McGrath RentCorp Declares Quarterly Dividend
McGrath RentCorp (NASDAQ: MGRC) announced a quarterly cash dividend of $0.42 per common share for Q4 2020, payable on January 29, 2021, to shareholders on record by January 15, 2021. This marks the 29th consecutive year of dividend increases, showcasing the company's commitment to returning value to shareholders. McGrath RentCorp operates across four divisions, including Mobile Modular and TRS-RenTelco, focusing on modular buildings and electronic test equipment, respectively.
- Quarterly cash dividend of $0.42 per share demonstrates strong cash flow.
- 29 consecutive years of dividend increases highlights financial stability.
- None.
LIVERMORE, Calif.--(BUSINESS WIRE)--The Board of Directors of McGrath RentCorp (NASDAQ:MGRC), a diversified business-to-business rental company declared a quarterly cash dividend of
ABOUT MCGRATH RENTCORP
Founded in 1979, McGrath RentCorp (Nasdaq: MGRC) is a diversified business-to-business rental company providing modular buildings, electronic test equipment, portable storage and tank containment solutions across the United States and other select North American regions. The Company’s rental operations consist of four divisions: Mobile Modular rents and sells modular buildings to fulfill customers’ temporary and permanent classroom and office space needs; TRS-RenTelco rents and sells electronic test equipment; Adler Tank Rentals rents and sells containment solutions for hazardous and nonhazardous liquids and solids; and Mobile Modular Portable Storage provides portable storage rental solutions. For more information on McGrath RentCorp and its operating units, please visit our websites:
Corporate – www.mgrc.com
Modular Buildings – www.mobilemodular.com
Electronic Test Equipment – www.trsrentelco.com
Tanks and Boxes – www.adlertankrentals.com
Portable Storage – www.mobilemodularcontainers.com
School Facilities Manufacturing – www.enviroplex.com
