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Cintas (CTAS) Dividend Yield, Date & History

Cintas logo
$186.94 +4.15 (+2.27%)
(As of 12/20/2024 05:31 PM ET)

Cintas Dividend Summary

Dividend Yield
0.83%
Annual Dividend
$1.56
Recent
Dividend Payment
Dec. 13
Dividend Increase
Track Record
42 Years
Annualized 3-Year
Dividend Growth
92.59%
Dividend Payout Ratio
39.39%

Cintas (CTAS) pays an annual dividend of $1.56 per share, with a dividend yield of 0.83%. The next quarterly payment of $0.39 per share was paid on Friday, December 13, to investors who owned the stock before the ex-dividend date of Friday, November 15. CTAS has grown its dividend for 42 consecutive years, with an average annual increase of 24.42%. The company currently pays out 39.39% of its earnings and 35.47% of its cash flow as dividends.

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CTAS Dividend Payments by Quarter

The chart below displays up to four years of Cintas' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CTAS Dividend Yield Over Time

The chart below tracks Cintas' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Cintas vs. The Competition

Compare Cintas' annual dividend, yield, and 3-year growth rate with averages for Business and NASDAQ companies to evaluate its performance against the market.

TypeCintasBusiness CompaniesNASDAQ Companies
Annual Dividend$1.56$0.01$1.31
Dividend Yield0.83%2.33%4.23%
Annualized 3-Year Dividend Growth92.59%12.96%14.22%
Track Record42 years20 years19 years

Cintas Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings39.39%
Based on This Year's Estimate36.88%
Based on Next Year's Estimate33.69%
Based on Cashflow35.47%

Cintas Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/29/2024quarterly$0.39 - 0.74%11/15/202411/15/202412/13/2024
7/23/2024quarterly$0.39+$0.0525
15.56%
0.82%8/15/20248/15/20249/3/2024
4/9/2024quarterly$0.3375 - 0.8%5/14/20245/15/20246/14/2024
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1/16/2024quarterly$0.3375 - 0.92%2/14/20242/15/20243/15/2024
10/24/2023quarterly$0.3375 - 1.08%11/14/202311/15/202312/15/2023
7/25/2023quarterly$0.3375+$0.05
17.39%
1.05%8/14/20238/15/20239/15/2023
4/11/2023quarterly$0.2875 - 1.02%5/12/20235/15/20236/15/2023
1/10/2023quarterly$0.2875 - 1.03%2/14/20232/15/20233/15/2023

This table shows Cintas' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Cintas Dividend - Frequently Asked Questions

The current dividend yield for Cintas is 0.83%. Learn more on CTAS's dividend yield history.

The annual dividend for CTAS shares is $1.56. Learn more on CTAS's annual dividend history.

Cintas pays quarterly dividends to shareholders.

Cintas's most recent quarterly dividend payment of $0.39 per share was made to shareholders on Friday, December 13, 2024.

Cintas's most recent ex-dividend date was Friday, November 15, 2024.

Over the past three years, the company's dividend has grown by an average of 92.59% per year.

Cintas has increased its dividend for the past 42 consecutive years.

The most recent change in the company's dividend was an increase of $0.0525 on Tuesday, July 23, 2024.

The dividend payout ratio for CTAS is:
  • 39.39% based on the trailing year of earnings
  • 36.88% based on this year's estimates
  • 33.69% based on next year's estimates
  • 35.47% based on cash flow

Cintas' dividend yield of 0.75% is lower than the average Business Services company that issues a dividend. The company's 42 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Cintas' dividend payout ratio of 39.39% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Cintas stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:CTAS) was last updated on 12/21/2024 by MarketBeat.com Staff
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