Cintas increases dividend for 32nd consecutive year

-
Cintas Corporation (CTAS) will raise its annual dividend by 23.5%.

Dividend Aristocrat Cintas hikes the dividend, that is paid only once per year, from $0.85 to $1.05 per share, marking 32 consecutive years of higher dividend payments by the corporate uniforms provider.

Cintas, part of the Dividend Aristocrats Index, currently has an indicated dividend yield of 1.1% based on a stock price of $91.82. Cintas is the only Dividend Aristocrat that doesn't pay a quarterly dividend.

Popular posts from this blog

Two dividend growth monsters that nobody knows about (yet)!

-
Image
The Dividend Freak highlights two amazing dividend growers In the new Dividend Freak video two great dividend growth stocks are highlighted: Fastenal and Penske Automotive. Not many people know that these companies have a strong track record and increase the dividend by double digits annually. We also look at the almost 20 dividend hikes in the second and third week of January 2024, including several Aristocrats and two monthly dividend payers.
Read more