MGRC Dividend History & Yield

McGrath RentCorp · NasdaqGS

Stock Industrials Quarterly payer Dividend growth
$110.82
-0.69% today
as of Sep 9, 2026
TTM yield
1.77%
$1.96/share over the last 12 months
Forward yield
1.79%
$1.98/share indicated annual rate
Annual dividend
$1.98
per share, forward
Per payment
$0.495
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Oct 17, 2026 Estimated
in 38 days
Next pay date
Oct 31, 2026
in 52 days
Last ex-dividend date
Jul 17, 2026
$0.495 per share
Payout ratio
31%
of earnings
Market cap
2.7B
P/E 17.8
5y dividend CAGR
+2.8%
annualised, regular payments
Growth streak
34 yrs
consecutive annual raises
Years paying
36.4
since Apr 10, 1990
1y total return
-7.2%
price -8.8% + dividends 1.6%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Sat, Oct 17, 2026 (in 38 days) Oct 31, 2026 $0.495 $49.50 Estimated
Sun, Jan 17, 2027 (in 130 days) Jan 31, 2027 $0.495 $49.50 Estimated
Mon, Apr 19, 2027 (in 222 days) May 3, 2027 $0.495 $49.50 Estimated
Tue, Jul 20, 2027 (in 314 days) Aug 3, 2027 $0.495 $49.50 Estimated

Estimated dates and amounts are projected from MGRC's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.98 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Oct 13, 2016 to Jul 17, 2026; most recent $0.495$0.00$0.30$0.60Oct 13, 2016: $0.255Oct '16Jan 12, 2017: $0.255Apr 11, 2017: $0.26Jul 13, 2017: $0.26Oct 16, 2017: $0.26Jan 16, 2018: $0.26Jan '18Apr 13, 2018: $0.34Jul 16, 2018: $0.34Oct 16, 2018: $0.34Jan 16, 2019: $0.34Apr 12, 2019: $0.375Apr '19Jul 16, 2019: $0.375Oct 16, 2019: $0.375Jan 16, 2020: $0.375Apr 14, 2020: $0.42Jul 16, 2020: $0.42Jul '20Oct 15, 2020: $0.42Jan 14, 2021: $0.42Apr 14, 2021: $0.435Jul 15, 2021: $0.435Oct 14, 2021: $0.435Oct '21Jan 13, 2022: $0.435Apr 13, 2022: $0.455Jul 14, 2022: $0.455Oct 14, 2022: $0.455Jan 13, 2023: $0.455Jan '23Apr 13, 2023: $0.465Jul 14, 2023: $0.465Oct 16, 2023: $0.465Jan 16, 2024: $0.465Apr 15, 2024: $0.475Apr '24Jul 17, 2024: $0.475Oct 17, 2024: $0.475Jan 17, 2025: $0.475Apr 16, 2025: $0.485Jul 17, 2025: $0.485Jul '25Oct 17, 2025: $0.485Jan 16, 2026: $0.485Apr 16, 2026: $0.495Jul 17, 2026: $0.495

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.25$2.502017: $1.035$1.03520172018: $1.28$1.2820182019: $1.465$1.46520192020: $1.635$1.63520202021: $1.725$1.72520212022: $1.80$1.8020222023: $1.85$1.8520232024: $1.89$1.8920242025: $1.93$1.9320252026 (YTD): $1.475$1.4752026 YTD

How much MGRC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month607$67,164$1,200
$500 / month3,031$335,818$6,000
$1,000 / month6,061$671,636$12,000

Based on the forward yield of 1.79%. $10,000 in MGRC would currently pay about $179 a year ($15 a month on average). Model reinvestment and growth →

MGRC dividend history

Ex-datePay dateAmountChange
Jul 17, 2026 Jul 31, 2026 $0.495 +0.0%
Apr 16, 2026 Apr 30, 2026 $0.495 +2.1%
Jan 16, 2026 Jan 30, 2026 $0.485 +0.0%
Oct 17, 2025 Oct 31, 2025 $0.485 +0.0%
Jul 17, 2025 Jul 31, 2025 $0.485 +0.0%
Apr 16, 2025 Apr 30, 2025 $0.485 +2.1%
Jan 17, 2025 Jan 31, 2025 $0.475 +0.0%
Oct 17, 2024 Oct 31, 2024 $0.475 +0.0%
Jul 17, 2024 Jul 31, 2024 $0.475 +0.0%
Apr 15, 2024 Apr 30, 2024 $0.475 +2.2%
Jan 16, 2024 Jan 31, 2024 $0.465 +0.0%
Oct 16, 2023 Oct 31, 2023 $0.465 +0.0%
Jul 14, 2023 Jul 31, 2023 $0.465 +0.0%
Apr 13, 2023 Apr 28, 2023 $0.465 +2.2%
Jan 13, 2023 Jan 31, 2023 $0.455 +0.0%
Oct 14, 2022 Oct 31, 2022 $0.455 +0.0%
Jul 14, 2022 Jul 29, 2022 $0.455 +0.0%
Apr 13, 2022 Apr 29, 2022 $0.455 +4.6%
Jan 13, 2022 Jan 31, 2022 $0.435 +0.0%
Oct 14, 2021 Oct 29, 2021 $0.435 +0.0%
Jul 15, 2021 Jul 30, 2021 $0.435 +0.0%
Apr 14, 2021 Apr 30, 2021 $0.435 +3.6%
Jan 14, 2021 Jan 29, 2021 $0.42 +0.0%
Oct 15, 2020 Oct 30, 2020 $0.42 +0.0%

MGRC dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Apr 16, 2026 Raised 2.1% $0.485 $0.495 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

MGRC scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About McGrath RentCorp

McGrath RentCorp operates as a business-to-business rental company in the United States and internationally. The company also engages in renting and selling relocatable modular buildings, portable storage containers, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, 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, childcare facilities, office spaces, and various other purposes.

Sector: Industrials. Industry: Rental & Leasing Services. First dividend on our records: Apr 10, 1990. 146 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

MGRC dividend FAQ

When is MGRC's next ex-dividend date?

MGRC's next ex-dividend date is Oct 17, 2026 (in 38 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.495 per share, expected on Oct 31, 2026.

How often does MGRC pay dividends?

MGRC pays dividends every quarter, 4 times a year. The most recent payment was $0.495 per share with an ex-date of Jul 17, 2026.

What is MGRC's dividend yield?

MGRC's trailing 12-month dividend yield is 1.77%, based on $1.96 per share paid over the last year and a share price of $110.82. The forward yield, using the indicated annual rate of $1.98 per share, is 1.79%.

How much does MGRC pay per share?

MGRC pays about $0.495 per share each quarter, which works out to roughly $1.98 per share a year. 100 shares would collect about $198.00 a year.

Has MGRC grown or cut its dividend?

MGRC has raised its annual dividend for 34 consecutive years. Over the last 5 years the regular payout has grown at 2.8% a year (+2.1% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of MGRC do I need to earn $100 a month?

At the current forward yield of 1.79%, you would need about 607 shares of MGRC (roughly $67,164 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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