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Tuesday, October 27, 2020 11:29:57 AM
"Cintas Corp. CTAS, -0.19% announced Tuesday a new annual dividend rate of $2.81 share, up 10.2% from its previous dividend rate, and said it is changing its payout policy to a quarterly dividend from one annual payout.
The uniform maker declared a 70-cent quarterly dividend, payable Dec. 4 to shareholders of record on Nov. 6. Based on Monday's stock closing price of $328.93, the new annual dividend rate implies a yield of 0.85%, compared with the implied dividend yield for the S&P 500 SPX, -0.16% of 1.70%. The stock, which was still inactive in premarket trading, has climbed 22.2% year to date, while the S&P 500 SPX, -0.16% has gained 5.3%."
https://www.marketwatch.com/story/cintas-boosts-dividend-rate-by-10-changes-payout-policy-to-quarterly-from-annual-2020-10-27
Recent CTAS News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 08:16:25 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/25/2024 06:01:02 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/24/2024 06:48:53 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 07/23/2024 08:05:50 PM
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