McGrath RentCorp (MGRC) Dividend History

NASDAQ: MGRCYield, payment dates, growth and payout ratio.

MGRC latest dividend

$0.49last dividend per share
Ex-dividend dateOct 16Friday, 2026
Payment dateOct 30Friday, 2026

The next dividend has not been announced yet.

  • 34 yearsof dividend increases
  • 1990paying since
  • Quarterly4 payments a year
  • +3.4%5-year growth a year
  • 1.75%forward yield

MGRC dividend income calculator

Dividend income a year
$198
Each payment
$50
Value of the shares
$11,303
Dividend yield
1.75%

At the latest close; forward annual dividend $1.98 per share, before tax.

MGRC dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

MGRC dividend safety

Payout ratio (earnings)31.7%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)22.7%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+3.4%
Slow growth · a year on average
Years of increases34
Long record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

MGRC yield on cost

McGrath RentCorp yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$118.951.66%$1.971.7%
3 years ago$100.451.97%$5.795.8%
5 years ago$74.672.65%$9.4412.6%
10 years ago$30.466.50%$16.5854.4%
20 years ago$27.247.27%$25.6194.0%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

MGRC dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

MGRC dividends by year

McGrath RentCorp dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$1.93+2.1%1.84%4
2024$1.89+2.2%1.69%4
2023$1.85+2.8%1.55%4
2022$1.80+4.3%1.82%4
2021$1.73+5.5%2.15%4
2020$1.64+11.6%2.44%4
2019$1.47+14.5%1.91%4
2018$1.28+23.7%2.49%4
2017$1.03+2.0%2.20%4
2016$1.01+2.0%2.59%4
2015$0.99+2.1%3.95%4
2014$0.97+2.1%2.72%4
2013$0.95+2.1%2.40%4
2012$0.94+2.2%3.21%4
2011$0.92+2.2%3.16%4
2010$0.90+4.1%3.41%4
2009$0.86+10.3%3.85%4
2008$0.78+11.4%3.65%4
2007$0.70+12.9%2.72%4
2006$0.62—2.02%4

