The board of directors of The Gorman-Rupp Co. last week declared a quarterly cash dividend of $0.09 per share on the common stock of the company, payable March 9, to shareholders of record Feb. 15. This marks the 248th consecutive dividend paid by The Gorman-Rupp Co. During 2011 the company achieved its 39th consecutive year of increased dividends paid to its shareholders.
The board also announced that the annual meeting of shareholders will be held Thursday, April 26, and established the close of business on March 9, as the record date for shareholders entitled to notice of and to vote at the meeting. The meeting will be held at 10 a.m. ET at the company’s corporate headquarters in Mansfield, Ohio.
