Cintas Corporation (CTAS)

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"Cintas Hikes Annual Dividend by 23.5% on Strong Cash Flow"

"Business services provider Cintas Corporation CTAS recently announced a 23.5% year-over-year hike in its annual dividend payout to $1.05 per share. The dividend is payable on Dec 4 to shareholders of record as of Nov 6.

Based on the closing price of $90.68 on Oct 14, 2015, the proposed dividend offers a yield of approximately 1.1%. The dividend hike is part of the long-term strategy of the company to return significant free cash flow to shareholders and represents the 32nd consecutive year in which it has been raised."

http://finance.yahoo.com/news/cintas-hikes-annual-dividend-23-155003594.html