Cintas Company Announces Quarterly Dividend | Business enterprise & Finance

CINCINNATI–(Business WIRE)–Apr 13, 2021–

Cintas Corporation (Nasdaq: CTAS) announced that the Company’s Board of Directors authorized a $.75 per share quarterly dividend at its assembly currently. This dividend is payable on June 15, 2021 to shareholders of document as of May 15, 2021. Cintas has paid out income dividends on its widespread inventory for 37 consecutive several years because it went general public in 1983 and improved the annual regular dividend each individual calendar year.

At its October 27, 2020 assembly, the Cintas Board of Administrators authorized a adjust in dividend plan from an yearly dividend to quarterly dividends. Any long term dividend declarations, which include the volume of any dividends, are at the discretion of the Board of Administrators and dependent on then-existing circumstances, including the Company’s functioning effects and fiscal situation, funds necessities, contractual limitations, business potential clients and other aspects that the Board of Administrators may possibly deem pertinent.

Cintas Corporation allows a lot more than 1 million organizations of all varieties and measurements get Ready™ to open their doorways with self esteem each working day by providing solutions and companies that assist continue to keep their customers’ amenities and employees thoroughly clean, protected and seeking their finest. With offerings including uniforms, mats, mops, restroom materials, initial aid and security items, hearth extinguishers and tests, and basic safety teaching, Cintas will help clients get Prepared for the Workday®. The corporation is also the creator of the Complete Clean Program™ — a initial-of-its-sort service that consists of scheduled shipping and delivery of critical cleansing supplies, hygienically clean laundering, and sanitizing and disinfecting merchandise and providers. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 firm traded above the Nasdaq International Pick out Market place below the image CTAS and is a component of the two the Regular & Poor’s 500 Index and Nasdaq-100 Index.

Warning Concerning Forward-Looking STATEMENTS

The Non-public Securities Litigation Reform Act of 1995 gives a risk-free harbor from civil litigation for forward-on the lookout statements. Forward-seeking statements may be recognized by words and phrases such as “estimates,” “anticipates,” “predicts,” “projects,” “plans,” “expects,” “intends,” “target,” “forecast,” “believes,” “seeks,” “could,” “should,” “may” and “will” or the destructive versions thereof and very similar text, phrases and expressions and by the context in which they are utilised. These statements are primarily based on present-day anticipations of Cintas and speak only as of the date created. You ought to not location undue reliance on any ahead-wanting statement. We can not assure that any forward-looking statement will be recognized. These statements are issue to various dangers, uncertainties, potentially inaccurate assumptions and other aspects that could trigger real final results to vary from all those established forth in or implied by this Press Launch. Factors that may possibly bring about these kinds of a variation consist of, but are not constrained to, the chance of larger than expected running fees which include power and fuel fees reduce profits volumes loss of buyers due to outsourcing traits the general performance and expenditures of integration of acquisitions fluctuations in costs of products and labor together with improved health-related expenditures charges and probable outcomes of union organizing functions failure to comply with federal government regulations concerning work discrimination, staff shell out and benefits and employee wellbeing and basic safety the result on operations of exchange charge fluctuations, tariffs and other political, financial and regulatory risks uncertainties pertaining to any existing or recently-found out bills and liabilities related to environmental compliance and remediation the expense, effects and ongoing evaluation of internal controls for economic reporting required by the Sarbanes-Oxley Act of 2002 the effect of new accounting pronouncements disruptions prompted by the inaccessibility of computer system programs details, which includes cybersecurity pitfalls the initiation or end result of litigation, investigations or other proceedings increased assumed sourcing or distribution charges of products the disruption of functions from catastrophic or amazing events which includes viral pandemics such as the COVID-19 coronavirus the sum and timing of repurchases of our common stock, if any variations in federal and condition tax and labor legal guidelines and the reactions of opponents in phrases of price and service. Cintas undertakes no obligation to publicly launch any revisions to any forward-wanting statements or to in any other case update any forward-hunting statements whether as a final result of new information and facts or to reflect gatherings, circumstances or any other unanticipated developments arising just after the date on which these types of statements are made. A more listing and description of hazards, uncertainties and other issues can be located in our Annual Report on Kind 10-K for the yr ended Might 31, 2020 and in our experiences on Forms 10-Q and 8-K. The threats and uncertainties described herein are not the only kinds we might experience. Extra challenges and uncertainties presently not recognised to us, or that we currently feel to be immaterial, may possibly also damage our company.

Make contact with: J. Michael Hansen, Government Vice President and Chief Economic Officer – 513-972-2079

Paul F. Adler, Vice President – Treasurer & Trader Relations – 513-972-4195

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PUB: 04/13/2021 04:15 PM/DISC: 04/13/2021 04:15 PM

Copyright Small business Wire 2021.