Cintas Corp. (CTAS) Raises Annual Dividend 24.4% to $2.55; Approves $1B Buyback Program

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Go back to Cintas Corp. (CTAS) Raises Annual Dividend 24.4% to $2.55; Approves $1B Buyback Program

Cintas Corporation Announces Annual Dividend Increased for the 36th Consecutive Year

October 29, 2019 10:21 AM EDT

Also Announces Additional $1 Billion Stock Buyback Authorization

CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) announced that the Companys Board of Directors approved a $2.55 per share annual dividend at its meeting today, representing an increase of 24.4% over last years dividend. This is the 36th consecutive year that the annual dividend has increased, which is every year since Cintas initial public offering in 1983. This dividend is payable on December 6, 2019 to shareholders of record as of November 8, 2019.

Cintas also announced that the Board of Directors approved an... More