Key Developments For McGrath RentCorp
McGrath RentCorp (MGRC.O) (Nasdaq)
McGrath RentCorp Lowers Upper End Of Prior FY 2009 EPS Guidance
McGrath RentCorp narrowed its previous fiscal 2009 earnings guidance range of $1.30 to $1.40 per diluted share to an updated range of $1.30 to $1.35 per diluted share. According to Reuters Estimates, analysts were expecting the Company to report earnings of $1.30 per share for fiscal 2009.
McGrath RentCorp Declares Quarterly Dividend
McGrath RentCorp announced that it has declared a quarterly cash dividend of $0.22 per common share for the quarter ended September 30, 2009. The dividend will be payable on October 30, 2009 to all shareholders of record on October 16, 2009.
McGrath RentCorp Lowers High-End of Prior FY 2009 EPS Outlook Range to a Range In-Line with Analysts' Estimates
McGrath RentCorp announced that for fiscal 2009, it has lowered high-end of prior earnings guidance range of $1.30 to $1.45 per diluted share to an updated range of $1.30 to $1.40 per diluted share. According to Reuters Estimates, analysts on an average are expecting the Company to report earnings per share (EPS) of $1.30 for fiscal 2009.
McGrath RentCorp Announces New Chairman
McGrath RentCorp announced that Robert P. McGrath has elected to step down as Non-Executive Chairman of the Board of Directors. Mr. McGrath will remain a director of the Company with the honorary title of Chairman Emeritus. The Company's board of directors has elected Ronald H. Zech to the position of Non-Executive Chairman of the Board.
McGrath RentCorp Declares Quarterly Dividend
McGrath RentCorp announced that it has declared a quarterly cash dividend of $0.22 per common share for the quarter ended June 30, 2009. The dividend will be payable on July 31, 2009 to all shareholders of record on July 16, 2009.
