Cintas Corp. (CTAS) Raises Annual Dividend 26.7% to $1.33; 1.2% Yield

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Cintas Corporation Announces Annual Dividend

October 18, 2016 8:32 AM EDT

CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) announced that the Companys Board of Directors approved a $1.33 per share annual dividend at its meeting today, representing a 26.7% increase over last years annual dividend of $1.05 per share. This dividend is payable on December 2, 2016 to shareholders of record as of November 4, 2016.

Scott D. Farmer, Chairman of the Board and Chief Executive Officer of Cintas, said, "We achieved record revenue and earnings per share in fiscal year 2016. Our strong performance continued into the first quarter of fiscal 2017. As a result of our excellent financial... More