Gorman-Rupp Announces 6.9% Increase in Quarterly Cash Dividend

MANSFIELD, Ohio--(BUSINESS WIRE)-- #DIVIDEND--The Board of Directors of The Gorman-Rupp Company (NYSE:GRC) has declared a quarterly cash dividend of $0.155 per share on the common stock of the Company, payable December 10, 2020, to shareholders of record November 13, 2020. The cash dividend will represent a 6.9% increase over the $0.145 dividend paid in the previous quarter. This action will mark the 283rd consecutive quarterly dividend paid by The Gorman-Rupp Company and the 48th consecutive year of incre