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Gorman-Rupp Co (Gorman-Rupp Co) Dividend Yield % : 2.25% (As of Apr. 25, 2024)


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What is Gorman-Rupp Co Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Gorman-Rupp Co is 2.25%.

Warning Sign:

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

The historical rank and industry rank for Gorman-Rupp Co's Dividend Yield % or its related term are showing as below:

GRC' s Dividend Yield % Range Over the Past 10 Years
Min: 0.87   Med: 1.56   Max: 2.91
Current: 2.25

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%.

GRC's Dividend Yield % is ranked better than
53.02% of 1852 companies
in the Industrial Products industry
Industry Median: 1.825 vs GRC: 2.25

Gorman-Rupp Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 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.

As of today (2024-04-25), the Forward Dividend Yield % of Gorman-Rupp Co is 2.27%.

Gorman-Rupp Co's Dividends per Share for the three months ended in Dec. 2023 was $0.18.

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.

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.

The growth rate is calculated with least square regression.

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


Gorman-Rupp Co Dividend Yield % Historical Data

The historical data trend for Gorman-Rupp Co's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Gorman-Rupp Co Dividend Yield % Chart

Gorman-Rupp Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.82 1.43 2.66 1.98

Gorman-Rupp Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.66 2.76 2.41 2.13 1.98

Competitive Comparison of Gorman-Rupp Co's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Gorman-Rupp Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gorman-Rupp Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Gorman-Rupp Co's Dividend Yield % falls into.



Gorman-Rupp Co Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.71/31.45
=2.26 %

Current Share Price is $31.45.
Gorman-Rupp Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.71.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.72/31.45
=2.29 %

Current Share Price is $31.45.
Gorman-Rupp Co's Dividends per Share for the forward twelve months is calculated as $0.18 * 4 = $0.72.

* 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  (NYSE:GRC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Gorman-Rupp Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Gorman-Rupp Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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

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