Cash Dividend On The Way From Gorman-Rupp (GRC)

Looking at the universe of stocks we cover at Dividend Channel, on 11/10/16, Gorman-Rupp Co. (GRC) will trade ex-dividend, for its quarterly dividend of $0.115, payable on 12/9/16. As a percentage of GRC's recent stock price of $23.41, this dividend works out to approximately 0.49%.

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Below is a dividend history chart for GRC, showing historical dividends prior to the most recent $0.115 declared by Gorman-Rupp Co.:

GRC+Dividend+History+Chart

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 1.96% 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:

Gorman-Rupp Co. 200 Day Moving Average Chart

Looking at the chart above, GRC's low point in its 52 week range is $21.09 per share, with $32.60 as the 52 week high point — that compares with a last trade of $23.41.

According to the ETF Finder at ETF Channel, GRC makes up 1.58% of the First Trust ISE Water Index Fund ETF ( FIW) which is trading higher by about 1.9% on the day Tuesday.

In Tuesday trading, Gorman-Rupp Co. shares are currently trading flat on the day.

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