McGrath RentCorp (MGRC) will raise its quarterly dividend to $0.255 per share.
McGrath RentCorp is a diversified business-to-business rental company. The company’s Mobile Modular division rents and sells modular buildings to fulfill customers’ temporary and permanent classroom and office space needs. The company’s TRS-RenTelco division rents and sells electronic test equipment and the company’s Adler Tank Rentals subsidiary rents and sells containment solutions for hazardous and nonhazardous liquids and solids.