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Cintas Corporation Announces 15.4% Increase in Quarterly Cash Dividend

Cintas Corporation Announces 15.4% Increase in Quarterly Cash Dividend

National Post5 days ago
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CINCINNATI — Cintas Corporation (Nasdaq: CTAS) announced that the Company's Board of Directors approved a quarterly cash dividend of $0.45 per share of common stock payable on September 15, 2025, to shareholders of record at the close of business on August 15, 2025. This represents a 15.4% increase. Cintas has a strong record of returning capital to its shareholders and has consistently raised its dividend each year since Cintas' initial public offering 42 years ago in 1983.
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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.
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Todd M. Schneider, Cintas' President, and Chief Executive Officer, stated, 'We achieved record revenue and profit in our fiscal 2025. We grew sales and profit again, which is now 54 out of the last 56 years. Due to our excellent financial results and strong financial position, we are increasing our quarterly dividend. The dividend, accompanied by our share buyback program, continues to demonstrate our commitment to increasing shareholder value.'
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Cintas
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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.
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