McGrath RentCorp Dividends and Buybacks
Dividend criteria checks 5/6
McGrath RentCorp is a dividend paying company with a current yield of 1.52% that is well covered by earnings.
Key information
1.5%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 7.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.900 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
McGrath RentCorp: Modular Segment Should Lead Growth Ahead
Dec 31McGrath RentCorp's (NASDAQ:MGRC) Dividend Will Be $0.475
Sep 18
McGrath RentCorp: Still In Play, Especially If Bullish On WillScot Mobile
Jun 28WillScot Mobile - McGrath RentCorp Merger: Potential Double-Digit Returns
Jun 13WillScot's Offer Undervalues McGrath
Jan 31Is Now The Time To Put McGrath RentCorp (NASDAQ:MGRC) On Your Watchlist?
Jan 03Risks To Shareholder Returns Are Elevated At These Prices For McGrath RentCorp (NASDAQ:MGRC)
Dec 19A Look At The Fair Value Of McGrath RentCorp (NASDAQ:MGRC)
Dec 06We Think McGrath RentCorp (NASDAQ:MGRC) Can Stay On Top Of Its Debt
Nov 23Is McGrath RentCorp (NASDAQ:MGRC) A Risky Investment?
Aug 11Here's Why We Think McGrath RentCorp (NASDAQ:MGRC) Is Well Worth Watching
Jul 24Is McGrath RentCorp (NASDAQ:MGRC) Using Too Much Debt?
May 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGRC's dividends per share have been stable in the past 10 years.
Growing Dividend: MGRC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| McGrath RentCorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MGRC) | 1.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Trade Distributors) | 1.5% |
| Analyst forecast (MGRC) (up to 3 years) | 1.5% |
Notable Dividend: MGRC's dividend (1.52%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: MGRC's dividend (1.52%) is low compared to the top 25% of dividend payers in the US market (4.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.6%), MGRC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.8%), MGRC's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 04:54 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
McGrath RentCorp is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Samuel England | Berenberg |
| Daniel Moore | CJS Securities, Inc. |
| Joe Box | KeyBanc Capital Markets Inc. |