MGRC dividend history

147 payments
McGrath RentCorp dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-10-162026-10-30$0.495—Quarterly
2026-07-172026-07-31$0.495—Quarterly
2026-04-162026-04-30$0.495+2.1%Quarterly
2026-01-162026-01-30$0.485—Quarterly
2025-10-172025-10-31$0.485—Quarterly
2025-07-172025-07-31$0.485—Quarterly
2025-04-162025-04-30$0.485+2.1%Quarterly
2025-01-172025-01-31$0.475—Quarterly
2024-10-172024-10-31$0.475—Quarterly
2024-07-172024-07-31$0.475—Quarterly
2024-04-152024-04-30$0.475+2.2%Quarterly
2024-01-162024-01-31$0.465—Quarterly
2023-10-162023-10-31$0.465—Quarterly
2023-07-142023-07-31$0.465—Quarterly
2023-04-132023-04-28$0.465+2.2%Quarterly
2023-01-132023-01-31$0.455—Quarterly
Show all 147 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-10-142022-10-31$0.455—Quarterly
2022-07-142022-07-29$0.455—Quarterly
2022-04-132022-04-29$0.455+4.6%Quarterly
2022-01-132022-01-31$0.435—Quarterly
2021-10-142021-10-29$0.435—Quarterly
2021-07-152021-07-30$0.435—Quarterly
2021-04-142021-04-30$0.435+3.6%Quarterly
2021-01-142021-01-29$0.42—Quarterly
2020-10-152020-10-30$0.42—Quarterly
2020-07-162020-07-31$0.42—Quarterly
2020-04-142020-04-30$0.42+12.0%Quarterly
2020-01-162020-01-31$0.375—Quarterly
2019-10-162019-10-31$0.375—Quarterly
2019-07-162019-07-31$0.375—Quarterly
2019-04-122019-04-30$0.375+10.3%Quarterly
2019-01-162019-01-31$0.34—Quarterly
2018-10-162018-10-31$0.34—Quarterly
2018-07-162018-07-31$0.34—Quarterly
2018-04-132018-04-30$0.34+30.8%Quarterly
2018-01-162018-01-31$0.26—Quarterly
2017-10-162017-10-31$0.26—Quarterly
2017-07-132017-07-31$0.26—Quarterly
2017-04-112017-04-28$0.26+2.0%Quarterly
2017-01-122017-01-31$0.255—Quarterly
2016-10-132016-10-31$0.255—Quarterly
2016-07-132016-07-29$0.255—Quarterly
2016-04-132016-04-29$0.255+2.0%Quarterly
2016-01-132016-01-29$0.25—Quarterly
2015-10-142015-10-30$0.25—Quarterly
2015-07-152015-07-31$0.25—Quarterly
2015-04-142015-04-30$0.25+2.0%Quarterly
2015-01-142015-01-30$0.245—Quarterly
2014-10-152014-10-31$0.245—Quarterly
2014-07-152014-07-31$0.245—Quarterly
2014-04-142014-04-30$0.245+2.1%Quarterly
2014-01-152014-01-31$0.24—Quarterly
2013-10-172013-10-31$0.24—Quarterly
2013-07-152013-07-31$0.24—Quarterly
2013-04-122013-04-30$0.24+2.1%Quarterly
2013-01-152013-01-31$0.235—Quarterly
2012-10-152012-10-31$0.235—Quarterly
2012-07-132012-07-31$0.235—Quarterly
2012-04-122012-04-30$0.235+2.2%Quarterly
2012-01-122012-01-31$0.23—Quarterly
2011-10-132011-10-31$0.23—Quarterly
2011-07-132011-07-29$0.23—Quarterly
2011-04-132011-04-29$0.23+2.2%Quarterly
2011-01-122011-01-31$0.225—Quarterly
2010-10-132010-10-29$0.225—Quarterly
2010-07-142010-07-30$0.225—Quarterly
2010-04-142010-04-30$0.225+2.3%Quarterly
2010-01-132010-01-29$0.22—Quarterly
2009-10-142009-10-30$0.22—Quarterly
2009-07-142009-07-31$0.22—Quarterly
2009-04-142009-04-30$0.22+10.0%Quarterly
2009-01-132009-01-30$0.2—Quarterly
2008-10-102008-10-31$0.2—Quarterly
2008-07-142008-07-31$0.2—Quarterly
2008-04-142008-04-30$0.2+11.1%Quarterly
2008-01-112008-01-31$0.18—Quarterly
2007-10-112007-10-31$0.18—Quarterly
2007-07-122007-07-31$0.18—Quarterly
2007-04-122007-04-30$0.18+12.5%Quarterly
2007-01-102007-01-31$0.16—Quarterly
2006-10-122006-10-31$0.16—Quarterly
2006-07-122006-07-31$0.16—Quarterly
2006-04-112006-04-28$0.16+14.3%Quarterly
2006-01-112006-01-31$0.14—Quarterly
2005-10-122005-10-31$0.14—Quarterly
2005-07-132005-07-29$0.14—Quarterly
2005-04-132005-04-29$0.14+27.3%Quarterly
2005-01-122005-01-31$0.11—Quarterly
2004-10-132004-10-29$0.11—Quarterly
2004-07-132004-07-30$0.11—Quarterly
2004-04-132004-04-30$0.11+10.0%Quarterly
2004-01-132004-01-30$0.1—Quarterly
2003-10-102003-10-31$0.1—Quarterly
2003-07-112003-07-31$0.1—Quarterly
2003-04-112003-04-30$0.1+11.1%Quarterly
2003-01-132003-01-31$0.09—Quarterly
2002-10-102002-10-31$0.09—Quarterly
2002-07-112002-07-31$0.09+12.5%
2002-04-112002-04-30$0.08—Quarterly
2002-01-112002-01-31$0.08—Quarterly
2001-10-112001-10-31$0.08—Quarterly
2001-07-112001-07-31$0.08—Quarterly
2001-04-102001-04-30$0.08+14.3%Quarterly
2001-01-102001-01-31$0.07—Quarterly
2000-10-112000-10-31$0.07—Quarterly
2000-07-122000-07-31$0.07—Quarterly
2000-04-122000-04-28$0.07+16.7%Quarterly
2000-01-122000-01-31$0.06—Quarterly
1999-10-131999-10-29$0.06—Quarterly
1999-07-131999-07-30$0.06—Quarterly
1999-04-131999-04-30$0.06+20.0%Quarterly
1999-01-131999-01-29$0.05—Quarterly
1998-10-141998-10-30$0.05—Quarterly
1998-07-141998-07-31$0.05—Quarterly
1998-04-131998-04-30$0.05+25.0%Quarterly
1998-01-141998-01-30$0.04—Quarterly
1997-10-151997-10-31$0.04—Quarterly
1997-07-141997-07-31$0.04—Quarterly
1997-04-111997-04-30$0.04+14.3%Quarterly
1997-01-151997-01-31$0.035—Quarterly
1996-10-151996-10-31$0.035—Quarterly
1996-07-111996-07-31$0.035—Quarterly
1996-04-181996-04-30$0.035+16.7%Quarterly
1996-01-121996-01-31$0.03—Quarterly
1995-10-131995-10-31$0.03—Quarterly
1995-07-131995-07-31$0.03—Quarterly
1995-04-131995-04-30$0.03+9.1%Quarterly
1995-01-131995-01-31$0.0275—Quarterly
1994-10-171994-10-31$0.0275—Quarterly
1994-07-121994-07-29$0.0275—Quarterly
1994-04-121994-04-29$0.0275+10.0%Quarterly
1994-01-131994-01-31$0.025—Quarterly
1993-10-121993-10-29$0.025—Quarterly
1993-07-131993-07-30$0.025—Quarterly
1993-04-141993-04-30$0.025+11.1%Quarterly
1993-01-121993-01-29$0.0225—Quarterly
1992-10-141992-10-30$0.0225—Quarterly
1992-07-141992-07-31$0.0225—Quarterly
1992-04-131992-04-30$0.0225+12.5%Quarterly
1992-01-101992-01-31$0.02—Quarterly
1991-10-101991-10-31$0.02—Quarterly
1991-07-091991-07-31$0.02+100.0%Quarterly
1991-04-101991-04-30$0.01−50.0%Quarterly
1991-01-151991-01-31$0.02—Quarterly
1990-10-161990-10-31$0.02—Quarterly
1990-07-111990-07-31$0.02—Quarterly
1990-04-101990-04-30$0.02—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

