# McGrath Rentcorp (MGRC) — Dividends

MGRC · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/mgrc/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $2.46 |
| Forward yield | 2.17% |
| Growth streak | 6 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.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Oct 16, 2026 | Oct 30, 2026 | $0.50 |
| Jul 17, 2026 | Jul 31, 2026 | $0.50 |
| Apr 16, 2026 | Apr 30, 2026 | $0.50 |
| Jan 16, 2026 | Jan 30, 2026 | $0.49 |
| Oct 17, 2025 | Oct 31, 2025 | $0.49 |
| Jul 17, 2025 | Jul 31, 2025 | $0.49 |
| Apr 16, 2025 | Apr 30, 2025 | $0.49 |
| Jan 17, 2025 | Jan 31, 2025 | $0.48 |
| Oct 17, 2024 | Oct 31, 2024 | $0.48 |
| Jul 17, 2024 | Jul 31, 2024 | $0.48 |
| Apr 15, 2024 | Apr 30, 2024 | $0.48 |
| Jan 16, 2024 | Jan 31, 2024 | $0.47 |
| Oct 16, 2023 | Oct 31, 2023 | $0.47 |
| Jul 14, 2023 | Jul 31, 2023 | $0.47 |
| Apr 13, 2023 | Apr 28, 2023 | $0.47 |
| Jan 13, 2023 | Jan 31, 2023 | $0.46 |
| Oct 14, 2022 | Oct 31, 2022 | $0.46 |
| Jul 14, 2022 | Jul 29, 2022 | $0.46 |
| Apr 13, 2022 | Apr 29, 2022 | $0.46 |
| Jan 13, 2022 | Jan 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 $2.46 per share over the trailing twelve months, a yield of 2.17% at the last price of $113.19. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is MGRC's most recent ex-dividend date?

McGrath Rentcorp's most recent 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](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has MGRC been raising its dividend?

Yes — McGrath Rentcorp has increased its dividend for 6 consecutive calendar years.

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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.

Data provided by [AInvest](https://www.ainvest.com).
