Articles from The Gorman-Rupp Company

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.185 per share on the common shares of the Company, payable March 10, 2025, to shareholders of record February 14, 2025. This action will mark the 300th consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.185 per share on the common shares of the Company, payable December 10, 2024, to shareholders of record November 15, 2024. The cash dividend will represent a 2.8% increase over the $0.18 dividend per share paid in the previous quarter.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the third quarter ended September 30, 2024.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the second quarter ended June 30, 2024.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.18 per share on the common stock of the Company, payable September 10, 2024, to shareholders of record August 15, 2024. This will mark the 298th consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Gorman-Rupp Company (NYSEGRC) (the “Company”), a leading designer, manufacturer, and international marketer of pumps and pump systems, announced the completion of a series of transactions to refinance its debt. These transactions are expected to reduce interest expense, and will extend and stagger the Company’s debt maturities.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.18 per share on the common stock of the Company, payable June 10, 2024, to shareholders of record May 15, 2024. This will mark the 297th consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the first quarter ended March 31, 2024.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the fourth quarter and year ended December 31, 2023.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.18 per share on the common shares of the Company, payable March 8, 2024, to shareholders of record February 15, 2024. This action will mark the 296th consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.18 per share on the common shares of the Company, payable December 8, 2023, to shareholders of record November 15, 2023. The cash dividend will represent a 2.9% increase over the $0.175 dividend per share paid in the previous quarter.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the third quarter ended September 30, 2023.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.175 per share on the common stock of the Company, payable September 8, 2023, to shareholders of record August 15, 2023. This will mark the 294th consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the second quarter ended June 30, 2023.

The Gorman-Rupp Company (NYSEGRC) announced that at the Annual Meeting of the Shareholders of The Gorman-Rupp Company held April 27, 2023, Charmaine R. Riggins was elected to the Board of Directors.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.175 per share on the common stock of the Company, payable June 9, 2023, to shareholders of record May 15, 2023. This will mark the 293rd consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the first quarter ended March 31, 2023.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the fourth quarter and year ended December 31, 2022.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.175 per share on the common stock of the Company, payable March 10, 2023, to shareholders of record as of February 15, 2023. This will mark the 292nd consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.175 per share on the common shares of the Company, payable December 9, 2022, to shareholders of record November 15, 2022. The cash dividend will represent a 2.9% increase over the $0.17 dividend per share paid in the previous quarter.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the third quarter and nine months ended September 30, 2022.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.17 per share on the common stock of the Company, payable September 9, 2022, to shareholders of record August 15, 2022. This will mark the 290th consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the second quarter and six months ended June 30, 2022.

The Gorman-Rupp Company (NYSEGRC) (the “Company”), a leading designer, manufacturer, and international marketer of pumps and pump systems, announced today that it has completed its previously announced acquisition of Fill-Rite and Sotera (“Fill-Rite”), a division of the Tuthill Corporation, for $525 million. When adjusted for approximately $80 million in expected tax benefits, the net transaction value is approximately $445 million. Gorman-Rupp funded the transaction with cash-on-hand and new debt. The new debt includes a $350 million term loan and an unsecured subordinated term loan of $90 million. In addition, the Company also entered into a $100 million revolving credit facility.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.17 per share on the common stock of the Company, payable June 10, 2022, to shareholders of record May 13, 2022. This will mark the 289th consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Gorman-Rupp Company (NYSEGRC) (the “Company”), a leading designer, manufacturer, and international marketer of pumps and pump systems, today announced that it has entered into a definitive agreement to acquire the assets of Fill-Rite and Sotera (“Fill-Rite”), a division of the Tuthill Corporation, for $525 million. When adjusted for approximately $80 million in expected tax benefits, the net transaction value is approximately $445 million. Gorman-Rupp expects to fund the transaction with cash on-hand and new debt. Subject to customary closing conditions and necessary regulatory approvals, the transaction is expected to close in the second quarter of 2022.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the first quarter ended March 31, 2022.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the fourth quarter and year ended December 31, 2021.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.17 per share on the common stock of the Company, payable March 10, 2022, to shareholders of record as of February 15, 2022. This will mark the 288th consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.17 per share on the common shares of the Company, payable December 10, 2021, to shareholders of record November 15, 2021. The cash dividend will represent a 9.7% increase over the $0.155 dividend per share paid in the previous quarter. This is the 49th consecutive year of increased dividends, which positions Gorman-Rupp in the top 50 of all U.S. public companies with respect to number of years of increased dividend payments.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the third quarter and nine months ended September 30, 2021.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the second quarter and six months ended June 30, 2021.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.155 per share on the common stock of the Company, payable September 10, 2021, to shareholders of record August 13, 2021. This will mark the 286th consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Gorman-Rupp Company (NYSEGRC) announced today that at the Annual Meeting of the Shareholders of The Gorman-Rupp Company held on April 22, 2021, Scott A. King was elected to the Board of Directors.

The Board of Directors of The Gorman-Rupp Company (NYSEGRC) has declared a quarterly cash dividend of $0.155 per share on the common stock of the Company, payable June 10, 2021, to shareholders of record May 14, 2021. This will mark the 285th consecutive quarterly dividend paid by The Gorman-Rupp Company.

The Gorman-Rupp Company (NYSEGRC) reports financial results for the first quarter ended March 31, 2021.