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McGrath RentCorp (McGrath RentCorp) Forward Dividend Yield % : 1.74% (As of Apr. 26, 2024)


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What is McGrath RentCorp Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of McGrath RentCorp is 1.74%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of McGrath RentCorp is 1.71%.

MGRC's Forward Dividend Yield % is ranked worse than
74.83% of 592 companies
in the Business Services industry
Industry Median: 3.16 vs MGRC: 1.74

McGrath RentCorp's Dividends per Share for the three months ended in Dec. 2023 was $0.47.

During the past 12 months, McGrath RentCorp's average Dividends Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of McGrath RentCorp was 20.30% per year. The lowest was 2.00% per year. And the median was 11.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of McGrath RentCorp's Forward Dividend Yield %

For the Rental & Leasing Services subindustry, McGrath RentCorp's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McGrath RentCorp's Forward Dividend Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, McGrath RentCorp's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where McGrath RentCorp's Forward Dividend Yield % falls into.



McGrath RentCorp Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

McGrath RentCorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4752024-04-152024-04-162024-04-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.4652024-01-162024-01-172024-01-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.4652023-10-162023-10-172023-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.4652023-07-142023-07-172023-07-31Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

McGrath RentCorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.9/109.3702
=1.74 %

Current Share Price is $109.3702.
McGrath RentCorp's Dividends per Share for the forward twelve months is calculated as $0.475 * 4 = $1.9.

McGrath RentCorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.87/109.3702
=1.71 %

Current Share Price is $109.3702.
McGrath RentCorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.87.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


McGrath RentCorp  (NAS:MGRC) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


McGrath RentCorp Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of McGrath RentCorp's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


McGrath RentCorp (McGrath RentCorp) Business Description

Traded in Other Exchanges
Address
5700 Las Positas Road, Livermore, CA, USA, 94551-7800
McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.
Executives
Trease Kristina Van officer: VP & Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
David M Whitney officer: VP, Controller, PAO 5700 LOS POSITAS ROAD, LIVERMORE CA 94551
Elizabeth A Fetter director 1400 MARINA WAY SOUTH, RICHMOND CA 94804
Philip B Hawkins officer: VP & Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Tara Wescott officer: Vice President Human Resources C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
John Lieffrig officer: VP & Division Manager C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
John P Skenesky officer: VP and Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Gilda Malek officer: VP, Legal General Counsel C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Dennis P Stradford director
Kimberly Ann Box director 7157 TREELINE CT., GRANITE BAY CA 95746
Nicolas C Anderson director 3100 ZINFANDEL DRIVE, STE. 450, RANCHO CORDOVA CA 95670
Stuart Templeton Porter officer: VP & Division Manager C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Kay Dashner officer: Senior Human Resources Advisor 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Morris Richard Smith director 1225 17TH STREET, SUITE 1300, DENVER CO 80202
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708

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