McGrath Declares Quarterly Dividend
December 07 2023 - 4:01PM
Business Wire
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq:
MGRC), a leading business-to-business rental company in North
America, today announced the Board of Directors’ declaration of a
quarterly cash dividend of $0.465 per common share for the quarter
ended December 31, 2023. The dividend will be payable on January
31, 2024 to all shareholders of record on January 17, 2024. The
year 2023 marks 32 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. 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.
McGrath is 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/20231207213036/en/
Keith E. Pratt EVP & Chief Financial Officer
925-606-9200
McGrath RentCorp (NASDAQ:MGRC)
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