Current Yield
1.03%
TTM Dividend/Share
$1.80
Payment Frequency
Quarterly
Payout Ratio
38.0%
Consecutive Growth Years
5 (Dividend Challenger)
Key takeaways
- Dividend Challenger — Cintas (CTAS) has raised its dividend for 5 consecutive years.
- Cintas (CTAS) currently yields 1.03%, paying $1.80 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 38.0% — the share of earnings distributed as dividends.
- 5 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 13.87%.
Dividend health for Cintas (CTAS)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 14.9% |
FCF payout ratio | 10.2% |
Net debt / EBITDA | 0.9x |
Interest coverage | 24.22x |
ROIC (TTM) | 26.8% |
Dividend safety score for Cintas (CTAS)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
5 of 8 checks passed
Payout ratio below 75%
Payout ratio is 38.0%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $1.1B — FCF fully covers the payout.
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 5 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 10.2%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 0.9x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (13.9%) exceeds EPS growth (10.4%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
59 payments from 1985 to 2026 · Adj. Dividend is split-adjusted
| May 15, 2026 | Jun 15, 2026 | $0.4500 | $0.4500 |
| Feb 13, 2026 | Mar 13, 2026 | $0.4500 | $0.4500 |
| Nov 14, 2025 | Dec 15, 2025 | $0.4500 | $0.4500 |
| Aug 15, 2025 | Sep 15, 2025 | $0.4500 | $0.4500 |
| May 15, 2025 | Jun 13, 2025 | $0.3900 | $0.3900 |
| Feb 14, 2025 | Mar 14, 2025 | $0.3900 | $0.3900 |
| Nov 15, 2024 | Dec 13, 2024 | $0.3900 | $0.3900 |
| Aug 15, 2024 | Sep 3, 2024 | $1.5600 | $0.3900 |
| May 14, 2024 | Jun 14, 2024 | $1.3500 | $0.3375 |
| Feb 14, 2024 | Mar 15, 2024 | $1.3500 | $0.3375 |
| Nov 14, 2023 | Dec 15, 2023 | $1.3500 | $0.3375 |
| Aug 14, 2023 | Sep 15, 2023 | $1.3500 | $0.3375 |
- May 15, 2026$0.4500
- Feb 13, 2026$0.4500
- Nov 14, 2025$0.4500
- Aug 15, 2025$0.4500
- May 15, 2025$0.3900
- Feb 14, 2025$0.3900
- Nov 15, 2024$0.3900
- Aug 15, 2024$1.5600
- May 14, 2024$1.3500
- Feb 14, 2024$1.3500
- Nov 14, 2023$1.3500
- Aug 14, 2023$1.3500
Historical dividend yield for Cintas (CTAS)
Dividend per share for Cintas (CTAS)
CAGR (per year)1Y: 15.46%5Y: 13.87%10Y: 20.40%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 1985 | $0.00 | 1 |
| 1986 | $0.00 | 1 |
| 1987 | $0.00 | 1 |
| 1988 | $0.00 | 1 |
| 1989 | $0.00 | 1 |
| 1990 | $0.01 | 1 |
| 1991 | $0.01 | 1 |
| 1992 | $0.00 | 1 |
| 1993 | $0.01 | 1 |
| 1994 | $0.01 | 1 |
| 1995 | $0.02 | 1 |
| 1996 | $0.02 | 1 |
| 1997 | $0.03 | 1 |
| 1998 | $0.03 | 1 |
| 1999 | $0.04 | 1 |
| 2000 | $0.05 | 1 |
| 2001 | $0.06 | 1 |
| 2002 | $0.06 | 1 |
| 2003 | $0.07 | 1 |
| 2004 | $0.07 | 1 |
| 2005 | $0.08 | 1 |
