McGrath RentCorp Stock Dividends
MGRC pays dividends quarterly. Last paid amount was $0.465 at Jan 31, 2024. As of today, dividend yield (TTM) is 1.74%.
Dividend Yield Range
AI Analysis of MGRC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.74% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 2.15% |
| Payout Ratio | 0 |
| Amount Per Share | $0.475 |
| Next Ex-Dividend Date | Apr 15, 2024 |
| Next Payment Date | Apr 30, 2024 |
MGRC Dividend Payout History
To ensure a understanding of MGRC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 21, 2024 | Apr 15, 2024 | Apr 30, 2024 | $0.475 | 0.425% |
| 2 | Dec 07, 2023 | Jan 16, 2024 | Jan 31, 2024 | $0.465 | 0.370% |
| 3 | Sep 15, 2023 | Oct 16, 2023 | Oct 31, 2023 | $0.465 | 0.462% |
| 4 | Jun 07, 2023 | Jul 14, 2023 | Jul 31, 2023 | $0.465 | 0.482% |
| 5 | Feb 22, 2023 | Apr 13, 2023 | Apr 28, 2023 | $0.465 | 0.523% |
| 6 | Dec 08, 2022 | Jan 13, 2023 | Jan 31, 2023 | $0.455 | 0.457% |
| 7 | Sep 15, 2022 | Oct 14, 2022 | Oct 31, 2022 | $0.455 | 0.484% |
| 8 | Jun 08, 2022 | Jul 14, 2022 | Jul 29, 2022 | $0.455 | 0.539% |
| 9 | Feb 23, 2022 | Apr 13, 2022 | Apr 29, 2022 | $0.455 | 0.545% |
| 10 | Dec 09, 2021 | Jan 13, 2022 | Jan 31, 2022 | $0.435 | 0.571% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
MGRC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MGRC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MGRC stock here.
Comparing MGRC to Sector and Country
MGRC pays a solid dividend yield of 1.74%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.521%). MGRC’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.39%), which means that there are more attractive dividend stocks to consider.
MGRC Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Star Bulk Carriers | 2.802B | $0.450 | 7.22% | 91.07% | |
| Golden Ocean | 2.759B | $0.300 | 6.13% | 89.09% | |
| McGrath RentCorp | 2.742B | $0.475 | 1.74% | 27.15% | |
| Primoris Services Corporation | 2.435B | $0.0600 | 0.709% | 10.13% | |
| CSW Industrials | 3.692B | $0.210 | 0.525% | 11.85% |
