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Cintas Corporation, Cincinnati, announced the company’s board of directors approved a $0.48 per share annual dividend, an increase over last year’s annual dividend of $0.47 per share. The dividend is payable on March 10, 2010, to shareholders of record as of February 10, 2010.
Robert J. Kohlhepp, chairman of the board of Cintas said, “We are pleased to announce an increase in this year’s annual dividend for our shareholders. We continue to generate strong cash flows from our business despite the sluggish economy. Our reliable cash flow, in conjunction with our solid balance sheet, has allowed us to increase our annual dividend to shareholders each year since going public in 1983.”
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