Current Yield
1.70%
TTM Dividend/Share
$1.95
Payment Frequency
Quarterly
Payout Ratio
31.0%
Consecutive Growth Years
28 (Dividend Champion)
Key takeaways
- Dividend Champion — McGrath RentCorp (MGRC) has raised its dividend for 28 consecutive years.
- McGrath RentCorp (MGRC) currently yields 1.70%, paying $1.95 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 31.0% — the share of earnings distributed as dividends.
- 7 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 3.37% (growth is decelerating).
Dividend yield valuation for McGrath RentCorp (MGRC)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 1.70% |
1-year average yield | 1.86%now 0.16 pp below |
3-year average yield | 1.71%now 0.01 pp below |
5-year average yield | 1.83%now 0.13 pp below |
MGRC: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for McGrath RentCorp (MGRC)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 5.1% |
FCF payout ratio | 6.4% |
Net debt / EBITDA | 1.6x |
Interest coverage | 8.35x |
ROIC (TTM) | 10.0% |
Dividend safety score for McGrath RentCorp (MGRC)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
7 of 8 checks passed
Payout ratio below 75%
Payout ratio is 31.0%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $147M — FCF fully covers the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
28 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 6.4%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (3.4%) exceeds EPS growth (3.1%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
146 payments from 1990 to 2026 · Adj. Dividend is split-adjusted
| Jul 17, 2026 | Jul 31, 2026 | $0.4950 | $0.4950 |
| Apr 16, 2026 | Apr 30, 2026 | $0.4950 | $0.4950 |
| Jan 16, 2026 | Jan 30, 2026 | $0.4850 | $0.4850 |
| Oct 17, 2025 | Oct 31, 2025 | $0.4850 | $0.4850 |
| Jul 17, 2025 | Jul 31, 2025 | $0.4850 | $0.4850 |
| Apr 16, 2025 | Apr 30, 2025 | $0.4850 | $0.4850 |
| Jan 17, 2025 | Jan 31, 2025 | $0.4750 | $0.4750 |
| Oct 17, 2024 | Oct 31, 2024 | $0.4750 | $0.4750 |
| Jul 17, 2024 | Jul 31, 2024 | $0.4750 | $0.4750 |
| Apr 15, 2024 | Apr 30, 2024 | $0.4750 | $0.4750 |
| Jan 16, 2024 | Jan 31, 2024 | $0.4650 | $0.4650 |
| Oct 16, 2023 | Oct 31, 2023 | $0.4650 | $0.4650 |
- Jul 17, 2026$0.4950
- Apr 16, 2026$0.4950
- Jan 16, 2026$0.4850
- Oct 17, 2025$0.4850
- Jul 17, 2025$0.4850
- Apr 16, 2025$0.4850
- Jan 17, 2025$0.4750
- Oct 17, 2024$0.4750
- Jul 17, 2024$0.4750
- Apr 15, 2024$0.4750
- Jan 16, 2024$0.4650
- Oct 16, 2023$0.4650
Historical dividend yield for McGrath RentCorp (MGRC)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 1.86%5Y: 1.83%10Y: 2.08%
Dividend per share for McGrath RentCorp (MGRC)
CAGR (per year)1Y: 2.12%5Y: 3.37%10Y: 6.85%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1990 | $0.34 | 3 |
