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Employees of Gorman-Rupp received a $1,000 cash bonus and shareholders received a special dividend of $2 per share after the Mansfield company reported a record full-year earnings in 2018.

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The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.125 per share on the common stock of the company, payable Sept. 10, 2018, to shareholders of record Aug. 15, 2018. This will mark the 274th consecutive quarterly dividend paid by The Gorman-Rupp Company.