05-13$0.15quarterly2021-06-10
2021-02-11$0.15quarterly2021-03-10
2020-11-12$0.15quarterly2020-12-10
2020-08-13$0.14quarterly2020-09-10
2020-05-14$0.14quarterly2020-06-10
2020-02-13$0.14quarterly2020-03-10
2019-11-14$0.14quarterly2019-12-10
2019-08-14$0.14quarterly2019-09-10
2019-05-14$0.14quarterly2019-06-10
2019-02-14$0.14quarterly2019-03-08
2018-11-14$2.13quarterly2018-12-10
2018-08-14$0.12quarterly2018-09-10
2018-05-14$0.12quarterly2018-06-08
2018-02-14$0.12quarterly2018-03-09
2017-11-14$0.12quarterly2017-12-08
2017-08-11$0.12quarterly2017-09-08
2017-05-11$0.12quarterly2017-06-09
2017-02-13$0.12quarterly2017-03-10
2016-11-10$0.12quarterly2016-12-09
2016-08-11$0.10quarterly2016-09-09
2016-05-11$0.10quarterly2016-06-10
2016-02-10$0.10quarterly2016-03-10
2015-11-10$0.10quarterly2015-12-10
2015-08-12$0.10quarterly2015-09-10
2015-05-13$0.10quarterly2015-06-10
2015-02-11$0.10quarterly2015-03-10
2014-11-12$0.10quarterly2014-12-10
2014-08-13$0.09quarterly2014-09-10
2014-05-13$0.09quarterly2014-06-10
2014-02-12$0.09quarterly2014-03-10
2013-11-13$0.11quarterly2013-12-10
2013-08-13$0.10quarterly2013-09-10
2013-05-13$0.10quarterly2013-06-10
2013-02-13$0.10quarterly2013-03-08

Gorman-Rupp Dividend per year

Gorman-Rupp Dividend growth

Gorman-Rupp Dividend Yield

Gorman-Rupp current trailing twelve-month (TTM) dividend yield is 1.87%. Interested in purchasing Gorman-Rupp stock? Use our calculator to estimate your expected dividend yield:

Gorman-Rupp Financial Ratios

P/E ratio29.46
PEG ratio-2.50
P/B ratio2.81
ROE9.70%
Payout ratio54.82%
Current ratio2.45
Quick ratio1.44
Cash Ratio0.34

Gorman-Rupp Dividend FAQ

How much is the next Gorman-Rupp dividend?
Gorman-Rupp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gorman-Rupp dividend. The next Gorman-Rupp dividend will be released in February, May, August, or November.
When is Gorman-Rupp dividend paid?
Gorman-Rupp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Gorman-Rupp pay?
The specific amount of Gorman-Rupp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gorman-Rupp's dividend history.
Does Gorman-Rupp stock pay dividends?
Yes, Gorman-Rupp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gorman-Rupp's dividend history.
How much dividend does Gorman-Rupp pay?
Gorman-Rupp paid $0.54 in 2024, $0.705 in 2023, $0.685 in 2022, $0.635 in 2021, and $0.59 in 2020.
How often does Gorman-Rupp pay dividends?
Gorman-Rupp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Gorman-Rupp's dividend yield?
The current dividend yield for Gorman-Rupp is 1.87%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Gorman-Rupp's exact dividend yield.
When does Gorman-Rupp go ex dividend?
Gorman-Rupp's ex-dividend date for the latest dividend was on 2024-08-15. Gorman-Rupp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Gorman-Rupp dividend paid?
Gorman-Rupp pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Gorman-Rupp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Gorman-Rupp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Gorman-Rupp dividend per share?
Gorman-Rupp paid $0.54 per share in 2024 and $0.705 per share in 2023. The amount of dividend per share that Gorman-Rupp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Gorman-Rupp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Gorman-Rupp a dividend king?
Yes, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Gorman-Rupp a dividend stock?
Yes, Gorman-Rupp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gorman-Rupp a good dividend stock?
Whether Gorman-Rupp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gorman-Rupp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Gorman-Rupp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Gorman-Rupp pay dividends monthly?
Gorman-Rupp typically pays dividends on a quarterly basis.
Does Gorman-Rupp pay dividends quarterly?
Gorman-Rupp currently pays dividends on a quarterly basis.
Has Gorman-Rupp ever paid a dividend?
Yes, Gorman-Rupp has a history of paying dividends to its shareholders. Gorman-Rupp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gorman-Rupp dividend stocks?
To buy Gorman-Rupp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Gorman-Rupp stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Gorman-Rupp pay dividends 2024?
Gorman-Rupp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Gorman-Rupp increase its dividend in 2024?
Decisions regarding Gorman-Rupp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Gorman-Rupp dividend overview you can look into the above table of dividend history.
How Gorman-Rupp dividend works?
The Gorman-Rupp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Gorman-Rupp's dividend process works:

1. Determination of Dividend: Gorman-Rupp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Gorman-Rupp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Gorman-Rupp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Gorman-Rupp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Gorman-Rupp dividends paid?
Gorman-Rupp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Gorman-Rupp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Gorman-Rupp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Gorman-Rupp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Gorman-Rupp pay dividends?
Gorman-Rupp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Gorman-Rupp pay dividends?
The general pattern is that Gorman-Rupp pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Gorman-Rupp dividend safe?
The safety of Gorman-Rupp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Gorman-Rupp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Gorman-Rupp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.