Cintas Boosts Quarterly Dividend 21%
Cintas Corp. has increased the annual dividend on its common stock 21.1% to US$1.15 per share.
The dividend is payable September 15 to Cintas shareholders of record at the close of business August 15. This marks the 39th consecutive year that Cintas has increased its annual dividend.
In addition, Cintas’ board of directors has approved an additional share buyback program allowing the company to purchase $1 billion of Cintas common stock at market prices. The timing and number of shares to be purchased will be determined at the board’s discretion.
About Cintas
Headquartered in Cincinnati, Cintas Corp. provides uniforms and apparel, restroom supplies, and mats as well as first aid, document management, and fire protection services. For more information, visit www.cintas.com.
