Cintas Boosts Quarterly Dividend to $0.45/Share, a 15.4% Increase

Cintas has raised its quarterly dividend by 15.4% to $0.45/share. The forward yield is 0.81%. The dividend is payable on Sept. 15 for shareholders of record on Aug. 15, and the ex-dividend date is Aug. 15.

Cintas Corporation (NASDAQ: CTAS) has announced a significant increase in its quarterly dividend, reflecting the company's commitment to returning capital to shareholders. The new dividend amount is $0.45 per share, representing a 15.4% increase from the previous quarterly dividend of $0.39 per share. This move positions Cintas as one of the top dividend-paying companies in its sector.

The dividend, payable on September 15, 2025, will be distributed to shareholders of record on August 15, 2025. The ex-dividend date is set for August 14, 2025. This dividend hike aligns with Cintas' long-standing tradition of annual dividend increases, a practice that has been in place since the company's initial public offering in 1983.

The annual yield on the dividend is 0.8 percent, making it an attractive option for income-focused investors. Cintas' strong financial performance and consistent dividend growth underscore its ability to generate steady returns for shareholders.

This announcement comes at a time when Cintas is continuing to expand its services and strengthen its market position. The company's consistent dividend increases are a testament to its financial health and commitment to shareholder value.

References:
[1] https://www.streetinsider.com/Dividend+Hike/Cintas+Corp.+%28CTAS%29+Raises+Quarterly+Dividend+15.4%25+to+%240.45%3B+0.8%25+Yield/25113125.html
[2] https://www.investing.com/news/assorted/cintas-corp-raises-quarterly-dividend-154-to-045-08-yield-432SI-4158209
[3] https://www.bdtonline.com/news/nation_world/cintas-corporation-announces-15-4-increase-in-quarterly-cash-dividend/article_e7e4544a-488d-500e-a8d7-bec086b280bb.html