Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.67%.
YIELD ON COST (YOC)
1.67%
MGRC now pays $1.96 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-10-04) | $31.63 | 6.20% |
| 5 years ago(2021-09-30) | $71.95 | 2.72% |
| 3 years ago(2023-10-03) | $99.06 | 1.98% |
| 1 year ago(2025-10-07) | $114.52 | 1.71% |
| Buying today(at $117.98) | $117.98 | 1.67% |
Projection: starting from today's 1.67% yield, assuming the dividend keeps compounding at 2.7% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.67%
In 3 years
1.81%
In 5 years
1.92%
In 10 years
2.21%
Try your own purchase price, dividend and growth rate for McGrath RentCorp (MGRC).
Starting Yield
1.66%
Ending YOC
2.73%
Year 15 Dividend
$3.22
Cum. Dividends Recd.
$38.72
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.96 | N/A | 1.66% | $0.00 |
| Year 1 | $2.03 | +3.37% | 1.72% | $2.03 |
| Year 2 | $2.09 | +3.37% | 1.78% | $4.12 |
| Year 3 | $2.16 | +3.37% | 1.83% | $6.29 |
| Year 4 | $2.24 | +3.37% | 1.90% | $8.52 |
| Year 5 | $2.31 | +3.37% | 1.96% | $10.84 |
| Year 6 | $2.39 | +3.37% | 2.03% | $13.23 |
| Year 7 | $2.47 | +3.37% | 2.10% | $15.70 |
| Year 8 | $2.56 | +3.37% | 2.17% | $18.25 |
| Year 9 | $2.64 | +3.37% | 2.24% | $20.90 |
| Year 10 | $2.73 | +3.37% | 2.31% | $23.63 |
| Year 11 | $2.82 | +3.37% | 2.39% | $26.45 |
| Year 12 | $2.92 | +3.37% | 2.47% | $29.37 |
| Year 13 | $3.02 | +3.37% | 2.56% | $32.38 |
| Year 14 | $3.12 | +3.37% | 2.64% | $35.50 |
| Year 15 | $3.22 | +3.37% | 2.73% | $38.72 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute