McGrath RentCorp (NASDAQ: MGRC), a diversified business to business rental company, today announced its participation in the following upcoming event with the financial community:
Oppenheimer 7th Annual Industrials Conference
Tuesday, May 15, 2015
10:40 a.m. – 11:15 a.m. EDT
InterContinental The Barclay Hotel, New York City
Presenting for McGrath RentCorp will be Dennis Kakures, president and chief executive officer; and Keith Pratt, senior vice president and chief financial officer. The presentation is scheduled to be webcast live and will be available in the investor relations section of the Company's website at www.mgrc.com. Copies of the presentation slides will also be posted in the investor relations section of the Company’s website, in addition to an audio archive of the webcast. ABOUT MCGRATH RENTCORP Founded in 1979, McGrath RentCorp is a diversified business-to-business rental company. Under the trade name Mobile Modular Management Corporation (Mobile Modular), it rents and sells modular buildings to fulfill customers’ temporary and permanent classroom and office space needs in California, Texas, Florida, North Carolina, Georgia, Maryland, Virginia and Washington, D.C. The Company’s TRS-RenTelco division rents and sells electronic test equipment and is one of the leading rental providers of general purpose and communications test equipment in the Americas. In 2008, the Company purchased the assets of Adler Tank Rentals, a New Jersey based supplier of rental containment solutions for hazardous and nonhazardous liquids and solids with operations today in the Northeast, Mid-Atlantic, Midwest, Southeast, Southwest and West. Also, in 2008, under the trade name TRS-Environmental, the Company entered the environmental test equipment rental business serving the Americas. In 2008, the Company also entered the portable storage container rental business in Northern California under the trade name Mobile Modular Portable Storage, and in 2009 expanded this business into Southern California, Texas and Florida. For more information on McGrath RentCorp and its operating units, please visit our websites:
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. McGrath RentCorp presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of McGrath RentCorp were yielding above the 3% mark based on its quarterly dividend (annualized to $0.98), with the stock changing hands as low as $32.61 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.