Cintas Corporation Announces Quarterly Cash Dividend

Rhea-AI Summary

Cintas (CTAS) has declared a quarterly cash dividend of $0.39 per share, payable on March 14, 2025, to shareholders of record as of February 14, 2025. The company has maintained a consistent track record of raising dividends annually since its initial public offering in 1983, marking 41 years of consecutive dividend increases.

As a Fortune 500 company listed on the Nasdaq Global Select Market, Cintas provides essential business services to over one million customers, including uniforms, facility supplies, and safety products. The company is a component of both the S&P 500 and Nasdaq-100 indices.

Positive

• 41-year track record of consecutive annual dividend increases
• Stable dividend payment of $0.39 per share maintained
• Strong market position serving over one million businesses
• Inclusion in major indices (S&P 500 and Nasdaq-100)

Negative

• None.

CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.39 per share of common stock payable on March 14, 2025, to shareholders of record at the close of business on February 14, 2025. Cintas has a strong record of returning capital to its shareholders and has consistently raised its dividend each year since Cintas’ initial public offering 41 years ago in 1983.

Any future dividend declarations, including the amount of any dividends, are at the discretion of the Board of Directors and dependent upon then-existing conditions, including the Company’s operating results and financial condition, capital requirements, contractual restrictions, business prospects and other factors that the Board of Directors may deem relevant.

Cintas

Cintas Corporation helps more than one million businesses of all types and sizes get Ready^™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday^®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250114665712/en/

For additional information, contact:

J. Michael Hansen, Executive Vice President, and Chief Financial Officer - 513-972-2079

Jared S. Mattingley, Vice President - Treasurer & Investor Relations - 513-972-4195

Source: Cintas Corporation

FAQ

When will Cintas (CTAS) pay its next dividend?

Cintas will pay its next quarterly dividend of $0.39 per share on March 14, 2025.

What is the record date for Cintas's (CTAS) latest dividend?

The record date for Cintas's latest dividend is February 14, 2025.

How long has Cintas (CTAS) been increasing its dividends?

Cintas has consistently raised its dividend each year since its initial public offering in 1983, representing 41 years of consecutive dividend increases.

What is the quarterly dividend amount for Cintas (CTAS) stock?

Cintas's quarterly dividend amount is $0.39 per share of common stock.

How many businesses does Cintas (CTAS) currently serve?

Cintas serves more than one million businesses of various types and sizes.