Mcgrath Rentcorp (MGRC) Dividend Yield, History & Safety Analysis
Mcgrath Rentcorp (MGRC) pays a modest 1.81% dividend yield, or $1.95 per share annually at a stock price of $105.49. The payout ratio of 31% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 3.2x. Dividend growth is slowing — the 3-year CAGR of 1.8% trails the 5-year rate of 2.4% and the 10-year rate of 6.8%. The most recent ex-dividend date was April 16, 2026.
- Dividend Yield
- 1.81%
- Annual Dividend
- $1.95
- Payout Ratio
- 30.8%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-04-16
- Sector
- Industrials
- Earnings Per Share
- $6.30
Frequently Asked Questions
What is MGRC's current dividend yield?
Mcgrath Rentcorp (MGRC) has a dividend yield of 1.81%, paying $1.95 per share annually.
How often does MGRC pay dividends?
Mcgrath Rentcorp typically pays dividends on a quarterly basis. The annual dividend totals $1.95 per share.
Is MGRC's dividend safe?
Mcgrath Rentcorp's dividend safety is rated "Safe." The payout ratio of 31% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 3.2x.
When is MGRC's next ex-dividend date?
The most recent ex-dividend date for Mcgrath Rentcorp was April 16, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is MGRC's dividend growth rate?
Mcgrath Rentcorp has a 5-year dividend compound annual growth rate (CAGR) of 2.4%. The 10-year CAGR is 6.8%.
What is MGRC's payout ratio?
Mcgrath Rentcorp has a payout ratio of 31%, meaning it distributes 31% of its earnings as dividends. This leaves significant room for dividend growth.
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