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MGRC Mcgrath Rentcorp dividend history, payout ratio & dates

Mcgrath Rentcorp's last quarterly dividend of $0.455 per share was on Apr 13, 2022 (ex-date). The annualized dividend payment of $1.76 per share represents a current dividend yield of 2.19%. The latest MGRC payout of $0.455 marks a dividend growth of 4.6%.

Key dates

  • MGRC last dividend date: Apr 13, 2022
  • MGRC next dividend date: Not announced
MGRC dividend stats
DPS
$1.76
Dividend yield
2.16%
Payout ratio
46.9%
vs. Industrials sector
Dividend yield
1.96%
Payout ratio
31.9%

Dividend yield

What is Mcgrath Rentcorp current dividend yield

Mcgrath Rentcorp's dividend yield of 2.19% is higher than the Industrials sector average but lower than the industry average.

Dividend history

What is MGRC dividend payout history and dates

Mcgrath Rentcorp has a history of paying dividends since 1994. Our records of MGRC show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 3.8% for the last twelve months. And with the stock price down by 6% from a year ago, the dividend yield has increased by 11%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Feb 23, 2022 Apr 13, 2022 Apr 29, 2022 $0.455 normal
Dec 9, 2021 Jan 13, 2022 Jan 31, 2022 $0.435 normal
Sep 16, 2021 Oct 14, 2021 Oct 29, 2021 $0.435 normal
Jun 9, 2021 Jul 15, 2021 Jul 30, 2021 $0.435 normal
Feb 23, 2021 Apr 14, 2021 Apr 30, 2021 $0.435 normal
Dec 10, 2020 Jan 14, 2021 Jan 29, 2021 $0.42 normal
Sep 18, 2020 Oct 15, 2020 Oct 30, 2020 $0.42 normal
Jun 3, 2020 Jul 16, 2020 Jul 31, 2020 $0.42 normal
Feb 25, 2020 Apr 14, 2020 Apr 30, 2020 $0.42 normal
Dec 4, 2019 Jan 16, 2020 Jan 31, 2020 $0.375 normal
Sep 19, 2019 Oct 16, 2019 Oct 31, 2019 $0.375 normal
Jun 5, 2019 Jul 16, 2019 Jul 31, 2019 $0.375 normal
Feb 26, 2019 Apr 12, 2019 Apr 30, 2019 $0.375 normal
Dec 5, 2018 Jan 16, 2019 Jan 31, 2019 $0.34 normal
Sep 20, 2018 Oct 16, 2018 Oct 31, 2018 $0.34 normal
Jun 6, 2018 Jul 16, 2018 Jul 31, 2018 $0.34 normal
Feb 27, 2018 Apr 13, 2018 Apr 30, 2018 $0.34 normal
Dec 6, 2017 Jan 16, 2018 Jan 31, 2018 $0.26 normal
Sep 20, 2017 Oct 16, 2017 Oct 31, 2017 $0.26 normal
Jun 7, 2017 Jul 13, 2017 Jul 31, 2017 $0.26 normal
Feb 23, 2017 Apr 11, 2017 Apr 28, 2017 $0.26 normal
Dec 7, 2016 Jan 12, 2017 Jan 31, 2017 $0.255 normal
Sep 21, 2016 Oct 13, 2016 Oct 31, 2016 $0.255 normal
Jun 8, 2016 Jul 13, 2016 Jul 29, 2016 $0.255 normal

Dividend payout ratio

What is Mcgrath Rentcorp dividend payout ratio compared to the sector

Payout ratio

Mcgrath Rentcorp's payout ratio of 46.9% is above the Industrials sector and the industry average.

Total amount of dividends paid per financial year (from cash flow)