STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$1.89
Forward Annual Dividend Rate
$1.90
Yield
Trailing Annual Dividend Yield
1.59%
Forward Annual Dividend Yield
1.66%
Dividend Date
Dividend Date
Jul 31, 2025
Ex-dividend Date
Jul 17, 2025
2.08 %
32.75
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Jun 04, 2025 | 0.485 | Jul 17, 2025 | Jul 17, 2025 | Jul 31, 2025 |
| Feb 19, 2025 | 0.485 | Apr 16, 2025 | Apr 16, 2025 | Apr 30, 2025 |
| Dec 12, 2024 | 0.475 | Jan 17, 2025 | Jan 17, 2025 | Jan 31, 2025 |
| Sep 09, 2024 | 0.475 | Oct 17, 2024 | Oct 17, 2024 | Oct 31, 2024 |
| Jun 05, 2024 | 0.475 | Jul 17, 2024 | Jul 17, 2024 | Jul 31, 2024 |
| Feb 21, 2024 | 0.475 | Apr 15, 2024 | Apr 16, 2024 | Apr 30, 2024 |
| Dec 07, 2023 | 0.465 | Jan 16, 2024 | Jan 17, 2024 | Jan 31, 2024 |
| Sep 15, 2023 | 0.465 | Oct 16, 2023 | Oct 17, 2023 | Oct 31, 2023 |
| Jun 07, 2023 | 0.465 | Jul 14, 2023 | Jul 17, 2023 | Jul 31, 2023 |
| Feb 22, 2023 | 0.465 | Apr 13, 2023 | Apr 14, 2023 | Apr 28, 2023 |
| Dec 08, 2022 | 0.455 | Jan 13, 2023 | Jan 17, 2023 | Jan 31, 2023 |
| Sep 15, 2022 | 0.455 | Oct 14, 2022 | Oct 17, 2022 | Oct 31, 2022 |
| Jun 08, 2022 | 0.455 | Jul 14, 2022 | Jul 15, 2022 | Jul 29, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Mar 28, 2005 | 2:1 | +5.23% | -3.79% |
| Apr 28, 1997 | 2:1 | 0 | -2.38% |
| Apr 22, 1991 | 2:1 | +3.25% | -1.48% |
Frequently Asked Questions
Is McGrath RentCorp (MGRC) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. McGrath RentCorp is also among the companies that regularly pay dividends.
What is MGRC's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MGRC's annual dividend yield for the trailing 12 months is 1.59.
When did MGRC last pay a dividend?
MGRC last paid dividends on 2025-07-31, with the ex-dividend date being 2025-07-17.
When was the last time MGRC stock split?
MGRC stock split took place on 28-03-2005.
How did MGRC's stock split work?
Its last split took place on Mar 28, 2005, when McGrath RentCorp went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 MGRC share(s).