The board of directors of The Gorman-Rupp Co. declared a quarterly cash dividend of $0.09 per share on the common stock of the company, payable March 10, to shareholders of record Feb. 14. This marks the 256th consecutive quarterly dividend paid by The Gorman-Rupp Co. During 2013 the company achieved its 41st consecutive year of increased dividends paid to its shareholders.
The company also announced its Annual Meeting of Shareholders will be held Thursday, April 24, at 10 a.m., Eastern Daylight Time at the company’s corporate headquarters in Mansfield, Ohio. It established close of business on March 7, as the record date for shareholders entitled to notice of and to vote at the meeting.
