The board of directors of The Gorman-Rupp Co. declared a quarterly cash dividend of $0.10 per share on the common stock of the company, payable March 8, to shareholders of record Feb. 15. This marks the 252nd consecutive quarterly dividend paid by The Gorman-Rupp Co. During 2012 the company achieved its 40th consecutive year of increased dividends paid to its shareholders.
The company also scheduled its annual meeting of shareholders for Thursday, April 25, and established the close of business on March 8, 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. Eastern time at the company’s corporate headquarters in Mansfield, Ohio.
