McGrath RentCorp hikes dividend by 30.8% Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
McGrath Rentcorp	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
McGrath Rentcorp	MGRC	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

McGrath RentCorp hikes dividend by 30.8%

Tuesday 27 February 2018

McGrath RentCorp hikes dividend by 30.8%

McGrath RentCorp (MGRC) will raise its quarterly dividend by 30.8 percent to $0.34 per share in the first quarter of 2018. This follows a 2 percent dividend hike last year. The new dividend yield for MGRC is 2.8%.

This marks the 26(th) consecutive year the Company has increased its annual dividend.

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.

McGrath Rentcorp

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