Cintas Corporation Announces Increased Annual Dividend
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.”
Headquartered in Cincinnati, Cintas Corporation provides highly specialized services to businesses of all types predominantly in the U.S. and Canada. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products, first aid and safety products, fire protection services, and document management services for approximately 800,000 businesses.