| 1991 | $0.21 | 4 |
| 1992 | $0.09 | 4 |
| 1993 | $0.10 | 4 |
| 1994 | $0.11 | 4 |
| 1995 | $0.12 | 4 |
| 1996 | $0.14 | 4 |
| 1997 | $0.28 | 4 |
| 1998 | $0.19 | 4 |
| 1999 | $0.23 | 4 |
| 2000 | $0.27 | 4 |
| 2001 | $0.31 | 4 |
| 2002 | $0.34 | 4 |
| 2003 | $0.39 | 4 |
| 2004 | $0.43 | 4 |
| 2005 | $0.53 | 4 |
| 2006 | $0.62 | 4 |
| 2007 | $0.70 | 4 |
| 2008 | $0.78 | 4 |
| 2009 | $0.86 | 4 |
| 2010 | $0.90 | 4 |
| 2011 | $0.92 | 4 |
| 2012 | $0.94 | 4 |
| 2013 | $0.95 | 4 |
| 2014 | $0.97 | 4 |
| 2015 | $0.99 | 4 |
| 2016 | $1.01 | 4 |
| 2017 | $1.03 | 4 |
| 2018 | $1.28 | 4 |
| 2019 | $1.47 | 4 |
| 2020 | $1.64 | 4 |
| 2021 | $1.73 | 4 |
| 2022 | $1.80 | 4 |
| 2023 | $1.85 | 4 |
| 2024 | $1.89 | 4 |
| 2025 | $1.93 | 4 |
| 2026 | $1.48 | 3 |
Dividend growth for McGrath RentCorp (MGRC)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $1.9300 | — | — |
| 2025 | $1.8900 | $1.9300 | +2.1% |
| 2024 | $1.8500 | $1.8900 | +2.2% |
| 2023 | $1.8000 | $1.8500 | +2.8% |
| 2022 | $1.7250 | $1.8000 | +4.3% |
| 2021 | $1.6350 | $1.7250 | +5.5% |
| 2020 | $1.4650 | $1.6350 | +11.6% |
| 2019 | $1.2800 | $1.4650 | +14.5% |
| 2018 | $1.0350 | $1.2800 | +23.7% |
| 2017 | $1.0150 | $1.0350 | +2.0% |
| 2016 | $0.9950 | $1.0150 | +2.0% |
| 2015 | $0.9750 | $0.9950 | +2.1% |
| 2014 | $0.9550 | $0.9750 | +2.1% |
| 2013 | $0.9350 | $0.9550 | +2.1% |
| 2012 | $0.9150 | $0.9350 | +2.2% |
| 2011 | $0.8950 | $0.9150 | +2.2% |
| 2010 | $0.8600 | $0.8950 | +4.1% |
| 2009 | $0.7800 | $0.8600 | +10.3% |
| 2008 | $0.7000 | $0.7800 | +11.4% |
| 2007 | $0.6200 | $0.7000 | +12.9% |
| 2006 | $0.5300 | $0.6200 | +17.0% |
| 2005 | $0.4300 | $0.5300 | +23.3% |
| 2004 | $0.3900 | $0.4300 | +10.3% |
| 2003 | $0.3400 | $0.3900 | +14.7% |
| 2002 | $0.3100 | $0.3400 | +9.7% |
| 2001 | $0.2700 | $0.3100 | +14.8% |
| 2000 | $0.2300 | $0.2700 | +17.4% |
| 1999 | $0.1900 | $0.2300 | +21.1% |
| 1998 | $0.2750 | $0.1900 | -30.9% |
| 1997 | $0.1350 | $0.2750 | +103.7% |
| 1996 | $0.1175 | $0.1350 | +14.9% |
| 1995 | $0.1075 | $0.1175 | +9.3% |
| 1994 | $0.0975 | $0.1075 | +10.3% |
| 1993 | $0.0875 | $0.0975 | +11.4% |
| 1992 | $0.2100 | $0.0875 | -58.3% |
| 1991 | — | $0.2100 | — |
- 2026—
- 2025$1.9300
- 2024$1.8900
- 2023$1.8500
- 2022$1.8000
- 2021$1.7250
- 2020$1.6350
- 2019$1.4650
- 2018$1.2800
- 2017$1.0350
- 2016$1.0150
- 2015$0.9950
- 2014$0.9750
- 2013$0.9550
- 2012$0.9350
- 2011$0.9150
- 2010$0.8950
- 2009$0.8600
- 2008$0.7800
- 2007$0.7000
- 2006$0.6200
- 2005$0.5300
- 2004$0.4300
- 2003$0.3900
- 2002$0.3400
- 2001$0.3100
- 2000$0.2700
- 1999$0.2300
- 1998$0.1900
- 1997$0.2750
- 1996$0.1350
- 1995$0.1175
- 1994$0.1075
- 1993$0.0975
- 1992$0.0875
- 1991$0.2100
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
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