What is the total return of MGRC over the past year?
McGrath RentCorp (MGRC) delivered a total return of -4.51% over the past year when dividends are reinvested. The price-only return was -6.50%, meaning dividends contributed an additional 2.00 percentage points to total returns.
How much would $10,000 invested in MGRC be worth today?
A $10,000 investment in McGrath RentCorp one year ago would be worth $9,549 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $9,350. Dividend reinvestment added $200 to the portfolio value.
Does MGRC pay dividends?
Yes, McGrath RentCorp (MGRC) pays dividends. Over the past year, MGRC paid 5 dividends totaling $2.4150 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.