McGrath Rentcorp
MGRC

McGrath Rentcorp (MGRC) dividend history and yield

Dividend summary

Frequency
Quarterly
Trailing 12 months
$1.96
Forward yield
1.71%
Payout ratio
29.2%
Growth streak
5 years

McGrath RentCorp pays a quarterly dividend. Its next payment, $0.50 per share, has been declared with an ex-date of October 16, 2026 and a pay date of October 30, 2026. The most recent paid one, also $0.50, went ex-dividend on July 17, 2026 and was paid on July 31. Over the trailing twelve months, it paid $1.96 per share, a yield of about 1.66% at a share price of $118.29.

The record shows a steady annual rhythm. McGrath RentCorp has raised its dividend once a year, each time with the payment that goes ex-dividend in April. The rate went from $0.44 to $0.46 in 2022, then to $0.47 in 2023, $0.48 in 2024, $0.49 in 2025 and $0.50 in 2026. The first raise was two cents, about 4.5%, and each one since has been one cent, or about 2%. Since early 2022, the quarterly rate has grown about 14%. The source gives a growth streak of five consecutive calendar years.

If the pattern holds, the payment after the declared one would go ex-dividend in mid-January 2027 and be paid at the end of January. Past raises have come with the April payment, not the January one.

Dividend per share by year

2026
$1.97
2025
$1.93
2024
$1.89
2023
$1.85
2022
$1.80
2021
$1.73
2020
$1.64

Dividend history

DeclaredEx-dividend datePay dateAmount
Sep 18, 2026Oct 16, 2026Oct 30, 2026$0.50
Jun 3, 2026Jul 17, 2026Jul 31, 2026$0.50
Feb 25, 2026Apr 16, 2026Apr 30, 2026$0.50
Dec 12, 2025Jan 16, 2026Jan 30, 2026$0.49
Sep 19, 2025Oct 17, 2025Oct 31, 2025$0.49
Jun 4, 2025Jul 17, 2025Jul 31, 2025$0.49
Feb 19, 2025Apr 16, 2025Apr 30, 2025$0.49
Dec 12, 2024Jan 17, 2025Jan 31, 2025$0.48
Sep 9, 2024Oct 17, 2024Oct 31, 2024$0.48
Jun 5, 2024Jul 17, 2024Jul 31, 2024$0.48
Feb 21, 2024Apr 15, 2024Apr 30, 2024$0.48
Dec 7, 2023Jan 16, 2024Jan 31, 2024$0.47
Sep 15, 2023Oct 16, 2023Oct 31, 2023$0.47
Jun 7, 2023Jul 14, 2023Jul 31, 2023$0.47
Feb 22, 2023Apr 13, 2023Apr 28, 2023$0.47
Dec 8, 2022Jan 13, 2023Jan 31, 2023$0.46
Sep 15, 2022Oct 14, 2022Oct 31, 2022$0.46
Jun 8, 2022Jul 14, 2022Jul 29, 2022$0.46
Feb 23, 2022Apr 13, 2022Apr 29, 2022$0.46
Dec 9, 2021Jan 13, 2022Jan 31, 2022$0.44

Frequently asked questions

  • Does McGrath Rentcorp (MGRC) pay a dividend?

    Yes. McGrath Rentcorp pays a quarterly dividend; the most recent payment was $0.50 per share.

  • What is MGRC's dividend yield?

    McGrath Rentcorp paid $1.96 per share over the trailing twelve months, a yield of 1.71% at the last price of $114.64. Click here to learn more

  • When is MGRC's next ex-dividend date?

    McGrath Rentcorp's next ex-dividend date is Oct 16, 2026, payable on Oct 30, 2026.

  • What is the difference between ex and payment dates?

    An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more

  • Has MGRC been raising its dividend?

    Yes — McGrath Rentcorp has increased its dividend for 5 consecutive calendar years.

Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

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