McGrath Declares Quarterly Dividend
December 08 2022 - 4:01PM
Business Wire
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq:
MGRC), a leading business-to-business rental company in North
America, today declared a quarterly cash dividend of $0.455 per
common share for the quarter ended December 31, 2022. The dividend
will be payable on January 31, 2023 to all shareholders of record
on January 17, 2023. The year 2022 marks 31 consecutive years that
McGrath RentCorp has raised its dividend to shareholders.
ABOUT MCGRATH:
McGrath RentCorp (Nasdaq: MGRC) is a leading
business-to-business rental company in North America with a strong
record of profitable business growth. Founded in 1979, McGrath’s
operations are centered on modular solutions through its Mobile
Modular and Mobile Modular Portable Storage businesses.
In addition, its TRS-RenTelco business offers electronic
test equipment rental solutions, and its Adler Tank Rentals
business provides environmental containment solutions for hazardous
and nonhazardous liquids and solids. The Company’s rental product
offerings and services are part of the circular supply economy,
helping customers work more efficiently, and sustainably manage
their environmental footprint. With over 40 years of experience,
McGrath’s success is driven by a focus on exceptional customer
experiences. This focus has underpinned the Company’s long-term
financial success and supported over 30 consecutive years of annual
dividend increases to shareholders, a rare distinction among
publicly listed companies.
Headquartered in Livermore, California. Additional information
about McGrath and its businesses is available at mgrc.com and
investors.mgrc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221208005681/en/
Keith E. Pratt EVP & Chief Financial Officer
925-606-9200
McGrath RentCorp (NASDAQ:MGRC)
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