Does MGRC pay a dividend?

Yes. McGrath RentCorp pays a quarterly dividend, currently yielding 1.75% based on trailing twelve-month payments of $1.96 per share.

How much does MGRC pay in dividends?

$1.96 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next MGRC ex-dividend date?

The next ex-dividend date on record is October 16, 2026, with payment on October 30, 2026. You must own the shares before the ex-dividend date to receive that payment.

MGRC Dividend

McGrath RentCorp

NASDAQIndustrialsStockData as of August 12, 2026

Dividend yield: 1.75%
Annual dividend: $1.96
Payout ratio: 0.32
Frequency: Quarterly
Share price: $111.96
Market cap: $2.7B

Next payment

Ex-dividend date: October 16, 2026Pay date: October 30, 2026Amount: $0.4950

You must own the shares before the ex-dividend date to receive this payment.

Is MGRC a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is below the market median1.75% against a median of 2.92%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
Dividend is comfortably coveredA payout ratio of 0.32 means roughly 32% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut onceAcross 36 complete years, the annual total fell in 1991. The most recent reduction was in 1991.
Raised for 27 consecutive yearsA long record of increases suggests both the cash generation to fund them and a management commitment to maintaining them. This figure is derived from payment history and is approximate.

MGRC dividend history

Annual dividend per share, 1990 to 2025.

Peak $1.94 in 2025Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for MGRC, most recent first.
Ex-dividend date	Pay date	Amount	Type
July 17, 2026	July 31, 2026	$0.4950	Quarterly
April 16, 2026	April 30, 2026	$0.4950	Quarterly
January 16, 2026	January 30, 2026	$0.4850	Quarterly
October 17, 2025	October 31, 2025	$0.4850	Quarterly
July 17, 2025	July 31, 2025	$0.4850	Quarterly
April 16, 2025	April 30, 2025	$0.4850	Quarterly
January 17, 2025	January 31, 2025	$0.4750	Quarterly
October 17, 2024	October 31, 2024	$0.4750	Quarterly
July 17, 2024	July 31, 2024	$0.4750	Quarterly
April 15, 2024	April 30, 2024	$0.4750	Quarterly
January 16, 2024	January 31, 2024	$0.4650	Quarterly
October 16, 2023	October 31, 2023	$0.4650	Quarterly
July 14, 2023	July 31, 2023	$0.4650	Quarterly
April 13, 2023	April 28, 2023	$0.4650	Quarterly
January 13, 2023	January 31, 2023	$0.4550	Quarterly
October 14, 2022	October 31, 2022	$0.4550	Quarterly
July 14, 2022	July 29, 2022	$0.4550	Quarterly
April 13, 2022	April 29, 2022	$0.4550	Quarterly
January 13, 2022	January 31, 2022	$0.4350	Quarterly
October 14, 2021	October 29, 2021	$0.4350	Quarterly
July 15, 2021	July 30, 2021	$0.4350	Quarterly
April 14, 2021	April 30, 2021	$0.4350	Quarterly
January 14, 2021	January 29, 2021	$0.4200	Quarterly
October 15, 2020	October 30, 2020	$0.4200	Quarterly
July 16, 2020	July 31, 2020	$0.4200	Quarterly
April 14, 2020	April 30, 2020	$0.4200	Quarterly
January 16, 2020	January 31, 2020	$0.3750	Quarterly
October 16, 2019	October 31, 2019	$0.3750	Quarterly
July 16, 2019	July 31, 2019	$0.3750	Quarterly
April 12, 2019	April 30, 2019	$0.3750	Quarterly
January 16, 2019	January 31, 2019	$0.3400	Quarterly
October 16, 2018	October 31, 2018	$0.3400	Quarterly
July 16, 2018	July 31, 2018	$0.3400	Quarterly
April 13, 2018	April 30, 2018	$0.3400	Quarterly
January 16, 2018	January 31, 2018	$0.2600	Quarterly
October 16, 2017	October 31, 2017	$0.2600	Quarterly
July 13, 2017	July 31, 2017	$0.2600	Quarterly
April 11, 2017	April 28, 2017	$0.2600	Quarterly
January 12, 2017	January 31, 2017	$0.2550	Quarterly
October 13, 2016	October 31, 2016	$0.2550	Quarterly

How much would MGRC pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate MGRC dividend income →

MGRC appears in

Closest to MGRC on yield.

Browse all dividend stocks A-Z →

Frequently asked questions

Does MGRC pay a dividend?: Yes. McGrath RentCorp pays a quarterly dividend, currently yielding 1.75% based on trailing twelve-month payments of $1.96 per share.
How much does MGRC pay in dividends?: $1.96 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next MGRC ex-dividend date?: The next ex-dividend date on record is October 16, 2026, with payment on October 30, 2026. You must own the shares before the ex-dividend date to receive that payment.