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McGrath RentCorp Declares Quarterly Dividend

LIVERMORE, Calif., Sept. 20, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of McGrath RentCorp (NASDAQ:MGRC), a diversified business to business rental company declared a quarterly cash dividend of $0.26 per common share for the quarter ended September 30, 2017. The dividend will be payable on October 31, 2017 to all shareholders of record on October 17, 2017. The year 2017 marks the 25th consecutive year that McGrath RentCorp has raised its dividend to shareholders.

About McGrath RentCorp

Founded in 1979, McGrath RentCorp is a diversified business-to-business rental company with four rental divisions. Mobile Modular rents and sells modular buildings to fulfill customers' temporary and permanent classroom and office space needs in California, Texas, Florida, and the Mid-Atlantic from Washington D.C. to Georgia. TRS-RenTelco rents and sells electronic test equipment and is one of the leading rental providers of general purpose and communications test equipment in the Americas. Adler Tank Rentals rents and sells containment solutions for hazardous and nonhazardous liquids and solids with operations serving key markets throughout the United States. Mobile Modular Portable Storage provides portable storage solutions in the California, Texas, Florida, Northern Illinois, New Jersey, North Carolina and Georgia markets. 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

FOR INFORMATION CONTACT:
Keith E. Pratt
Chief Financial Officer
925-606-9200

Source:McGrath RentCorp

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