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Gorman-Rupp Co (Gorman-Rupp Co) 3-Year Dividend Growth Rate

: 6.10% (As of Dec. 2023)
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Gorman-Rupp Co's Dividends per Share for the three months ended in Dec. 2023 was $0.18.

The historical rank and industry rank for Gorman-Rupp Co's 3-Year Dividend Growth Rate or its related term are showing as below:

GRC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -0.3   Med: 4.5   Max: 11.2
Current: 6.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gorman-Rupp Co was 11.20% per year. The lowest was -0.30% per year. And the median was 4.50% per year.

GRC's 3-Year Dividend Growth Rate is ranked worse than
62.68% of 1096 companies
in the Industrial Products industry
Industry Median: 11.15 vs GRC: 6.10

During the past 12 months, Gorman-Rupp Co's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Gorman-Rupp Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.53. As of today, Gorman-Rupp Co's Dividend Yield % is 1.98%.

Warning Sign:

Gorman-Rupp Co stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Specialty Industrial Machinery subindustry, Gorman-Rupp Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gorman-Rupp Co 3-Year Dividend Growth Rate Distribution

For the Industrial Products industry and Industrials sector, Gorman-Rupp Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Gorman-Rupp Co's 3-Year Dividend Growth Rate falls into.



Gorman-Rupp Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Gorman-Rupp Co  (NYSE:GRC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Gorman-Rupp Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.18/ 0.34
=0.53

During the past 13 years, the highest Dividend Payout Ratio of Gorman-Rupp Co was 1.59. The lowest was 0.27. And the median was 0.43.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Gorman-Rupp Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1802024-02-142024-02-152024-03-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-11-142023-11-152023-12-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.1752023-08-142023-08-152023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.1752023-05-122023-05-152023-06-09Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Gorman-Rupp Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.71/36.02
=1.97 %

Current Share Price is $36.02.
Gorman-Rupp Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.71.

During the past 13 years, the highest Dividend Yield of Gorman-Rupp Co was 2.91%. The lowest was 0.87%. And the median was 1.56%.

Warning Sign:

Gorman-Rupp Co stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gorman-Rupp Co 3-Year Dividend Growth Rate Related Terms>


Gorman-Rupp Co (Gorman-Rupp Co) Business Description

Traded in Other Exchanges
Address
600 South Airport Road, Mansfield, OH, USA, 44903
Gorman-Rupp Co designs, manufactures and globally sells pumps & pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating & air conditioning, military, and other liquid-handling applications. It operates in one business segment, the manufacture & sale of pumps and pump systems, and generates revenue from the same. Geographically, it generates the majority of revenue from the United States.
Executives
Charmaine R Riggins director 6524 RESERVE PINE DRIVE, CARY NC 27519
Kenneth R Reynolds director 1424 GREENBRIER DRIVE, MT VERNON OH 43050
Scott A King officer: Vice President 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
M Ann Harlan director
Jeffrey S Gorman director, officer: President & CEO C/O GORMAN RUPP CO, POST OFFICE BOX 1218, MANSFIELD OH 44901
Christopher H Lake director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901
D Patrick Wischmeier officer: VP, Information Technology 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Angela M Morehead officer: Treasurer and Asst. Secretary 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Vincent K Petrella director
Donald H Bullock director
Sonja K Mcclelland director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald D Pittenger officer: Assistant Treasurer THE GORMAN-RUPP COMPANY, 305 BOWMAN STREET, MANSFIELD OH 44903
Barbara A Woodman officer: VP, Human Resources 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
James Kerr officer: Chief Financial Officer 5555 DARROW ROAD, HUDSON OH 44236
W Wayne Walston director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901

Gorman-Rupp Co (Gorman-Rupp Co) Headlines

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