McGrath RentCorp (MGRC) Dividend Yield, History & Forecast

McGrath RentCorp (MGRC) is a Rental & Leasing Services company in the Industrials sector listed on the NASDAQ Global Select. It pays a current dividend yield of 1.70% ($1.96 per share annually (TTM)), with 34 years of consecutive dividend increases. The most recent ex-dividend date was July 17, 2026, with payment scheduled for July 31, 2026. The trailing twelve-month payout ratio is 31.8%; the market capitalization is approximately $2.81B.

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Frequently Asked Questions about McGrath RentCorp (MGRC)

What is McGrath RentCorp's dividend yield?
McGrath RentCorp (MGRC) pays a current trailing twelve-month dividend yield of 1.70%, which works out to $1.96 per share annually based on the most recent payout schedule.
When does McGrath RentCorp pay its next dividend?
The most recent ex-dividend date was July 17, 2026. The next scheduled dividend payment date is July 31, 2026.
How many years has McGrath RentCorp increased its dividend?
McGrath RentCorp (MGRC) has increased its dividend for 34 consecutive years, qualifying it as a Dividend Aristocrat (25+ years of consecutive increases for S&P 500 members).
Is McGrath RentCorp a Dividend Aristocrat?
McGrath RentCorp (MGRC) has 34 consecutive years of dividend increases. Aristocrat status also requires S&P 500 membership; see our curated Dividend Aristocrats list for the full roster.
What sector is McGrath RentCorp in?
McGrath RentCorp (MGRC) operates in the Industrials sector, specifically the Rental & Leasing Services industry.
What is McGrath RentCorp's dividend payout ratio?
McGrath RentCorp (MGRC)'s trailing twelve-month dividend payout ratio is 31.8%. The payout ratio measures what percentage of earnings is paid out as dividends — a lower ratio generally suggests a more sustainable dividend.