Cintas Dividend
Dividend criteria checks 4/6
Cintas is a dividend paying company with a current yield of 0.82% that is well covered by earnings. Next payment date is on 3rd September, 2024 with an ex-dividend date of 15th August, 2024.
Key information
0.8%
Dividend yield
35%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | 03 Sep 24 |
| Ex dividend date | 15 Aug 24 |
| Dividend per share | US$6.240 |
| Earnings per share | US$15.54 |
| Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
Recent updates
Cintas (NASDAQ:CTAS) Is Increasing Its Dividend To $1.56
Aug 01
Is Cintas (NASDAQ:CTAS) Using Too Much Debt?
Jun 27Cintas Corporation (NASDAQ:CTAS) Shares Could Be 31% Above Their Intrinsic Value Estimate
Jun 14Cintas: Economic Profit Is Underappreciated, Not As Pricey As It Appears
Jun 13Cintas: More Dangerous Overvaluation
Jun 07Should You Be Adding Cintas (NASDAQ:CTAS) To Your Watchlist Today?
Jun 02We Think Cintas (NASDAQ:CTAS) Might Have The DNA Of A Multi-Bagger
May 21Earnings Not Telling The Story For Cintas Corporation (NASDAQ:CTAS)
Apr 22Cintas Corporation: Shares Have Risen Too High (Rating Downgrade)
Mar 28Should You Investigate Cintas Corporation (NASDAQ:CTAS) At US$628?
Mar 20Cintas (NASDAQ:CTAS) Has A Rock Solid Balance Sheet
Mar 07With EPS Growth And More, Cintas (NASDAQ:CTAS) Makes An Interesting Case
Feb 22Shareholders Would Enjoy A Repeat Of Cintas' (NASDAQ:CTAS) Recent Growth In Returns
Feb 05Cintas Corporation: I Am Still Positive
Jan 13Cintas Corporation (NASDAQ:CTAS) Investors Are Less Pessimistic Than Expected
Dec 27Do Cintas' (NASDAQ:CTAS) Earnings Warrant Your Attention?
Nov 21Is Cintas (NASDAQ:CTAS) Using Too Much Debt?
Nov 08Investors Should Be Encouraged By Cintas' (NASDAQ:CTAS) Returns On Capital
Oct 28At US$517, Is It Time To Put Cintas Corporation (NASDAQ:CTAS) On Your Watch List?
Oct 17Cintas Corporation (NASDAQ:CTAS) Shares Could Be 28% Above Their Intrinsic Value Estimate
Sep 25Here's Why We Think Cintas (NASDAQ:CTAS) Might Deserve Your Attention Today
Aug 05Returns on Capital Paint A Bright Future For Cintas (NASDAQ:CTAS)
Jul 25We Think Cintas (NASDAQ:CTAS) Can Manage Its Debt With Ease
Jul 14What Does Cintas Corporation's (NASDAQ:CTAS) Share Price Indicate?
Jul 03Are Cintas Corporation (NASDAQ:CTAS) Investors Paying Above The Intrinsic Value?
Jun 20With EPS Growth And More, Cintas (NASDAQ:CTAS) Makes An Interesting Case
May 05Why The 25% Return On Capital At Cintas (NASDAQ:CTAS) Should Have Your Attention
Apr 09Is It Time To Consider Buying Cintas Corporation (NASDAQ:CTAS)?
Mar 28Does Cintas (NASDAQ:CTAS) Have A Healthy Balance Sheet?
Mar 16Here's Why Cintas (NASDAQ:CTAS) Has Caught The Eye Of Investors
Jan 27Calculating The Fair Value Of Cintas Corporation (NASDAQ:CTAS)
Jan 04Cintas (NASDAQ:CTAS) Is Very Good At Capital Allocation
Dec 24Is Now The Time To Look At Buying Cintas Corporation (NASDAQ:CTAS)?
Dec 13These 4 Measures Indicate That Cintas (NASDAQ:CTAS) Is Using Debt Safely
Oct 14Do Cintas' (NASDAQ:CTAS) Earnings Warrant Your Attention?
Oct 03Cintas Q1 2023 Earnings Preview
Sep 27Investors Should Be Encouraged By Cintas' (NASDAQ:CTAS) Returns On Capital
Sep 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTAS's dividends per share have been stable in the past 10 years.
Growing Dividend: CTAS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cintas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTAS) | 0.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Commercial Services) | 1.1% |
| Analyst forecast in 3 Years (CTAS) | 0.9% |
Notable Dividend: CTAS's dividend (0.82%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: CTAS's dividend (0.82%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.1%), CTAS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.6%), CTAS's dividend payments are well covered by cash flows.