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Gorman-Rupp Co (Gorman-Rupp Co) 5-Year Dividend Growth Rate : 7.00% (As of Mar. 2024)


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What is Gorman-Rupp Co 5-Year Dividend Growth Rate?

Gorman-Rupp Co's Dividends per Share for the three months ended in Mar. 2024 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. 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.

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.

Gorman-Rupp Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.60. As of today, Gorman-Rupp Co's Dividend Yield % is 2.13%.

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


Competitive Comparison of Gorman-Rupp Co's 5-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Gorman-Rupp Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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's 5-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gorman-Rupp Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Gorman-Rupp Co's 5-Year Dividend Growth Rate falls into.



Gorman-Rupp Co 5-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 least square regression.

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) 5-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 Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.18/ 0.3
=0.60

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
=0.71/33.38
=2.13 %

Current Share Price is $33.38.
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%.

* 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 5-Year Dividend Growth Rate Related Terms

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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