CTAS (Cintas) Dividend Payout Ratio : 0.36 (As of Nov. 2024)

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What is Cintas Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Cintas's Dividend Payout Ratio for the months ended in Nov. 2024 was 0.36.

The historical rank and industry rank for Cintas's Dividend Payout Ratio or its related term are showing as below:

CTAS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.3 Max: 0.49
Current: 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 0.30.

CTAS's Dividend Payout Ratio is ranked better than
56.9% of 522 companies
in the Business Services industry
Industry Median: 0.39 vs CTAS: 0.35

As of today (2025-03-16), the Dividend Yield % of Cintas is 0.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cintas was 1.55%. The lowest was 0.62%. And the median was 0.95%.

Cintas's Dividends per Share for the months ended in Nov. 2024 was $0.39.

During the past 12 months, Cintas's average Dividends Per Share Growth Rate was 16.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 19.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.70% per year.

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 2.30% per year. And the median was 19.40% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Cintas Dividend Payout Ratio Historical Data

The historical data trend for Cintas's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Cintas Dividend Payout Ratio Chart

Cintas Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Dividend Payout Ratio

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0.32

0.49

0.34

0.35

0.36

Cintas Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.38	0.35	0.34	0.36	0.36

Competitive Comparison of Cintas's Dividend Payout Ratio

For the Specialty Business Services subindustry, Cintas's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cintas's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cintas's Dividend Payout Ratio falls into.

Cintas Dividend Payout Ratio Calculation

Cintas's Dividend Payout Ratio for the fiscal year that ended in May. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: May. 2024 )	/	EPS without NRI (A: May. 2024 )
	=	1.35	/	3.788
	=	0.36

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

Dividend Payout Ratio	=	Dividends per Share (Q: Nov. 2024 )	/	EPS without NRI (Q: Nov. 2024 )
	=	0.39	/	1.09
	=	0.36

Cintas (NAS:CTAS) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Cintas Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Cintas's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Cintas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cintas Corp (NAS:CTAS) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CTAS:Mexico 0HYJ:UK CIT:Germany C1TA34:Brazil CTAS:Austria

Address

6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737

Website

https://www.cintas.com

Cintas has roots tracing back to 1929, during which the Farmer family cleaned and re-sold dirty rags to manufacturing plants in Ohio. The firm has grown its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. In the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid, fire, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.

Executives

Todd M. Schneider	director, officer: CEO and Director	P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
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
Ronald W Tysoe	director	C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
J. Michael Hansen	officer: VP & CFO	6800 CINTAS BOULEVARD, CINCINNATI OH 45262-5737
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
John F Barrett	director
David Brock Denton	officer: Sr VP, Secretary & Gen Counsel	P.O. BOX 625737, CINCINNATI OH 45262
Michael Lawrence Thompson	officer: Executive Vice President & CAO	6800 CINTAS BOULEVARD, P.O. BOX 625737, CINCINNATI OH 45262
Joseph Scaminace	director	C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
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