Cintas Corp. (CTAS) Raises Annual Dividend 23.5% to $1.05; 1.1% Yield

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Cintas Corporation Announces Annual Dividend

October 14, 2015 9:01 AM EDT

CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) announced that the Companys Board of Directors approved a $1.05 per share annual dividend at its meeting today, representing a 23.5% increase over last years annual dividend of $0.85 per share. This dividend is payable on December 4, 2015 to shareholders of record as of November 6, 2015.

Robert J. Kohlhepp, Chairman of the Board of Cintas, said, "Our fiscal year ended May 31, 2015 marked another year of substantial revenue and earnings per share growth. In addition, we were pleased to report a solid start to our fiscal year 2016. Given our excellent... More