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CINCINNATI ~ Cintas Corporation, a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS, announced that its Board of Directors approved a quarterly cash dividend of $1.35 per share of common stock payable on December 15, 2023 to shareholders of record at the close of business on November 15, 2023. This marks the 41st year since Cintas' initial public offering in 1983 and is part of its strong record of returning capital to its shareholders.
J. Michael Hansen, Executive Vice President and Chief Financial Officer, and Jared S. Mattingley, Vice President - Treasurer & Investor Relations, both commented on the announcement. Hansen said "We are proud to continue our long-standing tradition of returning capital to our shareholders through dividends" while Mattingley added "We are pleased to be able to reward our shareholders with this dividend payment".
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The amount and declaration of any future dividends will be at the discretion of the Board of Directors and dependent upon then-existing conditions such as operating results and financial condition, capital requirements, contractual restrictions, business prospects and other factors deemed relevant by the Board.
Cintas provides products and services that help businesses get Ready™ for their workday by providing uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products among other offerings. The company is also a component of both the Standard & Poor's 500 Index and Nasdaq-100 Index.
J. Michael Hansen, Executive Vice President and Chief Financial Officer, and Jared S. Mattingley, Vice President - Treasurer & Investor Relations, both commented on the announcement. Hansen said "We are proud to continue our long-standing tradition of returning capital to our shareholders through dividends" while Mattingley added "We are pleased to be able to reward our shareholders with this dividend payment".
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The amount and declaration of any future dividends will be at the discretion of the Board of Directors and dependent upon then-existing conditions such as operating results and financial condition, capital requirements, contractual restrictions, business prospects and other factors deemed relevant by the Board.
Cintas provides products and services that help businesses get Ready™ for their workday by providing uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products among other offerings. The company is also a component of both the Standard & Poor's 500 Index and Nasdaq-100 Index.
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