Gorman-Rupp raises quarterly cash dividend to $0.20 per share
Pump maker Gorman-Rupp declared a quarterly dividend of $0.20 per share, up 5.3% from $0.19. Payment is due December 10, 2026.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
The Board of Directors of Gorman-Rupp Company approved a quarterly cash dividend of $0.20 per common share, according to a press release published via BusinessWire and carried by TradingView. The payment is scheduled for December 10, 2026, for shareholders of record on November 13, 2026.
The dividend is 5.3% higher than the $0.19 paid in the previous quarter. The company says this is its 307th consecutive quarterly payment and the 54th consecutive year of dividend increases.
Gorman-Rupp designs and makes pumps and pump systems used in water, wastewater, construction, industrial, petroleum, HVAC and other applications.
why it matters
A dividend increase of a few cents is unlikely to move the market for a company of this size, but it signals steady payouts to income-focused investors. The streak of annual increases is among the longest of any U.S.-listed public company.
tags
instruments
sources
- Gorman-Rupp Company Announces Increase in Quarterly Cash Dividend — TradingView, 23 October 2026 at 10:40 UTC
- Gorman-Rupp Company Announces Increase In Quarterly Cash Dividend — Reuters, 23 October 2026 at 11:01 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