| 2006 | $0.09 | 1 |
| 2007 | $0.10 | 1 |
| 2008 | $0.12 | 1 |
| 2009 | $0.12 | 1 |
| 2010 | $0.24 | 2 |
| 2011 | $0.14 | 1 |
| 2012 | $0.16 | 1 |
| 2013 | $0.19 | 1 |
| 2014 | $0.42 | 1 |
| 2015 | $0.26 | 1 |
| 2016 | $0.33 | 1 |
| 2017 | $0.41 | 1 |
| 2018 | $0.51 | 1 |
| 2019 | $0.64 | 1 |
| 2020 | $0.88 | 1 |
| 2021 | $0.85 | 4 |
| 2022 | $1.05 | 4 |
| 2023 | $1.25 | 4 |
| 2024 | $1.46 | 4 |
| 2025 | $1.68 | 4 |
| 2026 | $0.90 | 2 |
Dividend growth for Cintas (CTAS)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $1.6800 | — | — |
| 2025 | $1.4550 | $1.6800 | +15.5% |
| 2024 | $1.2500 | $1.4550 | +16.4% |
| 2023 | $1.0500 | $1.2500 | +19.0% |
| 2022 | $0.8500 | $1.0500 | +23.5% |
| 2021 | $0.8775 | $0.8500 | -3.1% |
| 2020 | $0.6375 | $0.8775 | +37.6% |
| 2019 | $0.5125 | $0.6375 | +24.4% |
| 2018 | $0.4050 | $0.5125 | +26.5% |
| 2017 | $0.3325 | $0.4050 | +21.8% |
| 2016 | $0.2625 | $0.3325 | +26.7% |
| 2015 | $0.4250 | $0.2625 | -38.2% |
| 2014 | $0.1925 | $0.4250 | +120.8% |
| 2013 | $0.1600 | $0.1925 | +20.3% |
| 2012 | $0.1350 | $0.1600 | +18.5% |
| 2011 | $0.2425 | $0.1350 | -44.3% |
| 2010 | $0.1175 | $0.2425 | +106.4% |
| 2009 | $0.1150 | $0.1175 | +2.2% |
| 2008 | $0.0975 | $0.1150 | +17.9% |
| 2007 | $0.0875 | $0.0975 | +11.4% |
| 2006 | $0.0800 | $0.0875 | +9.4% |
| 2005 | $0.0725 | $0.0800 | +10.3% |
| 2004 | $0.0675 | $0.0725 | +7.4% |
| 2003 | $0.0625 | $0.0675 | +8.0% |
| 2002 | $0.0550 | $0.0625 | +13.6% |
| 2001 | $0.0467 | $0.0550 | +17.9% |
| 2000 | $0.0367 | $0.0467 | +27.3% |
| 1999 | $0.0300 | $0.0367 | +22.2% |
| 1998 | $0.0250 | $0.0300 | +20.0% |
| 1997 | $0.0208 | $0.0250 | +20.0% |
| 1996 | $0.0167 | $0.0208 | +25.0% |
| 1995 | $0.0142 | $0.0167 | +17.6% |
| 1994 | $0.0117 | $0.0142 | +21.4% |
| 1993 | $0.0046 | $0.0117 | +154.6% |
| 1992 | $0.0079 | $0.0046 | -42.1% |
| 1991 | $0.0064 | $0.0079 | +23.9% |
| 1990 | $0.0047 | $0.0064 | +35.3% |
| 1989 | $0.0036 | $0.0047 | +30.8% |
| 1988 | $0.0013 | $0.0036 | +188.9% |
| 1987 | $0.0021 | $0.0013 | -40.0% |
| 1986 | $0.0017 | $0.0021 | +25.0% |
| 1985 | — | $0.0017 | — |
- 2026—
- 2025$1.6800
- 2024$1.4550
- 2023$1.2500
- 2022$1.0500
- 2021$0.8500
- 2020$0.8775
- 2019$0.6375
- 2018$0.5125
- 2017$0.4050
- 2016$0.3325
- 2015$0.2625
- 2014$0.4250
- 2013$0.1925
- 2012$0.1600
- 2011$0.1350
- 2010$0.2425
- 2009$0.1175
- 2008$0.1150
- 2007$0.0975
- 2006$0.0875
- 2005$0.0800
- 2004$0.0725
- 2003$0.0675
- 2002$0.0625
- 2001$0.0550
- 2000$0.0467
- 1999$0.0367
- 1998$0.0300
- 1997$0.0250
- 1996$0.0208
- 1995$0.0167
- 1994$0.0142
- 1993$0.0117
- 1992$0.0046
- 1991$0.0079
- 1990$0.0064
- 1989$0.0047
- 1988$0.0036
- 1987$0.0013
- 1986$0.0021
- 1985$0.0017
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Cintas (CTAS) Key Financials
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