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23.10.26 - 12:45
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Gorman-Rupp Company Announces Increase in Quarterly Cash Dividend (Business Wire)
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MANSFIELD, Ohio--(BUSINESS WIRE)--#DIVIDEND--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.20 per share on the common stock of the Company, payable December 10, 2026, to shareholders of record November 13, 2026. The cash dividend will represent a 5.3% increase over the $0.19 dividend per share paid in the previous quarter.This action will mark the 307th consecutive quarterly dividend paid by The Gorman-Rupp Company and the 54th consecutive year of increased dividends to its shareholders, which positions Gorman-Rupp in the top 50 of all U.S. public companies with respect to number of years of increased dividend payments.About The Gorman-Rupp CompanyFounded in 1933, The Gorman-Rupp Company is a leading designer, manufacturer and international marketer of pumps and pump systems for use in diverse water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire suppression, heating, ventilating and air condit...
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23.10.26 - 12:33
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Gorman-Rupp Reports Third Quarter 2026 Financial Results (Business Wire)
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MANSFIELD, Ohio--(BUSINESS WIRE)--#EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter ended September 30, 2026.
Third Quarter 2026 Highlights
Record net sales of $193.3 million increased 11.8%, or $20.4 million, compared to the third quarter of 2025
Record net income of $22.7 million, or $0.86 per share, compared to net income of $11.3 million, or $0.43 per share, for the third quarter of 2025
Adjusted earnings per share1 for the third quarter of 2026 and 2025 were $0.86 and $0.52, respectively
Record adjusted EBITDA1 of $41.8 million, which was 21.6% of sales, an increase of $9.5 million, or 29.4%, over the third quarter of 2025
Net sales for the third quarter of 2026 were $193.3 million compared to net sales of $172.8 million for the third quarter of 2025, an increase of 11.8%, or $20.4 million. Sales increased across all of our markets driven by volume growth as well as price increases taken in the first quarter of 2026. Sales increased $4.7 million in the agr...
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