Key Developments: McGrath RentCorp (MGRC.O)
33.76USD
18 Jun 2013
$0.05 (+0.15%)
$33.71
$33.71
$33.91
$33.60
88,918
57,981
$34.08
$22.93
Latest Key Developments (Source: Significant Developments)
McGrath RentCorp Declares Quarterly Dividend
McGrath RentCorp announced that it has declared a quarterly cash dividend of $0.24 per common share for the quarter ended June 30, 2013. The dividend will be payable on July 31, 2013 to all shareholders of record on July 17, 2013. Full Article
McGrath RentCorp Reaffirms FY 2013 EPS Guidance
McGrath RentCorp announced that it reconfirms fiscal 2013 earnings per share and expects to be in a range of $1.85 to $1.95 per diluted share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $1.90 for fiscal 2013. Full Article
McGrath RentCorp Issues FY 2013 EPS Guidance In Line With Analysts' Estimates;Declares Quarterly Cash Dividend
McGrath RentCorp announced that for fiscal 2013, it expects full-year earnings per share (EPS) to be in a range of $1.85 to $1.95 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.92 for fiscal 2013. Board Of Directors declared a quarterly cash dividend of $0.24 per share for the quarter ending March 31, 2013, an increase of 2% over the prior year period. On an annualized basis, the 2013 dividend represents a 3.3% yield, based on the February 20, 2013 closing stock price. The cash dividend will be payable on April 30, 2013 to all shareholders of record on April 16, 2013. Full Article
McGrath RentCorp Declares Quarterly Dividend
McGrath RentCorp announced that it has declared a quarterly cash dividend of $0.235 per common share for the quarter ended December 31, 2012. The dividend will be payable on January 31, 2013 to all shareholders of record on January 17, 2013. Full Article
McGrath RentCorp Lowers High End Of Prior FY 2012 EPS Guidance
McGrath RentCorp revised fiscal 2012 earnings per share (EPS) guidance and expects EPS to a range of $1.70 to $1.75 per diluted share. Full Article
McGrath RentCorp Declares Quarterly Dividend
McGrath RentCorp announced that it has declared a quarterly cash dividend of $0.235 per common share for the quarter ended September 30, 2012. The dividend will be payable on October 31, 2012 to all shareholders of record on October 17, 2012. Full Article
McGrath RentCorp Lowers FY 2012 EPS Guidance
McGrath RentCorp revised fiscal 2012 earnings per share (EPS) guidance and expects EPS to a range of $1.70 to $1.85 per diluted share from a range of $2.02 to $2.12. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.05 for fiscal 2012. Full Article
McGrath RentCorp Announces New Five Year $420 Million Financing
McGrath RentCorp announced that it has entered into a new $420 million credit facility with a syndicate of banks. The five year facility matures on June 15, 2017 and replaces the Company’s existing $350 million line of credit. Bank of America, N.A., served as Administrative Agent and Union Bank of California N.A., served as Syndication Agent. Merrill Lynch, Pierce, Fenner & Smith Incorporated served as the Sole Lead Arranger and Sole Book Manager. The proceeds of the new facility will be used for working capital, capital expenditures and other general corporate purposes. Additional information regarding the new credit facility is available in the Company’s current report on Form 8-K, to be filed with the SEC on June 18, 2012. Full Article
McGrath RentCorp Reaffirms FY 2012 EPS Guidance
McGrath RentCorp reaffirmed fiscal 2012 guidance and expects earnings per share (EPS) in a range of $2.02 to $2.12. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.09 for fiscal 2012. Full Article
McGrath RentCorp Declares Quarterly Dividend
McGrath RentCorp announced that it has declared a quarterly cash dividend of $0.23 per common share for the quarter ended December 31, 2011. The dividend will be payable on January 31, 2012 to all shareholders of record on January 17, 2012. Full Article
Former President George H.W. Bush remains in intensive care
AUSTIN, Texas - Former President George H.W. Bush remained in the intensive care unit of a Houston hospital on Thursday, according to a hospital spokesman.
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