MGRC stock split history

  • 2:1March 28, 2005
  • 2:1April 28, 1997
  • 2:1April 22, 1991

MGRC dividend overview

McGrath RentCorp pays an annual dividend of $1.98 per share, a yield of 1.75% at the latest close, paid quarterly. It paid $1.93 per share in 2025, up 2.1% from 2024. It has raised its dividend for 34 consecutive years. Over five years the dividend grew 3.4% a year on average and over ten years 6.8% a year. The payout ratio is 31.7% of trailing earnings.

Related: MGRC cash flow statement, MGRC key metrics, MGRC chart. See the MGRC stock overview for the latest quote and news.

MGRC dividends FAQ

Does McGrath RentCorp pay a dividend?

Yes. McGrath RentCorp has paid a regular dividend since 1990, quarterly, most recently $0.49 per share with an ex-dividend date of October 16, 2026.

What is McGrath RentCorp's dividend yield?

McGrath RentCorp's forward annual dividend is $1.98 per share, a dividend yield of 1.75% at the latest close of $113.03.

How often does McGrath RentCorp pay dividends?

McGrath RentCorp pays dividends quarterly.

How fast is McGrath RentCorp's dividend growing?

McGrath RentCorp's dividend per share grew from $1.64 in 2020 to $1.93 in 2025, 3.4% a year on average over five years; it has increased for 34 years in a row.

What is McGrath RentCorp's dividend payout ratio?

McGrath RentCorp pays out 31.7% of its trailing earnings as dividends and 22.7% of its free cash flow (fiscal 2025).

Has McGrath RentCorp split its stock?

McGrath RentCorp has split its stock 3 times: 2:1 on March 28, 2005, 2:1 on April 28, 1997, 2:1 on April 22, 1991. Dividends per share on this page are adjusted for splits.

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