CTAS Cintas dividend history, payout ratio & dates
Cintas's last dividend was on Aug 15, 2024 (ex-date) with a distribution of $0.39 per share. On an annualized basis, the company has a current payout of $1.4 per share. This brings the dividend yield to 0.66% based on its recent close price. The latest dividend has grown by $0.05, or 16% from the previous dividend.
Key dates
- CTAS last dividend date: Aug 15, 2024
CTAS dividend stats
vs. Industrials sector
Dividend yield
Cintas's dividend yield of 0.66% is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.43%, Cintas's dividend yield is 54% lower. The historical 5-year average of CTAS's dividend yield is 1.0%, which is more than the current one.
Dividend history
Cintas has been paying dividends since 1994. CTAS has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 17% since one year ago. But with the stock price up by 65% from a year ago, the dividend yield marks a decrease of 30%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 15, 2024 | $0.39 | 0.73% |
| May 14, 2024 | $0.338 | 0.79% |
| Feb 14, 2024 | $0.338 | 0.85% |
| Nov 14, 2023 | $0.338 | 0.91% |
| Aug 14, 2023 | $0.338 | 0.97% |
| May 12, 2023 | $0.288 | 0.97% |
| Feb 14, 2023 | $0.288 | 0.99% |
| Nov 14, 2022 | $0.288 | 0.95% |
| Aug 12, 2022 | $0.288 | 0.92% |
| May 13, 2022 | $0.238 | 1.01% |
| Feb 14, 2022 | $0.238 | 0.97% |
| Nov 12, 2021 | $0.238 | 0.78% |
| Aug 12, 2021 | $0.238 | 1.35% |
| May 13, 2021 | $0.188 | 1.22% |
| Feb 11, 2021 | $0.188 | 1.04% |
| Nov 5, 2020 | $0.703 | 0.83% |
| Nov 7, 2019 | $0.638 | 0.97% |
| Nov 8, 2018 | $0.513 | 1.13% |
| Nov 9, 2017 | $0.405 | 1.11% |
| Nov 2, 2016 | $0.333 | 1.3% |
| Nov 4, 2015 | $0.263 | 1.15% |
Cintas dividend payout ratio
Payout ratio
Cintas's payout ratio of 34.8% is above the Industrials sector and its peers average but below the industry average. Compared to its Industrials sector average of 31%, Cintas's payout ratio is 12% higher.
Total amount of dividends paid per financial year (from cash flow)
CTAS dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ABM Abm Industries Inc | 1.65% | $0.9 | 37% |
| GNTX Gentex Corp | 1.62% | $0.48 | 26.7% |
| ARMK Aramark | 0.98% | $0.38 | 28.8% |
| UNF Unifirst Corp | 0.69% | $1.32 | 18.5% |
| CTAS Cintas Corp | 0.66% | $1.4 | 34.8% |
| HCSG Healthcare Services Group Inc | N/A | N/A | N/A |
Frequently asked questions
Does Cintas pay a dividend?
Yes, Cintas has paid four dividends in the last 12 months. CTAS has been paying dividends since 1994.
When was CTAS's last dividend?
Cintas's last dividend ex-date was on Aug 15, 2024. The dividend amount was $0.39 per share.
How much dividend does Cintas pay (per share)?
CTAS has paid dividend of $1.4 per share in the last year.
What is Cintas's dividend yield?
Currently Cintas's dividend yield is 0.66%.
How often does Cintas pay dividends?
Cintas has a quarterly dividend frequency.
What is Cintas's dividend payout ratio?
The dividend payout ratio of Cintas is 34.8%.
Does Cintas pay a good dividend?
Cintas's dividend yield is less than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.