Looking at the universe of stocks we cover at Dividend Channel, on 5/13/13, Gorman-Rupp Co. (GRC) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 6/10/13. As a percentage of GRC's recent stock price of $29.54, this dividend works out to approximately 0.34%.
Below is a dividend history chart for GRC, showing historical dividends prior to the most recent $0.10 declared by Gorman-Rupp Co.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GRC is likely to continue, and whether the current estimated yield of 1.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GRC shares, versus its 200 day moving average:Looking at the chart above, GRC's low point in its 52 week range is $25.51 per share, with $31.55 as the 52 week high point — that compares with a last trade of $29.54.
In Thursday trading, Gorman-Rupp Co. shares are currently down about 0.3% on the day.