Cintas boosts quarterly dividend 17% to $1.35 from $1.15 per share

Cintas approved a quarterly cash dividend of $1.35 per share of common stock payable on September 15, to shareholders of record at the close of business on August 15. This represents a 17.4% increase compared to last fiscal year’s dividend. “Cintas has a strong record of returning capital to its shareholders and has consistently raised its dividend each year since Cintas’ initial public offering 40 years ago in 1983,” the company said in a statement.