Copyright © 2021 MarketWatch, Inc. All rights reserved. The current TTM dividend payout for Cintas (CTAS) as of November 27, 2020 is $3.51. Historical dividend payout and yield for Cintas (CTAS) since 1993. Cintas undertakes no obligation to publicly release any revisions to any forward-looking statements or to otherwise update any forward-looking statements whether as a result of new information or to reflect events, circumstances or any other unanticipated developments arising after the date on which such statements are made. Dec 21, 2020 at 8:05AM ... Cintas has also increased its dividend 37 years in a row, making it a member in good standing of the Dividend … Cintas Dividend Yield is relatively stable at the moment as compared to the past year. The Board of Directors also declared a quarterly dividend of $0.70 per share, which is payable on December 4, 2020 to shareholders of record as of November 6, 2020. Cintas Corp. provides a specialized service to businesses of all types - from small service and manufacturing companies to major corporations. has gained 5.3%. Cintas Corp's dividend growth rate is greater than 78.75% of dividend issuers in the large-sized market cap class, where it lives. ... (CTAS), which gained 35%. *** So far this thesis to avoid Dividend Aristocrat Cintas has continued playing out after it released its most up to date quarterly earnings on December 22 nd 2020… Sort of. Cintas Corporation reported second quarter earnings ended November 30, 2020, for fiscal year 2021, that beat analyst expectations. The Board of Directors also declared a quarterly dividend of $0.70 per share, which is payable on December 4, 2020 to shareholders of record as of November 6, 2020. As is the case for many dividend stocks, 2020 performance has been a tale of two distinct periods for the Aristocrats. If a company is paying more than it earns, then the dividend might become unsustainable - hardly an ideal situation. Cintas also raised its annual dividend by more than 10% to $2.81 for 2020. The reported EPS for the same … Company Participants. We cannot guarantee that any forward-looking statement will be realized. This represents a $2.80 annualized dividend and a yield of 0.80%. Additional risks and uncertainties presently not known to us, or that we currently believe to be immaterial, may also harm our business. Cintas also announced that the Board of Directors approved a change in dividend policy from an annual dividend to quarterly dividends. CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) announced that the Company’s Board of Directors approved a $2.81 per share annual dividend at its meeting today, representing an increase of 10.2% over last year’s dividend. In addition, we remain committed to delivering shareholder value, and our double-digit dividend increase even in this difficult environment reflects that commitment.”. The previous Cintas Corporation dividend was 70c and it went ex 2 months ago and it was paid 29 days ago. The current dividend yield for Cintas as of November 27, 2020 is 0.97%… The company has grown its dividend for the last 36 consecutive years and is increasing its dividend by an average of 24.23% each year. The risks and uncertainties described herein are not the only ones we may face. +0.71% S S 1995 2000 2005 2010 2015 2020 2000 2010 2020 $0 $400 0.0% 2.4% Zoom 1m 3m 6m YTD 1y All From Jan 1, 1994 To Dec 28, 2020 Price (split-adjusted) Trailing Yield Stock Split Legend (Click to show / hide lines) Compare CTAS to Popular Consumer Discretionary Sector Dividend Funds +0.71% Scott D. Farmer, Cintas’ Chairman and Chief Executive Officer, stated, “The COVID-19 coronavirus pandemic has been a significant disruption to the U.S. economy and our business. Cintas also announced that the Board of Directors approved a change in dividend policy from an annual dividend to quarterly dividends. of 1.70%. The Company expects future quarterly dividend payments to occur in March, June, September and December. Cintas also announced that the Board of Directors approved a change in dividend policy from an annual dividend to quarterly dividends. However, our value proposition of getting our customers Ready for the Workday® has resonated loudly, and our employees, whom we call partners, have been resilient in this difficult environment. 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 the Nasdaq-100 Index. Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. The Board of Directors also declared a quarterly dividend of $0.70 per share, which is payable on December 4, 2020 to shareholders of record as of November 6, 2020. The report will be for the fiscal Quarter ending Nov 2020. Cintas Corporation Announces Annual Dividend Increased for the 37th Consecutive Year - Also Announces Quarterly Dividend and Change to Dividend Policy September Cintas Corporation Announces Fiscal 2021 First Quarter Results This represents a stunning 16% compounded annual growth rate (CAGR) over 23 years. Shares of Jaguar Health Inc., a developer of plant-based medicines for people and animals, soared more than 40% on Tuesday in heavy volume, extending their recent strong gains and putting the stock on track for its highest level since mid-2019. The dividend yield measures the ratio of dividends paid / share price. Jaguar Health shares soar 40% in heavy volume, on track for 18-month high, U.S. regulator says banks can use stablecoins, connect to blockchains, Morgan Stanley lifts target price on Tesla to $810, while Barclays reiterates $230 view, Warnock projected to win Georgia Senate race, as Ossoff clings to slim lead, Stock-market futures mixed, bond yields pop as Democrats win at least one Georgia Senate runoff race, American colleges are facing a $130 billion crisis, My sister became my father’s power of attorney, took out a reverse mortgage on his home, and installed a security camera to monitor visitors. Dividend Summary. The company is divided into two operating segments: Rentals and Other Services. SPX, SPX, NasdaqGS:CTAS Historic Dividend October 29th 2020 Payout ratios. As of 10/28/2020, Dividends per Basic Common Share is likely to grow to 2.75, while Payment of Dividends and Other Cash Distributions is likely to drop (275 M).The Cintas could be a main factor of why investors buy Cintas … Cintas reported last year Dividend Yield of 0.01. Cintas Corporation (NASDAQ:CTAS). Cintas (CTAS) hikes dividend, changes payout policy December 30, 2020 December 30, 2020 Cintas Corporation ( NASDAQ: CTAS ), a leading provider of corporate uniforms, has raised its annual dividend by 10% and changed its payout policy to a quarterly basis. Last year Cintas hiked its dividend by 24.4 percent to $2.55 per share, marking the 37th consecutive year of dividend increases. 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. Companies with a higher dividend yield tend to have a business model that allows them to pay out more dividends from net income like real estate and consumer defensive stocks. Dividend Yield Definition. Q2 2020 Earnings Conference Call. CAUTION CONCERNING FORWARD-LOOKING STATEMENTS. Cintas Corp. (CTAS) Declares $0.70 Quarterly Dividend, Increase of 10.2% Cintas Corp. (CTAS) Raises Annual Dividend 24.4% to $2.55; Approves $1B Buyback Program C intas Corporation reported second quarter earnings ended November 30, 2020, for fiscal year 2021, that beat analyst expectations. 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