McGrath RentCorp (MGRC) Dividend Calculator
McGrath RentCorp · how much MGRC pays you, by shares or dollars · updated
100 shares of McGrath RentCorp (MGRC) pay $198.00 a year in dividends, about $49.50 each quarter, at the current quarterly dividend of $0.4950 per share (as of Nov 5, 2026). At the $128.89 share price that is a 1.54% yield, so $10,000 buys about 77.6 shares and pays about $154 a year.
Per share, a year
$1.98
100 shares, a year
$198.00
$10,000 invested, a year
$153.62
Shares for $1,000 a month
6,061
MGRC McGrath RentCorp
$128.89 · $1.98/yr dividend · 1.49% yield · quarterly
Annual income
$198.00
Monthly (average)
$16.50
Per payment (quarterly)
$49.50
Dividend yield
1.54%
Yield on cost
—
Enter your cost
Position value
$12,889
Your payments over the next 12 months
Based on MGRC's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 3.37% a year
Same shares, no reinvestment. Year 10: $267 · 10-year total: $2,309. Add reinvestment in the DRIP calculator →
How many MGRC shares for a monthly income
Shares and money needed to earn each monthly amount from McGrath RentCorp dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 607 | $78,236 |
| $250 a month | 1,516 | $195,397 |
| $500 a month | 3,031 | $390,666 |
| $1,000 a month | 6,061 | $781,202 |
| $2,000 a month | 12,122 | $1,562,405 |
| $5,000 a month | 30,304 | $3,905,883 |
What 100 shares of MGRC paid each year
Holding 100 shares, you would have received $101.50 in 2016 and $193.00 in 2025, up 90%, without buying another share. If the dividend kept growing 3.4% a year, its five-year pace, the same 100 shares would pay about $267 in year 10. That is a projection, not a promise.
How the MGRC dividend is calculated
Yearly income = shares × $1.98
Each payment = shares × $0.4950
Shares for a monthly income = (monthly goal × 12) ÷ $1.98
The rate is McGrath RentCorp's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the MGRC dividend safety grade before counting on it.
Key facts: McGrath RentCorp (MGRC) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of McGrath RentCorp (MGRC) pay $198.00 a year in dividends before tax, about $49.50 each quarter, at $1.98 per share a year.
- At its Nov 5, 2026 share price of $128.89, MGRC yields 1.54%: $10,000 buys about 77.6 shares, which pay about $153.62 a year.
- Earning $1,000 a month ($12,000 a year) from MGRC dividends alone takes about 6,061 shares, roughly $781,202 at today's price, before tax.
- 100 shares of MGRC paid $101.50 in dividends in 2016 and $193.00 in 2025, up 90%.
Cite this page
SmarterDividends, "McGrath RentCorp (MGRC) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/MGRC/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of MGRC pay?
As of Nov 5, 2026, 100 shares of McGrath RentCorp (MGRC) pay $198.00 a year in dividends before tax, about $49.50 each quarter, at $1.98 per share a year.
How much dividend does 1,000 shares of MGRC pay?
About $1,980 a year before tax, or $495.00 each quarter, at McGrath RentCorp's current rate of $1.98 per share a year. Buying 1,000 shares costs about $128,890 at the Nov 5, 2026 price.
How many shares of MGRC do I need to make $1,000 a month?
About 6,061 shares. $1,000 a month is $12,000 a year; divided by $1.98 a share, that's 6,061 shares, or about $781,202 at today's $128.89 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in MGRC to make $100 a month?
About $78,115. $100 a month is $1,200 a year, and at a 1.54% yield that takes $78,115, or about 607 shares.
How often does McGrath RentCorp pay dividends?
McGrath RentCorp (MGRC) pays every quarter, usually in January, April, July and October, so you get 4 payments a year of about $0.4950 per share each.
How is the MGRC dividend calculated?
Multiply your shares by the dividend per share. McGrath RentCorp pays about $1.98 per share a year, so each share earns $1.98 a year and $0.4950 each quarter. Shares bought on or after the ex-dividend date don't get the next payment.
Are MGRC dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to MGRC