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Thursday, July 31, 2025

Cintas Dividend Increase

On 29 July, Cintas (CTAS) increased its dividend by 15.4%, from 39¢ to 45¢ per share.

The dividend is payable on 15 September to shareholders of record on 15 August. 

CTAS's forward yield is 0.80% at $224.53 per share.

I own 120 CTAS shares at an average cost of $117.32 per share. CTAS's contribution to DivGro's projected annual dividend income will increase by $28.80 to $216. 

My yield on cost is now 1.53%.

Since opening my position in August 2021, the stock has generated a total return of 94%, including $431.20 in dividend income. That is a spectacular annualized rate of return of 27.6%! 
5-Year History of Dividend Payouts by Ex-Date
2020 2021 2022 2023 2024 • 2025
$0..703 $0.850 $1.050 $1.250 $1.455 ⬆ $1.680✝
10.20% 21.00% 23.53% 19.05% 16.40% ⬇ 15.46%
5-year DGR: 17.94% ⬆ 19.05%

✝projected, assuming no further changes

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