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Cintas (WBO:CTAS) Dividend Yield %

: 0.76% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of Cintas is 0.76%.

Warning Sign:

Cintas Corp stock dividend yield is close to 10-year low.

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

WBO:CTAS' s Dividend Yield % Range Over the Past 10 Years
Min: 0.7   Med: 0.99   Max: 1.55
Current: 0.76

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

WBO:CTAS's Dividend Yield % is ranked worse than
90.44% of 586 companies
in the Business Services industry
Industry Median: 2.905 vs WBO:CTAS: 0.76

Cintas's Dividend Payout Ratio for the three months ended in Feb. 2024 was 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 0.28.

As of today (2024-04-18), the Forward Dividend Yield % of Cintas is 0.79%.

Cintas's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Cintas's Dividend Yield % 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 Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 1.03 1.43 0.94 0.99

Cintas Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 0.99 0.95 0.92 0.83

Competitive Comparison

For the Specialty Business Services subindustry, Cintas's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution

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

* The bar in red indicates where Cintas's Dividend Yield % falls into.



Cintas Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Cintas Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3502024-02-142024-02-152024-03-15Cash DividendquarterlyUSD:EUR 0.927000
USD 1.3502023-11-142023-11-152023-12-15Cash DividendquarterlyUSD:EUR 0.924000
USD 1.3502023-08-142023-08-152023-09-15Cash DividendquarterlyUSD:EUR 0.917000
USD 1.1502023-05-122023-05-152023-06-15Cash DividendquarterlyUSD:EUR 0.920000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cintas's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.7948/627.80
=0.76 %

Current Share Price is €627.80.
Cintas's Dividends per Share for the trailing twelve months (TTM) ended in Today is €4.7948.

Cintas's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.0058/627.80
=0.80 %

Current Share Price is €627.80.
Cintas's Dividends per Share for the forward twelve months is calculated as €1.25145 * 4 = €5.0058.

* 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.


Cintas  (WBO:CTAS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cintas Dividend Yield % Related Terms

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


Cintas (WBO:CTAS) Business Description

Traded in Other Exchanges
Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
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.

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