U.S. Markets close in 4 hrs 26 mins

McGrath RentCorp (MGRC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
72.64-0.06 (-0.08%)
As of 11:30AM EST. Market open.
Full screen
Loading interactive chart...
  • Benzinga

    Understanding McGrath RentCorp's Ex-Dividend Date

    On December 10, 2020, McGrath RentCorp (NASDAQ:MGRC) declared a dividend payable on January 29, 2021 to its shareholders. McGrath RentCorp also announced that shareholders on the company's books on or before January 15, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. McGrath RentCorp, which has a current dividend per share of $0.42, has an ex-dividend date scheduled for January 14, 2021. That equates to a dividend yield of 2.6% at current price levels.What Is An Ex-Dividend Date? An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.Understanding McGrath RentCorp's Dividend Payouts And Yields Over the past year, McGrath RentCorp has experienced an overall upward trend regarding its dividend payouts and yields. Last year on January 16, 2020 the company's payout was $0.38, which has since grown by $0.04. Similarly, McGrath RentCorp's dividend yield in last year was 2.03%, which has since grown by 0.57%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.Click here to find details on McGrath RentCorp's previous dividends.See more from Benzinga * Click here for options trades from Benzinga * Ex-Dividend Date Insight: Oxford Industries * Earnings Outlook for First Republic Bank(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • McGrath RentCorp (NASDAQ:MGRC) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
    Simply Wall St.

    McGrath RentCorp (NASDAQ:MGRC) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

    Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

  • McGrath RentCorp Announces Smita Conjeevaram Elected to Board
    Business Wire

    McGrath RentCorp Announces Smita Conjeevaram Elected to Board

    McGrath RentCorp (NASDAQ: MGRC) (the "Company"), a diversified business-to-business rental company, today announced the appointment of Smita Conjeevaram to the Company’s Board of Directors.