Cintas Corporation announced that the Company’s Board of Directors approved 77 cents per share annual dividend at its meeting.
This dividend represents a 20.3% increase over last year’s annual dividend of 64 cents per share. This dividend is payable on December 11, 2013, to shareholders of record as of November 8, 2013.
Robert J. Kohlhepp, Chairman of the Board of Cintas said, "Our fiscal year ended May 31, 2013, marked another year of record sales and earnings per share. Given these excellent results together with our strong financial position, we are pleased to announce an increase in the dividend for the 31st consecutive year. The dividend together with our share buyback program during the year continues to demonstrate our commitment to increasing shareholder value."