McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes; and portable storage containers. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. It also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is headquartered in Livermore, California.
McGrath RentCorp Dividend Announcement
• McGrath RentCorp announced a quarterly dividend of $0.47 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-17
• McGrath RentCorp annual dividend for 2024 was $1.89
• McGrath RentCorp annual dividend for 2023 was $1.85
• McGrath RentCorp's trailing twelve-month (TTM) dividend yield is 1.56%
• McGrath RentCorp's payout ratio for the trailing twelve months (TTM) is 20.68%
• McGrath RentCorp's dividend growth over the last five years (2018-2023) was 7.64% year
• McGrath RentCorp's dividend growth over the last ten years (2013-2023) was 6.84% year
McGrath RentCorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-17 | $0.47 | quarterly | 2024-10-31 |
| 2024-07-17 | $0.47 | quarterly | 2024-07-31 |
| 2024-04-15 | $0.47 | quarterly | 2024-04-30 |
| 2024-01-16 | $0.47 | quarterly | 2024-01-31 |
| 2023-10-16 | $0.47 | quarterly | 2023-10-31 |
| 2023-07-14 | $0.47 | quarterly | 2023-07-31 |
| 2023-04-13 | $0.47 | quarterly | 2023-04-28 |
| 2023-01-13 | $0.46 | quarterly | 2023-01-31 |
| 2022-10-14 | $0.46 | quarterly | 2022-10-31 |
| 2022-07-14 | $0.46 | quarterly | 2022-07-29 |
| 2022-04-13 | $0.46 | quarterly | 2022-04-29 |
| 2022-01-13 | $0.43 | quarterly | 2022-01-31 |
| 2021-10-14 | $0.43 | quarterly | 2021-10-29 |
| 2021-07-15 | $0.43 | quarterly | 2021-07-30 |
| 2021-04-14 | $0.43 | quarterly | 2021-04-30 |
| 2021-01-14 | $0.42 | quarterly | 2021-01-29 |
| 2020-10-15 | $0.42 | quarterly | 2020-10-30 |
| 2020-07-16 | $0.42 | quarterly | 2020-07-31 |
| 2020-04-14 | $0.42 | quarterly | 2020-04-30 |
| 2020-01-16 | $0.38 | quarterly | 2020-01-31 |
| 2019-10-16 | $0.38 | quarterly | 2019-10-31 |
| 2019-07-16 | $0.38 | quarterly | 2019-07-31 |
| 2019-04-12 | $0.38 | quarterly | 2019-04-30 |
| 2019-01-16 | $0.34 | quarterly | 2019-01-31 |
| 2018-10-16 | $0.34 | quarterly | 2018-10-31 |
| 2018-07-16 | $0.34 | quarterly | 2018-07-31 |
| 2018-04-13 | $0.34 | quarterly | 2018-04-30 |
| 2018-01-16 | $0.26 | quarterly | 2018-01-31 |
| 2017-10-16 | $0.26 | quarterly | 2017-10-31 |
| 2017-07-13 | $0.26 | quarterly | 2017-07-31 |
| 2017-04-11 | $0.26 | quarterly | 2017-04-28 |
| 2017-01-12 | $0.26 | quarterly | 2017-01-31 |
| 2016-10-13 | $0.26 | quarterly | 2016-10-31 |
| 2016-07-13 | $0.26 | quarterly | 2016-07-29 |
| 2016-04-13 | $0.26 | quarterly | 2016-04-29 |
| 2016-01-13 | $0.25 | quarterly | 2016-01-29 |
| 2015-10-14 | $0.25 | quarterly | 2015-10-30 |
| 2015-07-15 | $0.25 | quarterly | 2015-07-31 |
| 2015-04-14 | $0.25 | quarterly | 2015-04-30 |
| 2015-01-14 | $0.24 | quarterly | 2015-01-30 |
| 2014-10-15 | $0.24 | quarterly | 2014-10-31 |
| 2014-07-15 | $0.24 | quarterly | 2014-07-31 |
| 2014-04-14 | $0.24 | quarterly | 2014-04-30 |
| 2014-01-15 | $0.24 | quarterly | 2014-01-31 |
| 2013-10-17 | $0.24 | quarterly | 2013-10-31 |
| 2013-07-15 | $0.24 | quarterly | 2013-07-31 |
| 2013-04-12 | $0.24 | quarterly | 2013-04-30 |
| 2013-01-15 | $0.23 | quarterly | 2013-01-31 |
McGrath RentCorp Dividend per year
McGrath RentCorp Dividend growth
McGrath RentCorp Dividend Yield
McGrath RentCorp current trailing twelve-month (TTM) dividend yield is 1.56%. Interested in purchasing McGrath RentCorp stock? Use our calculator to estimate your expected dividend yield:
McGrath RentCorp Financial Ratios
P/E ratio13.27
PEG ratio4.27
P/B ratio2.73
ROE22.91%
Payout ratio20.68%
Current ratio1.25
Quick ratio1.14
Cash Ratio0.02
McGrath RentCorp Dividend FAQ
How much is the next McGrath RentCorp dividend?
