Todd M. Schneider, Director, CEO and Director of CINTAS CORP[CTAS], recently made several transactions involving the purchase and sale of company shares. On July 25, 2025, Schneider sold 37,508 shares at a price of $223.56 per share. In subsequent transactions on July 28, 2025, Schneider purchased 27,504 shares at $97.22 per share, sold 18,947 shares at $221.12 per share, purchased 8,240 shares at $97.22 per share, sold 5,676 shares at $221.2 per share, purchased 16,448 shares at $73.39 per share, sold 10,268 shares at $221.48 per share, and sold 17,301 shares at $220.9 per share. These transactions demonstrate Schneider's involvement in the company's financial activities and may indicate changes in his level of confidence in the company's performance.
Cintas Corporation (NASDAQ: CTAS), a leading provider of uniform and business services, recently announced a 15.4% increase in its quarterly cash dividend. The dividend, payable on September 15, 2025, to shareholders of record as of August 15, 2025, will amount to $0.45 per share [1]. This increase marks the 42nd consecutive year of dividend growth since the company's initial public offering in 1983.
The dividend hike is a result of the company's strong financial performance. Cintas reported record revenue and profit for fiscal 2025, with earnings per share of $1.09, surpassing Wall Street expectations [2]. The company also maintains impressive gross profit margins of 50.04% and a robust return on equity of 40% [1].
Todd M. Schneider, Cintas' President and CEO, attributed the dividend increase to the company's excellent financial results and strong financial position. He stated, "We achieved record revenue and profit in our fiscal 2025. We grew sales and profit again, which is now 54 out of the last 56 years. Due to our excellent financial results and strong financial position, we are increasing our quarterly dividend. The dividend, accompanied by our share buyback program, continues to demonstrate our commitment to increasing shareholder value" [1].
In addition to the dividend increase, Schneider's recent share transactions provide further insight into the company's financial activities. On July 25, 2025, Schneider sold 37,508 shares at $223.56 per share. In subsequent transactions on July 28, 2025, he purchased 27,504 shares at $97.22 per share, sold 18,947 shares at $221.12 per share, purchased 8,240 shares at $97.22 per share, sold 5,676 shares at $221.2 per share, purchased 16,448 shares at $73.39 per share, sold 10,268 shares at $221.48 per share, and sold 17,301 shares at $220.9 per share [3].
These transactions demonstrate Schneider's involvement in the company's financial activities and may indicate changes in his level of confidence in the company's performance. However, it is important to note that these transactions are not indicative of the company's overall performance or future prospects.
References:
[1] https://ng.investing.com/news/company-news/cintas-raises-quarterly-dividend-by-154-to-045-per-share-93CH-2031855
[2] https://www.stocktitan.net/news/CTAS/cintas-corporation-announces-15-4-increase-in-quarterly-cash-0cy54awpfl2k.html
[3] https://www.investing.com/news/assorted/cintas-corp-raises-quarterly-dividend-154-to-045-08-yield-432SI-4158209
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