Mcgrath Rentcorp's last dividend of $0.475 per share was on Oct 17, 2024 (ex-date). The annualized dividend payment of $1.89 per share represents a current dividend yield of 1.55%.
Mcgrath Rentcorp's dividend yield of 1.55% is higher than the Industrials sector average. In comparison with the Industrials sector average of 1.37%, Mcgrath Rentcorp's dividend yield is 13% higher. The historical 5-year average of MGRC's dividend yield is 2.1%, which is higher than the current one.
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 2.2% for the last twelve months. But with the stock price up by 20% from a year ago, the dividend yield has decreased by 15%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Oct 17, 2024 | $0.475 | 1.75% |
Jul 17, 2024 | $0.475 | 1.69% |
Apr 15, 2024 | $0.475 | 1.65% |
Jan 16, 2024 | $0.465 | 1.7% |
Oct 16, 2023 | $0.465 | 1.8% |
Jul 14, 2023 | $0.465 | 1.99% |
Apr 13, 2023 | $0.465 | 2.03% |
Jan 13, 2023 | $0.455 | 1.81% |
Oct 14, 2022 | $0.455 | 2.15% |
Jul 14, 2022 | $0.455 | 2.36% |
Apr 13, 2022 | $0.455 | 2.09% |
Jan 13, 2022 | $0.435 | 2.22% |
Oct 14, 2021 | $0.435 | 2.26% |
Jul 15, 2021 | $0.435 | 2.2% |
Apr 14, 2021 | $0.435 | 2.09% |
Jan 14, 2021 | $0.42 | 2.31% |
Oct 15, 2020 | $0.42 | 2.51% |
Jul 16, 2020 | $0.42 | 2.92% |
Apr 14, 2020 | $0.42 | 2.89% |
Jan 16, 2020 | $0.375 | 1.91% |
Oct 16, 2019 | $0.375 | 2.2% |
Jul 16, 2019 | $0.375 | 2.2% |
Apr 12, 2019 | $0.375 | 2.4% |
Jan 16, 2019 | $0.34 | 2.69% |
Oct 16, 2018 | $0.34 | 2.52% |
Jul 16, 2018 | $0.34 | 1.94% |
Apr 13, 2018 | $0.34 | 2.05% |
Jan 16, 2018 | $0.26 | 2.11% |
Oct 16, 2017 | $0.26 | 2.28% |
Jul 13, 2017 | $0.26 | 3.03% |
Apr 11, 2017 | $0.26 | 3.03% |
Jan 12, 2017 | $0.255 | 2.64% |
Oct 13, 2016 | $0.255 | 3.24% |
Jul 13, 2016 | $0.255 | 3.1% |
Apr 13, 2016 | $0.225 | 4.11% |
Jan 13, 2016 | $0.25 | 4.38% |
Oct 14, 2015 | $0.25 | 3.65% |
Jul 15, 2015 | $0.25 | 3.45% |
Apr 14, 2015 | $0.25 | 2.84% |
Jan 14, 2015 | $0.245 | 2.99% |
Mcgrath Rentcorp's payout ratio of 20.6% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 33.1%, Mcgrath Rentcorp's payout ratio is 38% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
HEES H&E Equipment Services Inc | 1.85% | $1.1 | 27.6% |
MGRC Mcgrath Rentcorp | 1.56% | $1.89 | 20.6% |
URI United Rentals Inc | 0.75% | $6.52 | 17% |
Yes, Mcgrath Rentcorp has paid four dividends in the last twelve months. MGRC has been paying dividends since 1994.
Mcgrath Rentcorp's last regular dividend was on Oct 17, 2024 (ex-date) with the amount of $0.475 per share.
MGRC has paid dividend of $1.89 per share in the last year.
The current dividend yield of Mcgrath Rentcorp is 1.55%.
Mcgrath Rentcorp has a quarterly dividend frequency.
The dividend payout ratio of Mcgrath Rentcorp is 20.6%.
Mcgrath Rentcorp's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.