Cintas Corp. (CTAS) Raises Annual Dividend 21.8% to $1.62; 1.1% Yield

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Cintas Corporation Announces Annual Dividend Increased for the 34th Consecutive Year

October 17, 2017 8:19 AM EDT

CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) announced that the Companys Board of Directors approved a $1.62 per share annual dividend at its meeting today, representing a 21.8% increase over last years annual dividend of $1.33 per share. This is the 34th consecutive year that the annual dividend has increased, which is every year since Cintas went public in 1983. This dividend is payable on December 8, 2017 to shareholders of record as of November 10, 2017.

Scott D. Farmer, Chairman of the Board and Chief Executive Officer of Cintas said, Fiscal 2017 was a transformational year for Cintas,... More