Gorman-Rupp Announces 5-for-4 Stock Split and Increases Cash Dividend by 7.1%

The Gorman-Rupp Company GRC Board of Directors declared a five-for-four split of the Company's Common Shares in the form of a distribution of one additional Common Share for each four Common Shares previously issued. The distribution will be made on June 10, 2011 to shareholders of record at the close of business on May 13, 2011. In an additional action, the Board of Directors of the Company declared a quarterly cash dividend of $0.09 per share on the common stock of the Company, payable June 10, 2011, to shareholders of record May 13, 2011. The cash dividend is payable on post-split shares and represents a 7.1% increase over the equivalent post-split dividend paid during the previous quarter. This marks the 245th consecutive dividend paid by The Gorman-Rupp Company.