McGrath RentCorp Dividends and Buybacks
Dividend criteria checks 5/6
McGrath RentCorp is a dividend paying company with a current yield of 1.57% that is well covered by earnings.
Key information
1.6%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | -6.1% |
| 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'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 04Is McGrath RentCorp (NASDAQ:MGRC) A Risky Investment?
Oct 13Stability 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) | 1.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Trade Distributors) | 1.3% |
| Analyst forecast (MGRC) (up to 3 years) | 1.6% |
Notable Dividend: MGRC's dividend (1.57%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: MGRC's dividend (1.57%) is low compared to the top 25% of dividend payers in the US market (4.21%).
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.