The Gorman-Rupp Company (NYSE:GRC) is included among the 10 Best Dividend Stocks to Buy in August.
A close up of a pump system, its gears spinning as it powers up a water management system.
The Gorman-Rupp Company is an American company that focuses on the design, production, and sale of a broad selection of pumps and related equipment used across multiple industries and applications.
The Gorman-Rupp Company recently reported its earnings for the second quarter of 2025, with revenues coming in at $179 million, up 5.62% from the same period last year. The revenue also beat analysts’ estimates by $4.45 million. The company posted record net income of $15.8 million for the second quarter, equal to $0.60 per share, up from $8.3 million or $0.32 per share in the same period of 2024. It also reported a 15.7% year-over-year increase in new orders, totaling a record $188.0 million—an increase of $25.5 million from the prior year.
The Gorman-Rupp Company also demonstrated a strong cash position. Its operating cash flow for the first six months came in at $48.9 million, up from $33.4 million during the same period last year. The growth in operating cash flow during the first half of 2025 was mainly driven by higher net income and a boost in accrued expenses.
The Gorman-Rupp Company currently offers a quarterly dividend of $0.185 per share and has a dividend yield of 1.78%, as of July 28. The company has been rewarding shareholders with growing dividends for the past 52 years.
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