Gorman-Rupp Declares Cash Dividend

July 25, 2008 (FinancialWire) The board of directors of The Gorman-Rupp Company (AMEX: GRC) (Current Market Cap. US$686.16 Mil.) declared a quarterly cash dividend of $0.10 per share on the common stock of the company, payable September 10, 2008, to shareholders of record August 15, 2008. This marks the 234th consecutive dividend paid by The Gorman-Rupp Company. Other companies trading in Gorman-Rupp s industry include Illinois Tool Works Inc. (NYSE: ITW), Cummins Inc. (NYSE: CMI), and ITT Corp. (NYSE: The Gorman-Rupp Company engages in the design, manufacture, and sale of pumps and related fluid control equipment. The company was founded in 1933 and is based in Mansfield, Ohio. FinancialWire is a fully independent, proprietary news wire service of Investrend Information (a division of Investrend Communications, Inc.).... [read full story]