Market and company headlines
Fresh attention on McGrath RentCorp (MGRC) comes as the rental specialist’s long-running dividend growth record, with payouts covered by trailing earnings more than 3x, is being weighed against steady income from Treasury bills. Recent trading reflects that balance between income appeal and shifting risk perceptions. At a share price of $114.64, McGrath RentCorp has a 1-month share price return of 3.84% and an 8.94% gain year to date. The 5-year total shareholder return of 67.39% points to a...
Yahoo·09:13·13 Days AgoMGRC▲+0.9%
McGrath RentCorp has given long term holders a strong ride, with the share price rising 67.4% over the past 5 years. With that kind of return on the table, the real question for you now is whether the current price is still justified by the earnings that support it. A 67.4% gain over 5 years puts real weight on the question of how closely McGrath RentCorp’s share price is tracking its underlying profit power. The business relies on rental assets and related services, so valuation hinges on...
Yahoo·08:14MGRC▲+0.9%
Five dividend stocks go ex-dividend this Thursday or Friday, but at least one carries a coverage warning serious enough to make the payment a liability rather than a reward. The window to act closes in days, and not every payout on this list deserves chasing.
Yahoo·08:45
