McGrath Rent Stock

McGrath Rent Dividend 2024

McGrath Rent Dividend

2.32 USD

McGrath Rent Dividend yield

2.24 %

Ticker

MGRC

ISIN

US5805891091

WKN

919322

How much dividend does McGrath Rent 2024 pay?

According to the latest status from September 2024, McGrath Rent paid a total of 2.32 USD per share in dividends within the last 12 months. With the current McGrath Rent price of 103.4 USD, this corresponds to a dividend yield of 2.24 %. A dividend is paid 4 times per year.

2.24 % Dividend Yield=
2.32 USD Dividend
103.4 USD Stock Price

Historical McGrath Rent Dividends

A dividend is paid 4 times per year. Last year, the payout months were February, May, August and November.

PaydateDividend
8/17/20240.48
5/15/20240.48
2/16/20240.47
11/16/20230.47
8/14/20230.47
5/13/20230.47
2/13/20230.46
11/14/20220.46
8/14/20220.46
5/13/20220.46
2/14/20220.44
2/13/20220.44
11/14/20210.44
8/15/20210.44
5/14/20210.44
2/14/20210.42
11/15/20200.42
8/16/20200.42
5/14/20200.42
2/16/20200.38
1
2
3
4
5
...
7

McGrath Rent dividend history and estimates

In 2023, McGrath Rent paid a dividend amounting to 2.32 USD. Dividend means that McGrath Rent distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for McGrath Rent provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify McGrath Rent’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating McGrath Rent's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

McGrath Rent Dividend History

DateMcGrath Rent Dividend
2026e2.49 undefined
2025e2.49 undefined
2024e2.49 undefined
20232.32 undefined
20222.24 undefined
20211.73 undefined
20201.63 undefined
20191.47 undefined
20181.28 undefined
20171.04 undefined
20161.02 undefined
20151 undefined
20140.98 undefined
20130.96 undefined
20120.93 undefined
20110.92 undefined
20100.9 undefined
20090.86 undefined
20080.78 undefined
20070.7 undefined
20060.62 undefined
20050.53 undefined
20040.43 undefined

Is the McGrath Rent Dividend Safe?

McGrath Rent has been increasing the dividend for 33 years.

Over the past 10 years, McGrath Rent has increased it by an annual 9.258 %.

Over a five-year period, the distribution increased by 12.582%.

Analysts expect a Dividend Increase of 3.763% for the current fiscal year.

McGrath Rent dividend payout ratio

In 2023, McGrath Rent had a payout ratio of 44.66%. The payout ratio indicates the percentage of the company's profits that McGrath Rent distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for McGrath Rent represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for McGrath Rent could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate McGrath Rent's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

McGrath Rent Payout Ratio History

DateMcGrath Rent Payout ratio
2026e45.78 %
2025e46.22 %
2024e46.45 %
202344.66 %
202247.55 %
202147.13 %
202039.3 %
201937.28 %
201839.51 %
201716.35 %
201663.44 %
201562.58 %
201455.71 %
201357.19 %
201252.53 %
201145.75 %
201059.67 %
200961.43 %
200845.35 %
200741.92 %
200638.04 %
200532.92 %
200435.54 %

Dividend Details

Understanding McGrath Rent's Dividend Distributions

McGrath Rent’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining McGrath Rent's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

McGrath Rent's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in McGrath Rent’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

McGrath Rent Aktienanalyse

What does McGrath Rent do?

McGrath RentCorp is an American company specializing in the rental of mobile offices, storage units, modular space, and sanitary technology for industrial and commercial use. It has three main subsidiaries, Mobile Modular, TRS-RenTelco, and Adler Tank Rentals, which cater to different niche segments. McGrath RentCorp is a leading provider in the industry with over 100 locations in the US and Canada. Its business model revolves around providing fast, efficient, and cost-effective rental solutions for construction companies, government agencies, schools, oil and gas companies, and industrial and commercial businesses. The company offers a wide range of products including mobile offices, classrooms, medical facilities, sanitary units, modular buildings, and large tanks for fluid and solid storage. McGrath RentCorp also operates internationally with locations in Canada, Guam, and the Philippines. McGrath Rent is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about McGrath Rent stock

How much dividend does McGrath Rent pay?

Over the past 12 months, McGrath Rent paid a dividend of 2.32 USD . This corresponds to a dividend yield of about 2.24 %. For the coming 12 months, McGrath Rent is expected to pay a dividend of 2.49 USD.

What is the dividend yield of McGrath Rent?

The current dividend yield of McGrath Rent is 2.24 %.

When does McGrath Rent pay dividends?

McGrath Rent pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of McGrath Rent?

McGrath Rent paid dividends every year for the past 33 years.

What is the dividend of McGrath Rent?

For the upcoming 12 months, dividends amounting to 2.49 USD are expected. This corresponds to a dividend yield of 2.41 %.

In which sector is McGrath Rent located?

McGrath Rent is assigned to the 'Industry' sector.

Wann musste ich die Aktien von McGrath Rent kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of McGrath Rent from 7/31/2024 amounting to 0.475 USD, you needed to have the stock in your portfolio before the ex-date on 7/17/2024.

When did McGrath Rent pay the last dividend?

The last dividend was paid out on 7/31/2024.

What was the dividend of McGrath Rent in the year 2023?

In the year 2023, McGrath Rent distributed 2.235 USD as dividends.

In which currency does McGrath Rent pay out the dividend?

The dividends of McGrath Rent are distributed in USD.

Andere Kennzahlen von McGrath Rent

Our stock analysis for McGrath Rent Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of McGrath Rent Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.