Gorman-Rupp Company (The) Plans Quarterly Dividend of $0.19 (NYSE:GRC)

Gorman-Rupp Company (The) (NYSE:GRC) declared a quarterly dividend on Friday, July 24th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.19 per share by the industrial products company on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, August 14th.

Gorman-Rupp has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 52 consecutive years. Gorman-Rupp has a dividend payout ratio of 31.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Gorman-Rupp to earn $3.04 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 25.0%.

Gorman-Rupp Stock Up 2.7%

Shares of GRC opened at $81.76 on Friday. The firm has a market cap of $2.16 billion, a P/E ratio of 36.66, a PEG ratio of 2.36 and a beta of 1.28. Gorman-Rupp has a 12 month low of $39.52 and a 12 month high of $92.78. The stock’s 50 day moving average is $80.75 and its two-hundred day moving average is $69.40. The company has a current ratio of 2.93, a quick ratio of 1.76 and a debt-to-equity ratio of 0.69.

Gorman-Rupp (NYSE:GRC) last announced its earnings results on Friday, July 24th. The industrial products company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.04. The business had revenue of $186.07 million during the quarter, compared to the consensus estimate of $188.89 million. Gorman-Rupp had a return on equity of 15.08% and a net margin of 8.45%. Analysts predict that Gorman-Rupp will post 2.6 earnings per share for the current fiscal year.

Gorman-Rupp News Summary

Here are the key news stories impacting Gorman-Rupp this week:

• Positive Sentiment: Gorman-Rupp reported second-quarter 2026 earnings of $0.74 per share, topping expectations and improving from $0.60 a year ago, while record net sales rose 3.9% to $186.1 million. Gorman-Rupp Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company declared a quarterly cash dividend of $0.19 per share, extending its streak to 306 consecutive quarterly dividend payments, which reinforces its appeal as a steady income name. Gorman-Rupp Company Declares Cash Dividend
• Positive Sentiment: Zacks Research upgraded GRC from “hold” to “strong-buy,” adding another bullish signal after the earnings report. Zacks Research upgrade
• Neutral Sentiment: Gorman-Rupp announced that CFO James C. Kerr will retire later and be succeeded by current Vice President of Finance Ronald F. Stoops on October 1, 2026, suggesting a planned leadership handoff rather than an abrupt change. The Gorman-Rupp Company Announces CFO Succession Plan
• Neutral Sentiment: Some commentary noted that revenue came in slightly below forecasts, which tempers the earnings beat but has not outweighed the stronger profit and dividend news. Gorman-Rupp shares gain after earnings beat despite revenue coming in below forecasts

About Gorman-Rupp

Gorman-Rupp Company is a U.S.-based manufacturer specializing in the design, production and distribution of pumps and pumping systems. Its product lineup includes centrifugal self-priming pumps, submersible pumps, vacuum priming pumps and engineered pumps for applications such as water and wastewater management, sewage handling, dewatering, industrial processing and agricultural irrigation. The company supports both standard pump requirements and custom engineered solutions for original equipment manufacturers (OEMs) and municipal clients.

Headquartered in Mansfield, Ohio, Gorman-Rupp has built a reputation for rugged, reliable equipment and aftermarket support services.