Gorman-Rupp Company ( GRC ) will begin trading ex-dividend on May 11, 2016. A cash dividend payment of $0.105 per share is scheduled to be paid on June 10, 2016. Shareholders who purchased GRC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that GRC has paid the same dividend. At the current stock price of $27.3, the dividend yield is 1.54%.
The previous trading day's last sale of GRC was $27.3, representing a -16.26% decrease from the 52 week high of $32.60 and a 50.5% increase over the 52 week low of $18.14.
GRC is a part of the Capital Goods sector, which includes companies such as Xylem Inc. ( XYL ) and IDEX Corporation ( IEX ). GRC's current earnings per share, an indicator of a company's profitability, is $.92.