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NASDAQ: MGRC
Mcgrath Rentcorp Stock Dividend Yield & Dates

MGRC dividend stability and growth

Last Dividend per share
$0.4750
Forward Dividend yield
1.68%
MGRC's dividend has not dropped... subscribe to Premium to read more.
Dividend Stability Dividend
MGRC dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

MGRC dividend yield vs industry/market

Company
1.75%
Industry
2.68%
MGRC dividends (1.75%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
MGRC dividends (1.75%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

MGRC dividend payout ratio

Mcgrath Rentcorp paid out 36.4% of its earnings over the trailing twelve months.
Retained earnings
63.6%
Payout ratio
36.4%
MGRC earnings ($125.81M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

MGRC vs Rental & Leasing Service Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
MGRC1.75%Yes0+36.40%
VSTSN/AN/AN/A
CAR10.55%Yes0+23.50%
HEES2.46%Yes0+23.50%
PRGN/A00.00%

MGRC dividend dates

Last dividend payment date
Apr 30, 2024
Last ex-dividend date
Apr 15, 2024

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Mcgrath Rentcorp Dividends FAQ

Does Mcgrath Rentcorp pay a dividend?

Yes, MGRC has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Mcgrath Rentcorp stock.

What is Mcgrath Rentcorp's Dividend Payment Date?

Mcgrath Rentcorp's last dividend payment date was on 2024-04-30, when Mcgrath Rentcorp shareholders who owned MGRC shares before 2024-04-15 received a dividend payment of $0.4750 per share. Mcgrath Rentcorp's next dividend payment date has not been announced yet. Add MGRC to your watchlist to be reminded of MGRC's next dividend payment.

Is Mcgrath Rentcorp's dividend stable?

Yes, MGRC's dividend has been stable for the last 10 years.

Does Mcgrath Rentcorp have sufficient earnings to cover their dividend?

Yes, MGRC's past year earnings per share was $5.14, and their annual dividend per share is $1.87. MGRC's dividend payout ratio is 36.4%, which is sustainable.

How much is Mcgrath Rentcorp's dividend?

MGRC pays a dividend of $1.87 per share. MGRC's annual dividend yield is 1.75%. Mcgrath Rentcorp's dividend is lower than the US industry average of 2.68%, and it is lower than the US market average of 4.22%.

What is Mcgrath Rentcorp's Ex-Dividend Date?

Mcgrath Rentcorp's previous ex-dividend date was on 2024-04-15. Mcgrath Rentcorp shareholders who own MGRC stock before this date received Mcgrath Rentcorp's last dividend payment of $0.4750 per share on 2024-04-30. Mcgrath Rentcorp's next ex-dividend date has not been announced yet. Add MGRC to your watchlist to be reminded before MGRC's ex-dividend date.

Is Mcgrath Rentcorp's dividend showing long-term growth?

Yes, MGRC's' dividend has been growing over the last 10 years.
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