Reminder - McGrath RentCorp (MGRC) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 10/17/13, McGrath RentCorp (MGRC) will trade ex-dividend, for its quarterly dividend of $0.24, payable on 10/31/13. As a percentage of MGRC's recent stock price of $35.35, this dividend works out to approximately 0.68%, so look for shares of McGrath RentCorp to trade 0.68% lower — all else being equal — when MGRC shares open for trading on 10/17/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for MGRC, showing historical dividends prior to the most recent $0.24 declared by McGrath RentCorp:

MGRC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MGRC is likely to continue, and whether the current estimated yield of 2.72% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of MGRC shares, versus its 200 day moving average:

McGrath RentCorp 200 Day Moving Average Chart

Looking at the chart above, MGRC's low point in its 52 week range is $24.38 per share, with $37.79 as the 52 week high point — that compares with a last trade of $35.35.
Three Months Free, a $100 Value, Just Submit Your Top Stock Pick! (Offer ends 11/10/2013)

In Wednesday trading, McGrath RentCorp shares are currently up about 0.9% on the day.

null

More from Stocks

What You Need to Know About Facebook and Europe's New Privacy Rules

What You Need to Know About Facebook and Europe's New Privacy Rules

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?

GE Is Too Opaque, Too Diversified and Too Poorly Managed: Doug Kass Insider

GE Is Too Opaque, Too Diversified and Too Poorly Managed: Doug Kass Insider

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric