Cintas (WBO:CTAS) Dividend Payout Ratio

: 0.35 (As of Feb. 2024)

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Cintas's dividend payout ratio for the months ended in Feb. 2024 was 0.35.

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

WBO:CTAS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.28 Max: 0.49
Current: 0.36

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.

WBO:CTAS's Dividend Payout Ratio is ranked better than
55.38% of 520 companies
in the Business Services industry
Industry Median: 0.39 vs WBO:CTAS: 0.36

As of today (2024-04-19), the Dividend Yield % of Cintas is 0.77%.

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

Cintas's Dividends per Share for the months ended in Feb. 2024 was €1.25.

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.

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.

The growth rate is calculated with least square regression.

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

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 Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Dividend Payout Ratio

0.27

0.31

0.49

0.33

0.35

Cintas Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Dividend Payout Ratio																0.37	0.35	0.37	0.37	0.35

Competitive Comparison

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 Dividend Payout Ratio Distribution

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Cintas's Dividend Payout Ratio for the fiscal year that ended in May. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: May. 2023 )	/	EPS without NRI (A: May. 2023 )
	=	4.232	/	11.951
	=	0.35

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 )
	=	1.251	/	3.56
	=	0.35

Cintas (WBO:CTAS) Dividend Payout Ratio Explanation

In dividends investing, 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

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Cintas (WBO:CTAS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CTAS:USA CTAS:Mexico CIT:Germany

Address

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

Website

https://www.cintas.com

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.