DIVIDEND ANNOUNCEMENT: McGrath RentCorp (NASDAQ:MGRC) on 09/15/2022 declared a dividend of $0.4550 per share

McGrath RentCorp (NASDAQ:MGRC) on 09/15/2022 declared a dividend of $ 0.4550 per share payable on October 31, 2022 to shareholders of record as of October 17, 2022.

McGrath RentCorp (NASDAQ:MGRC) has paid dividends since 1990, has a current dividend yield of 2.1234395504% and has increased its dividends for 19 successive years.

McGrath RentCorp's market cap is $ 2,089,438,380 and has a PE ratio of 21.70. The stock price closed yesterday at $ 85.71 and has a 52 week low/high of $ 68.03 and $ 91.37.

McGrath RentCorp is a business-to-business rental company with four rental divisions: relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. Although Co.'s primary focus is on equipment rentals, sales of equipment occur in the normal course of business. Co. is comprised of four reportable business segments: its modular building and portable storage segment; its electronic test equipment segment; its containment solutions for the storage of hazardous and non-hazardous liquids and solids segment; and its classroom manufacturing business selling modular buildings used primarily as classrooms in California.

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