Gorman-Rupp Dividends and Buybacks
Dividend criteria checks 5/6
Gorman-Rupp is a dividend paying company with a current yield of 1.74% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
1.7%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.4% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | €0.684 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GO4's dividends per share have been stable in the past 10 years.
Growing Dividend: GO4's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gorman-Rupp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GO4) | 1.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.5% |
| Analyst forecast (GO4) (up to 3 years) | n/a |
Notable Dividend: GO4's dividend (1.74%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: GO4's dividend (1.74%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.5%), GO4's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.6%), GO4's dividend payments are well covered by cash flows.