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Stock impact report

The Gorman-Rupp Company (NYSE:GRC) Pays A US$0.185 Dividend In Just Four Days [Yahoo! Finance]

Gorman-Rupp Company (The) (GRC) 
NASDAQ:AMEX Investor Relations: gormanrupp.com/investor
Company Research Source: Yahoo! Finance
Gorman-Rupp Company NYSE:GRC ) is about to go ex-dividend in just four days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Meaning, you will need to purchase Gorman-Rupp's shares before the 15th of November to receive the dividend, which will be paid on the 10th of December. The company's next dividend payment will be US$0.185 per share, and in the last 12 months, the company paid a total of US$0.74 per share. Looking at the last 12 months of distributions, Gorman-Rupp has a trailing yield of approximately 1.8% on its current stock price of US$42.16. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to se Show less Read more
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