McGrath RentCorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next McGrath RentCorp dividend. The next McGrath RentCorp dividend will be released in January, April, July, or October.
When is McGrath RentCorp dividend paid?
McGrath RentCorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does McGrath RentCorp pay?
The specific amount of McGrath RentCorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find McGrath RentCorp's dividend history.
Does McGrath RentCorp stock pay dividends?
Yes, McGrath RentCorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find McGrath RentCorp's dividend history.
How much dividend does McGrath RentCorp pay?
McGrath RentCorp paid $1.89 in 2024, $1.85 in 2023, $1.8 in 2022, $1.725 in 2021, and $1.635 in 2020.
How often does McGrath RentCorp pay dividends?
McGrath RentCorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is McGrath RentCorp's dividend yield?
The current dividend yield for McGrath RentCorp is 1.56%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate McGrath RentCorp's exact dividend yield.
When does McGrath RentCorp go ex dividend?
McGrath RentCorp's ex-dividend date for the latest dividend was on 2024-10-17. McGrath RentCorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next McGrath RentCorp dividend paid?
McGrath RentCorp pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will McGrath RentCorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether McGrath RentCorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is McGrath RentCorp dividend per share?
McGrath RentCorp paid $1.89 per share in 2024 and $1.85 per share in 2023. The amount of dividend per share that McGrath RentCorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is McGrath RentCorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is McGrath RentCorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is McGrath RentCorp a dividend stock?
Yes, McGrath RentCorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is McGrath RentCorp a good dividend stock?
Whether McGrath RentCorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. McGrath RentCorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating McGrath RentCorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating McGrath RentCorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does McGrath RentCorp pay dividends monthly?
McGrath RentCorp typically pays dividends on a quarterly basis.
Does McGrath RentCorp pay dividends quarterly?
McGrath RentCorp currently pays dividends on a quarterly basis.
Has McGrath RentCorp ever paid a dividend?
Yes, McGrath RentCorp has a history of paying dividends to its shareholders. McGrath RentCorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy McGrath RentCorp dividend stocks?
To buy McGrath RentCorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy McGrath RentCorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy McGrath RentCorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does McGrath RentCorp pay dividends 2024?
McGrath RentCorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will McGrath RentCorp increase its dividend in 2024?
Decisions regarding McGrath RentCorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date McGrath RentCorp dividend overview you can look into the above table of dividend history.
How McGrath RentCorp dividend works?
The McGrath RentCorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how McGrath RentCorp's dividend process works:
1. Determination of Dividend: McGrath RentCorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, McGrath RentCorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, McGrath RentCorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from McGrath RentCorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: McGrath RentCorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, McGrath RentCorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, McGrath RentCorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from McGrath RentCorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are McGrath RentCorp dividends paid?
McGrath RentCorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: McGrath RentCorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, McGrath RentCorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: McGrath RentCorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: McGrath RentCorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, McGrath RentCorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: McGrath RentCorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does McGrath RentCorp pay dividends?
McGrath RentCorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does McGrath RentCorp pay dividends?
The general pattern is that McGrath RentCorp pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is McGrath RentCorp dividend safe?
The safety of McGrath RentCorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of McGrath RentCorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review McGrath RentCorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of McGrath RentCorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review McGrath RentCorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.