McGrath RentCorp (MGRC) Dividend History
Income profile from 1990 to 2026 with payout safety and yield-on-cost trend
MGRC Dividend Income Check
Safety
30.6% payout ratio with sustainable safety profile.
Consistency
36 straight years of dividend increases.
Income Trend
Yield on cost is 2.9% and trend is rising.
MGRC Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MGRC Income Growth Story
Dividend per share and yield on cost over time (37 years of payments)
MGRC Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
McGrath RentCorp distributes 30.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 24.4%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
MGRC has raised its dividend for 36 consecutive years, with a 3-year CAGR of 2.4% and 5-year CAGR of 3.4%.
Total Shareholder Returns
Beyond cash dividends, MGRC returns capital through share repurchases. The combined picture: 1.7% dividend yield, 1.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.9% and is currently rising. The 5-year total return is 49.2%, with dividends contributing 11.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $49,411 today.
MGRC Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 16, 2026Latest | $0.4950 | ↑ +2.1% | 1.69% | Apr 30, 2026 |
| Jan 16, 2026 | $0.4850 | — | 1.76% | Jan 30, 2026 |
| Oct 17, 2025 | $0.4850 | — | 1.62% | Oct 31, 2025 |
| Jul 17, 2025 | $0.4850 | — | 1.64% | Jul 31, 2025 |
| Apr 16, 2025 | $0.4850 | ↑ +2.1% | 1.81% | Apr 30, 2025 |
| Jan 17, 2025 | $0.4750 | — | 1.61% | Jan 31, 2025 |
| Oct 17, 2024 | $0.4750 | — | 1.75% | Oct 31, 2024 |
| Jul 17, 2024 | $0.4750 | — | 1.69% | Jul 31, 2024 |
MGRC Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd | $2.8B | 1.7% | 30.6% | 36 | Sustainable |
| $60.4B | 0.7% | 18.6% | 4 | Sustainable | |
| $4.2B | 1.2% | — | 1 | Unknown | |
1st | $769M | 3.7% | 78.9% | 8 | Watch |
| $61.8B | 1.2% | 34.5% | 23 | Sustainable | |
| $7.1B | 1.2% | 29.8% | 18 | Sustainable | |
3rd | $7.3B | 1.3% | 9.0% | 13 | Sustainable |
| $431.2B | 0.6% | 31.0% | 8 | Sustainable |
MGRC Annual Dividend History (1989–2026)
38 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.98 | — | 2 | — | — | — | 1.5% |
| 2025 | $1.93 | 2.1% | 4 | $6.35 | 30.4% | 3.29x | 2.9% |
| 2024 | $1.89 | 2.2% | 4 | $9.43 | 20.0% | 4.99x | 2.9% |
| 2023 | $1.85 | 2.8% | 4 | $7.12 | 26.0% | 3.85x | 2.8% |
| 2022 | $1.80 | 4.3% | 4 | $4.70 | 38.3% | 2.61x | 2.8% |
| 2021 | $1.73 | 5.5% | 4 | $3.66 | 47.1% | 2.12x | 2.6% |
| 2020 | $1.63 | 11.6% | 4 | $4.16 | 39.3% | 2.54x | 2.5% |
| 2019 | $1.47 | 14.5% | 4 | $3.93 | 37.3% | 2.68x | 2.2% |
| 2018 | $1.28 | 23.7% | 4 | $3.24 | 39.5% | 2.53x | 2.0% |
| 2017 | $1.04 | 2.0% | 4 | $6.34 | 16.3% | 6.13x | 1.6% |
See MGRC's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonMGRC — Frequently Asked Questions
Quick answers to the most common questions about buying MGRC stock.
How much dividend does MGRC pay per share?
McGrath RentCorp (MGRC) pays a trailing 12-month dividend of $1.94 per share, with a current dividend yield of +1.7%. Payments are made Semi-Annual.
When is MGRC's next ex-dividend date?
MGRC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MGRC typically pays dividends Semi-Annual.
Is MGRC's dividend safe?
MGRC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +30.6% and FCF payout ratio of +24.4%. With 36 consecutive years of dividend growth, the track record supports sustainability.
Is MGRC a Dividend Aristocrat?
Yes, McGrath RentCorp is classified as a Dividend Aristocrat with 36 consecutive years of dividend increases. The 5-year dividend CAGR is +3.4%, demonstrating modest dividend growth.
How often does MGRC pay dividends?
McGrath RentCorp pays dividends Semi-Annual. The trailing 12-month total is $1.94 per share. Dividend data on this page covers 36+ years from 1990 to 2026.
How much would $10,000 invested in MGRC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MGRC five years ago would be worth approximately $14,915 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MGRC's yield on cost for long-term holders?
MGRC's yield on cost — the current dividend divided by the original purchase price — is +2.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.7% market yield, thanks to consistent dividend growth.