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Gorman-Rupp Company Announces Cash Dividend Increase

Oct 27, 2017 06:50 am

MANSFIELD, Ohio --

The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.125 per share on the common stock of the Company, payable December 8, 2017, to shareholders of record November 15, 2017. The cash dividend will represent an 8.7% increase over the dividend paid in the previous quarter. This will mark the 271^st consecutive quarterly dividend paid by The Gorman-Rupp Company and the 45^th consecutive year of increased dividends paid to its shareholders.

About The Gorman-Rupp Company

Founded in 1933, The Gorman-Rupp Company is a leading designer, manufacturer and international marketer of pumps and pump systems for use in diverse water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating and air conditioning (HVAC), military and other liquid-handling applications.

Brigette A. Burnell
Corporate Secretary
The Gorman-Rupp Company
Telephone (419) 755-1246
NYSE: GRC

For additional information, contact James C. Kerr, Chief Financial Officer, Telephone (419) 755-1548.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171027005050/en/

Gorman-Rupp Company
James C. Kerr, Chief Financial Officer, 419-755-1548

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