MANSFIELD, Ohio–(BUSINESS WIRE)–The Board of Administrators of The Gorman-Rupp Firm (NYSE: GRC) has declared a quarterly money dividend of $0.155 per share on the frequent inventory of the Firm, payable March 10, 2021, to shareholders of report as of February 12, 2021. It will mark the 284th consecutive quarterly dividend paid by The Gorman-Rupp Firm.
Different motion taken by the Board of Administrators of The Gorman-Rupp Firm was the announcement of the Annual Assembly of Shareholders scheduled to be held Thursday, April 22, 2021, and the associated institution of the shut of enterprise on March 1, 2021 because the report date for shareholders entitled to note of and to vote on the assembly. The assembly can be in a digital format solely by way of webcast at 10:00 a.m. Jap time.
About The Gorman-Rupp Firm
Based in 1933, The Gorman-Rupp Firm is a number one designer, producer and worldwide marketer of pumps and pump techniques to be used in numerous water, wastewater, development, dewatering, industrial, petroleum, authentic gear, agriculture, hearth safety, heating, ventilating and air-con (HVAC), navy and different liquid-handling functions.
In reference to the “protected harbor” provisions of the Personal Securities Litigation Reform Act of 1995, The Gorman-Rupp Firm supplies the next cautionary assertion: This information launch incorporates varied forward-looking statements based mostly on assumptions regarding The Gorman-Rupp Firm’s operations, future outcomes and prospects. These forward-looking statements are based mostly on present expectations about necessary financial, political, and technological elements, amongst others, and are topic to dangers and uncertainties, which may trigger the precise outcomes or occasions to vary materially from these set forth in or implied by the forward-looking statements and associated assumptions. Such elements embody, however should not restricted to: (1) continuation of the present and projected future enterprise atmosphere, together with the length and scope of the COVID-19 pandemic, the influence of the pandemic and actions taken in response to the pandemic; (2) extremely aggressive markets; (3) availability and prices of uncooked supplies; (4) lack of key personnel; (5) cyber safety threats; (6) mental property safety; (7) acquisition efficiency and integration; (8) compliance with, and prices associated to, quite a lot of import and export legal guidelines and rules; (9) environmental compliance prices and liabilities; (10) publicity to fluctuations in international forex change charges; (11) circumstances in international international locations through which The Gorman-Rupp Firm conducts enterprise; (12) adjustments in our tax charges and publicity to further earnings tax liabilities; (13) impairment within the worth of intangible property, together with goodwill; (14) outlined profit pension plan settlement expense; (15) household possession of frequent fairness; and (16) dangers described now and again in our stories filed with the Securities and Alternate Fee. Besides to the extent required by legislation, we don’t undertake and particularly decline any obligation to assessment or replace any forward-looking statements or to publicly announce the outcomes of any revisions to any of such statements to mirror future occasions or developments or in any other case.