McGrath RentCorp
MGRC34 yrs growthIndustrials · Stock · quarterly payer
Forward Yield
1.78%
Annual Dividend
$1.96
Payout Ratio
31%
5-Yr Growth
3.4%
Ex-Date
Jul 17, 2026
Frequency
Quarterly
Summary
As of September 2026, McGrath RentCorp (MGRC) yields 1.78% ($1.96 per share annually), with a blended fair-value estimate of $209.23 — +90% upside, so it screens as undervalued. Dividend safety grade: A (96/100). 34 years of dividend growth.
Is MGRC a good dividend stock?
YesMcGrath RentCorp (MGRC) pays a quarterly dividend yielding 1.78% ($1.96/yr), with 34 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 34 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (31%)
- 53% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.78%
- Payout Ratio
- 31%
- Annual Dividend
- $1.96
- 5-Yr Avg Growth
- 3.4%
- Ex-Dividend Date
- Jul 17, 2026
- Years of Growth
- 34
- Frequency
- quarterly
- Beta
- 0.45
- Market Cap
- $2.7B
- P/E Ratio
- 17.7
- 5-Yr Total Return
- 53%
- 52-Week Range
- $94.99 – $125.83
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
Frequently Asked Questions
MGRC Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
+10%
5 Years
+53%
52-Week Range
$94.99 – $125.83
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MGRC worth?
Undervaluedlow confidenceOur blended fair-value estimate for McGrath RentCorp is $209.23 per share, versus a market price of $110.40. That implies 90% of upside — a margin of safety of about 47%.
Fair Value
$209.23
Current Price
$110.40
Upside
+90%
Margin of Safety
47%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 14.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 14.5% stage-1 growth, 2.5% terminal growth, $6.22 EPS, $1.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MGRC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 17, 2026 | — | $0.4950 | regular |
| Apr 16, 2026 | — | $0.4950 | regular |
| Jan 16, 2026 | — | $0.4850 | regular |
| Oct 17, 2025 | — | $0.4850 | regular |
| Jul 17, 2025 | — | $0.4850 | regular |
| Apr 16, 2025 | — | $0.4850 | regular |
| Jan 17, 2025 | — | $0.4750 | regular |
| Oct 17, 2024 | — | $0.4750 | regular |
| Jul 17, 2024 | — | $0.4750 | regular |
| Apr 15, 2024 | — | $0.4750 | regular |
| Jan 16, 2024 | — | $0.4650 | regular |
| Oct 16, 2023 | — | $0.4650 | regular |
| Jul 14, 2023 | — | $0.4650 | regular |
| Apr 13, 2023 | — | $0.4650 | regular |
Income Calculator
At $1.96 / yr per share
