Does McGrath RentCorp (MGRC) Pay a Dividend? (2026)
Last updated July 2026
Short answer
McGrath RentCorp (MGRC) pays a dividend with an approximate yield of ~19x / ~1.7% as of early 2026, typically quarterly. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does McGrath RentCorp (MGRC) pay a dividend?
Yes. McGrath RentCorp distributes an approximate ~19x / ~1.7% yield (early 2026), usually quarterly. First-quarter 2026 revenue rose about 2% to roughly $198.5 million, with rental operations up around 5% while equipment sales fell, and diluted EPS slipped modestly to about $1.10. Full-year guidance points to roughly $945 million to $995 million in revenue and $360 million to $378 million in adjusted EBITDA. The valuation, near 19 times earnings with a yield around 1.7%, reflects a quality, steady-compounder profile rather than a growth or deep-value setup.
MGRC dividend at a glance
| 2026-07-17 | $0.495 |
| 2026-04-16 | $0.495 |
| 2026-01-16 | $0.485 |
| 2025-10-17 | $0.485 |
| 2025-07-17 | $0.485 |
| 2025-04-16 | $0.485 |
MGRC dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with MGRC's investor relations page before relying on it.
How to think about MGRC's dividend
- Yield is a snapshot: ~19x / ~1.7% today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like MGRC.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the MGRC dividend
McGrath RentCorp (MGRC) pays an approximate ~19x / ~1.7% dividend, so it offers some income but is held mostly for total return, not yield. For the full picture see the MGRC guide. Walnut can show how MGRC fits your real portfolio. It is not an investment adviser.
Build a basket around MGRC with Walnut
Use McGrath RentCorp as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does McGrath RentCorp (MGRC) pay a dividend?
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McGrath RentCorp has an approximate dividend yield of ~19x / ~1.7% (early 2026). Yields move with price and payout, so treat this as a recent snapshot and verify the current figure with your broker or MGRC's investor relations page.
What is MGRC's dividend yield?
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Approximately ~19x / ~1.7% as of early 2026 (approximate, verify). Remember a higher yield is not automatically better: it can reflect a falling share price as much as a generous payout.
How often does MGRC pay its dividend?
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US companies that pay dividends, like McGrath RentCorp if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on MGRC's investor relations page before relying on the timing.
Can I reinvest MGRC dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any MGRC dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is MGRC a good dividend stock?
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Walnut is informational, not investment advice. With an approximate ~19x / ~1.7% yield, MGRC is more of an income name. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Does MGRC pay a dividend?
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Yes. McGrath RentCorp pays a quarterly dividend and has increased it for more than 35 consecutive years. The recent annual rate was about $1.95 per share, a yield near 1.7%, making it a name often held for income and consistency.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with MGRC's investor relations page or your broker.