McGrath RentCorp (MGRC) Dividend History & Yield
Dividend ChampionMcGrath RentCorp (MGRC) has increased its dividend for 28 consecutive years and currently yields 1.77%. The most recent dividend was $0.4950/share on Apr 30, 2026, paid Quarterly.
MGRC
Current Yield
1.77%
TTM Dividend/Share
$1.95
Payment Frequency
Quarterly
Payout Ratio
31.0%
Consecutive Growth Years
28 (Dividend Champion)
Div Growth (1Y CAGR)
2.12%
Div Growth (5Y CAGR)
3.37%
Div Growth (10Y CAGR)
6.85%
MGRC: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
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
8 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 31.0%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($8.59) covers dividend/share ($1.95).
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%) ≤ EPS growth (5.5%) — sustainable.
Per-payment dividend 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 RentCorp 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.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for McGrath RentCorp (MGRC) from the consolidated cash flow statement, in USD as filed.
Latest period
$48.31M
YoY change
+2.4%
5Y CAGR
+3.8%
Peak year (2025)
$47.90M
Latest annual
$47.90M
Cash dividends paid over time for McGrath RentCorp (MGRC)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for McGrath RentCorp (MGRC)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $47.90M | +2.4% | +$1.14M | ||
| 2024 | $46.76M | +2.6% | +$1.20M | ||
| 2023 | $45.56M | +2.9% | +$1.29M | ||
| 2022 | $44.27M | +4.9% | +$2.09M | ||
| 2021 | $42.18M | +6.1% | +$2.41M | ||
| 2020 | $39.77M | +11.9% | +$4.23M | ||
| 2019 | $35.54M | +14.9% | +$4.60M | ||
| 2018 | $30.94M | +24.4% | +$6.06M | ||
| 2017 | $24.88M | +1.8% | +$428,000 | ||
| 2016 | $24.45M | -5.2% | -$1.33M | ||
| 2015 | $25.78M | +0.9% | +$228,000 | ||
| 2014 | $25.55M | +4.6% | +$1.13M | ||
| 2013 | $24.42M | +5.6% | +$1.30M | ||
| 2012 | $23.13M | +3.9% | +$874,000 | ||
| 2011 | $22.25M | +4.0% | +$862,000 | ||
| 2010 | $21.39M | +4.8% | +$976,000 | ||
| 2009 | $20.41M | +9.9% | +$1.85M | ||
| 2008 | $18.57M | +5.1% | +$895,000 | ||
| 2007 | $17.67M | +14.3% | +$2.21M | ||
| 2006 | $15.46M | +18.3% | +$2.39M | ||
| 2005 | $13.07M | +24.9% | +$2.61M | ||
| 2004 | $10.46M | +10.2% | +$968,000 | ||
| 2003 | $9.49M | +12.1% | +$1.02M | ||
| 2002 | $8.47M | +11.7% | +$886,000 | ||
| 2001 | $7.58M | +13.6% | +$907,000 | ||
| 2000 | $6.67M | +9.4% | +$575,000 | ||
| 1999 | $6.10M | +13.0% | +$700,000 | ||
| 1998 | $5.40M | +17.4% | +$800,000 | ||
| 1997 | $4.60M | +12.2% | +$500,000 | ||
| 1996 | $4.10M | +7.9% | +$300,000 | ||
| 1995 | $3.80M | +5.6% | +$200,000 | ||
| 1994 | $3.60M | +12.5% | +$400,000 | ||
| 1993 | $3.20M | +6.7% | +$200,000 | ||
| 1992 | $3.00M | +15.4% | +$400,000 | ||
| 1991 | $2.60M | +44.4% | +$800,000 | ||
| 1990 | $1.80M | — | +$1.80M | ||
| 1989 | $0 | — | — |
The 2025 reading of McGrath RentCorp (MGRC) dividends paid is $47.90M – edged up 2.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, McGrath RentCorp dividends paid compounded at +3.8% per year, sustaining 9 straight years of year-over-year growth.
2025 marks the peak dividends paid at $47.90M, with the historical low of $0 recorded in 1989.
Among 8 Industrials peers, McGrath RentCorp (MGRC) ranks 8th; the peer median for dividends paid is $2.23B.
McGrath RentCorp Dividends Paid 2025: $47.90M
McGrath RentCorp dividends paid in 2025 was $47.90M, edged up 2.4% from 2024. This figure represents the highest annual value in the available history.
McGrath RentCorp Dividends Paid 2024: $46.76M
McGrath RentCorp dividends paid in 2024 was $46.76M, edged up 2.6% from 2023.
McGrath RentCorp Dividends Paid 2023: $45.56M
McGrath RentCorp dividends paid in 2023 was $45.56M, edged up 2.9% from 2022.
McGrath RentCorp Dividends Paid 2022: $44.27M
McGrath RentCorp dividends paid in 2022 was $44.27M, edged up 4.9% from 2021.
McGrath RentCorp Dividends Paid 2021: $42.18M
McGrath RentCorp dividends paid in 2021 was $42.18M.
See more financial history for McGrath RentCorp (MGRC).
Sector peers by dividends paid
Companies in the same sector as McGrath RentCorp, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| RTX (RTX) | $3.57B | Industrials |
| Union Pacific (UNP) | $3.24B | Industrials |
| Honeywell International (HON) | $2.98B | Industrials |
| Caterpillar (CAT) | $2.75B | Industrials |
| Deere & Company (DE) | $1.72B | Industrials |
| Eaton Corporation (ETN) | $1.63B | Industrials |
| GE Aerospace (GE) | $1.45B | Industrials |
| Boeing (BA) | $0 | Industrials |
Frequently asked questions
Does McGrath RentCorp pay dividends?
Yes, McGrath RentCorp (MGRC) pays quarterly dividends of approximately $1.95 per share annually, yielding 1.77%.
What is McGrath RentCorp's dividend yield?
McGrath RentCorp (MGRC) has a current dividend yield of 1.77%.
Is McGrath RentCorp's dividend safe?
McGrath RentCorp (MGRC) passes 8 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has McGrath RentCorp increased its dividend?
McGrath RentCorp (MGRC) has 28 consecutive years of dividend increases.
What is McGrath RentCorp's dividend payout ratio?
McGrath RentCorp (MGRC) has a dividend payout ratio of 31.0%. 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).
What is McGrath RentCorp's dividends paid?
Latest reported dividends paid for McGrath RentCorp (MGRC) is $48.31M (period ending March 31, 2026).
How has McGrath RentCorp dividends paid changed year-over-year?
McGrath RentCorp (MGRC) dividends paid changed +2.4% year-over-year on the latest annual filing.
What is the long-term growth rate of McGrath RentCorp dividends paid?
McGrath RentCorp (MGRC) dividends paid compound annual growth rate is +3.8% over the most recent 5 years available.
When did McGrath RentCorp dividends paid hit its highest annual value?
McGrath RentCorp dividends paid reached its highest annual value of $47.90M in 2025.
What was McGrath RentCorp dividends paid in 2024?
McGrath RentCorp (MGRC) dividends paid in 2024 was $46.76M.
What was McGrath RentCorp dividends paid in 2025?
McGrath RentCorp (MGRC) dividends paid in 2025 was $47.90M.
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