Cintas Dividends
| CTAS Stock | USD 221.49 0.00 0.00% |
Dividends Paid is likely to gain to about 557.5 M in 2024, whereas Dividend Yield is likely to drop 0.01 in 2024. Cintas' past performance could be the main factor of why investors trade Cintas stock today. Investors should clearly understand every aspect of the Cintas dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Cintas' dividend schedule and payout information. Cintas dividends can also provide a clue to the current valuation of Cintas.
Number Of Dividends | Years Issued 40 | Previous Year 4 Times | Current Year 4 Times | Year Average 1.33 | Volatility 0.92 |
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 530.9 M | 557.5 M | |
| Dividend Yield | 0.01 | 0.01 | |
| Dividend Payout Ratio | 0.34 | 0.18 | |
| Dividend Paid And Capex Coverage Ratio | 2.21 | 1.50 |
Cintas |
Investing in dividend-paying stocks, such as Cintas is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Cintas must own a stock before its ex-dividend date to receive its next dividend.
Cintas Dividends Paid Over Time
Today, most investors in Cintas Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cintas' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cintas dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
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Cintas Historical Dividend Yield Growth
A solid dividend growth pattern of Cintas could indicate future dividend growth is likely, which can signal long-term profitability for Cintas. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Cintas dividend as a percentage of Cintas stock price. Cintas dividend yield is a measure of Cintas stock productivity, which can be interpreted as interest rate earned on an Cintas investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Cintas Dividends Paid (per share)
Dividends Paid |
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Cintas Expected Dividend Income Per Share
Dividend payment represents part of Cintas' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Cintas. Cintas' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$3.5 Bottom Scenario | $3.57 | $3.63 Top Scenario |
One Year
Cintas expected dividend income per share adjusted for ongoing price standard deviation
Cintas Past Distributions to stockholders
| 3rd of September 2024 | ||
| 14th of June 2024 | ||
| 15th of March 2024 | ||
| 15th of December 2023 | ||
| 15th of September 2023 | ||
| 15th of June 2023 | ||
| 15th of March 2023 | ||
| 15th of February 2023 | ||
| 15th of December 2022 |
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cintas. If investors know Cintas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cintas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.183 | Dividend Share 1.403 | Earnings Share 3.97 | Revenue Per Share 24.055 | Quarterly Revenue Growth 0.068 |
The market value of Cintas is measured differently than its book value, which is the value of Cintas that is recorded on the company's balance sheet. Investors also form their own opinion of Cintas' value that differs from its market value or its book value, called intrinsic value, which is Cintas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cintas' market value can be influenced by many factors that don't directly affect Cintas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cintas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cintas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cintas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.