SmarterDividends
MGRC

McGrath RentCorp

MGRC35 yrs growth

Industrials · Stock · quarterly payer

Forward Yield

1.79%

Annual Dividend

$1.96

Payout Ratio

31%

5-Yr Growth

2.9%

Ex-Date

Jul 17, 2026

Frequency

Quarterly

MGRC Dividend Safety Score

97/ 100
Grade A

Very Safe

Dividend-growth streak34 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage31% of earnings paid out
Free-cash-flow coverage48% of free cash flow
Balance-sheet strengthDebt/equity of 0.44
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is MGRC a good dividend stock?

Yes

McGrath RentCorp (MGRC) pays a quarterly dividend yielding 1.79% ($1.96/yr), with 35 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 35 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (31%)
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.79%
Payout Ratio
31%
Annual Dividend
$1.96
5-Yr Avg Growth
2.9%
Ex-Dividend Date
Jul 17, 2026
Years of Growth
35
Frequency
quarterly
Beta
0.44
Market Cap
$2.7B
P/E Ratio
17.4
5-Yr Total Return
34%
52-Week Range
$94.99 – $128.41
Dividend Safety
A · 97/100
Ever Cut?
No
MGRC ex-dividend date & scheduleNext ex-date Jul 17, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.96 / yr per share

Per payment (quarterly)$49.00
Annual$196.00
Monthly avg$16.33