McGrath Rent (MGRC) Dividend History & Yield
McGrath Rent (MGRC) has increased its dividend for 28 consecutive years and currently yields 1.86%. The most recent payment was $0.4950/share on Apr 16, 2026, paid Quarterly.

MGRC
Current Yield
1.86%
TTM Dividend/Share
$1.94
Payment Frequency
Quarterly
Payout Ratio
30.6%
Consecutive Growth Years
28
Div Growth (1Y CAGR)
2.12%
Div Growth (5Y CAGR)
3.37%
Div Growth (10Y CAGR)
6.85%
Dividend Safety Score
5 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 30.6%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($8.59) covers dividend/share ($1.94).
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.
Dividend Payment History
Ex-date Apr 16, 2026
- Payment date
- Apr 30, 2026
- Dividend
- $0.4950
- Adj. dividend
- $0.4950
Ex-date Jan 16, 2026
- Payment date
- Jan 30, 2026
- Dividend
- $0.4850
- Adj. dividend
- $0.4850
Ex-date Oct 17, 2025
- Payment date
- Oct 31, 2025
- Dividend
- $0.4850
- Adj. dividend
- $0.4850
Ex-date Jul 17, 2025
- Payment date
- Jul 31, 2025
- Dividend
- $0.4850
- Adj. dividend
- $0.4850
Ex-date Apr 16, 2025
- Payment date
- Apr 30, 2025
- Dividend
- $0.4850
- Adj. dividend
- $0.4850
Ex-date Jan 17, 2025
- Payment date
- Jan 31, 2025
- Dividend
- $0.4750
- Adj. dividend
- $0.4750
Ex-date Oct 17, 2024
- Payment date
- Oct 31, 2024
- Dividend
- $0.4750
- Adj. dividend
- $0.4750
Ex-date Jul 17, 2024
- Payment date
- Jul 31, 2024
- Dividend
- $0.4750
- Adj. dividend
- $0.4750
Ex-date Apr 15, 2024
- Payment date
- Apr 30, 2024
- Dividend
- $0.4750
- Adj. dividend
- $0.4750
Ex-date Jan 16, 2024
- Payment date
- Jan 31, 2024
- Dividend
- $0.4650
- Adj. dividend
- $0.4650
Ex-date Oct 16, 2023
- Payment date
- Oct 31, 2023
- Dividend
- $0.4650
- Adj. dividend
- $0.4650
Ex-date Jul 14, 2023
- Payment date
- Jul 31, 2023
- Dividend
- $0.4650
- Adj. dividend
- $0.4650
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| 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 14, 2023 | Jul 31, 2023 | $0.4650 | $0.4650 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
McGrath Rent has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 28 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 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 | — |
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
Does McGrath Rent pay dividends?
- Yes, McGrath Rent (MGRC) pays quarterly dividends of approximately $1.94 per share annually, yielding 1.86%.
What is McGrath Rent's dividend yield?
- McGrath Rent (MGRC) has a current dividend yield of 1.86%.
Is McGrath Rent's dividend safe?
- McGrath Rent (MGRC) passes 5 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has McGrath Rent increased its dividend?
- McGrath Rent (MGRC) has 28 consecutive years of dividend increases.
What is McGrath Rent's dividend payout ratio?
- McGrath Rent (MGRC) has a dividend payout ratio of 30.6%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
Explore more
MGRC — Overview
Company profile, financial tools, and key metrics
MGRC — Buybacks
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MGRC — Dividend Calculator
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MGRC — Dividend Forecast
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