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Cintas (Cintas) 3-Year Dividend Growth Rate

: 21.70% (As of Feb. 2024)
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Cintas's Dividends per Share for the three months ended in Feb. 2024 was $1.35.

The historical rank and industry rank for Cintas's 3-Year Dividend Growth Rate or its related term are showing as below:

CTAS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.1   Med: 20   Max: 45.7
Current: 21.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cintas was 45.70% per year. The lowest was 2.10% per year. And the median was 20.00% per year.

CTAS's 3-Year Dividend Growth Rate is ranked better than
74.29% of 350 companies
in the Business Services industry
Industry Median: 10.4 vs CTAS: 21.70

During the past 12 months, Cintas's average Dividends Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 24.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Cintas's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.35. As of today, Cintas's Dividend Yield % is 0.78%.

Warning Sign:

Cintas Corp stock dividend yield is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Specialty Business Services subindustry, Cintas's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cintas 3-Year Dividend Growth Rate Distribution

For the Business Services industry and Industrials sector, Cintas's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cintas's 3-Year Dividend Growth Rate falls into.



Cintas 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cintas  (NAS:CTAS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cintas's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=1.35/ 3.84
=0.35

During the past 13 years, the highest Dividend Payout Ratio of Cintas was 0.49. The lowest was 0.22. And the median was 0.28.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Cintas Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3502024-02-142024-02-152024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.3502023-11-142023-11-152023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.3502023-08-142023-08-152023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.1502023-05-122023-05-152023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cintas's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.2/660.92
=0.79 %

Current Share Price is $660.92.
Cintas's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.2.

During the past 13 years, the highest Dividend Yield of Cintas was 1.55%. The lowest was 0.70%. And the median was 0.99%.

Warning Sign:

Cintas Corp stock dividend yield is close to 3-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cintas 3-Year Dividend Growth Rate Related Terms>


Cintas (Cintas) Business Description

Traded in Other Exchanges
Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products generally include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.
Executives
J. Michael Hansen officer: VP & CFO 6800 CINTAS BOULEVARD, CINCINNATI OH 45262-5737
Ronald W Tysoe director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Robert E. Coletti director, officer: Assistant Secretary P.O. BOX 625737, 6800 CINTAS BLVD., CINCINNATI OH 45262
Melanie W. Barstad director P.O. BOX 625737, MASON OH 45040
David Brock Denton officer: Sr VP, Secretary & Gen Counsel P.O. BOX 625737, CINCINNATI OH 45262
John F Barrett director
Michael Lawrence Thompson officer: Executive Vice President & CAO 6800 CINTAS BOULEVARD, P.O. BOX 625737, CINCINNATI OH 45262
Todd M. Schneider director, officer: CEO and Director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Joseph Scaminace director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
Gerald S Adolph director 101 PARK AVENUE, ROOM 2005, NEW YORK NY 10178
Jim Rozakis officer: Executive Vice President & COO 6800 CINTAS BLVD, CINCINNATI OH 45262
Martin Mucci director 911 PANORAMA TRAIL S, ROCHESTER NY 14625
Thomas E Frooman officer: VP, Secretary & Gen. Counsel
James J Johnson director C/O THE PROCTER & GAMBLE COMPANY,, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
James Phillip Holloman officer: President and COO P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262

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