SmarterDividends
CTAS

Cintas Corporation

CTAS

Industrials · Specialty Business Services · Stock · quarterly payer

$224.10

Overvalued · -46% Add to Portfolio

Forward Yield

0.93%

Annual Dividend

$2.08

Payout Ratio

37%

5-Yr Growth

-13.7%

Ex-Date

Aug 14, 2026

Frequency

Quarterly

Key facts about CTAS's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 25, 2026, Cintas Corporation (CTAS) has a forward dividend yield of 0.93%, based on an annual dividend of $2.08 per share and a share price of $224.10.
  • As of Oct 25, 2026, CTAS's dividend safety grade from SmarterDividends is B (71 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Cintas Corporation (CTAS) has raised its dividend for 4 consecutive years as of Oct 25, 2026.
  • CTAS last cut its regular dividend in 2021.
  • CTAS's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.52 per share.
  • As of Oct 25, 2026, CTAS pays out 37% of its trailing 12-month earnings as dividends (its payout ratio).
  • CTAS's dividend has shrunk at an average rate of 13.7% a year over the past five years.
  • As of Oct 25, 2026, SmarterDividends' blended fair-value estimate for CTAS is $120.74 per share, 46% below the $224.10 share price, so CTAS screens as overvalued.
  • Cintas Corporation (CTAS) pays its dividend quarterly, 4 times a year.
  • Cintas Corporation (CTAS) has raised its regular dividend 38 times and cut it 1 time across the 58 payments on record since 1987. Its most recent change was a 15.6% increase to $0.520 per share, going ex-dividend on Aug 14, 2026. The last cut went ex-dividend on Feb 11, 2021.
  • Cintas (CTAS) has declared its first higher dividend of the year in July in 4 of the last 5 years; its most recent raise, 15.6%, was declared on Jul 28, 2026.
Cite this page

SmarterDividends, "CTAS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 25, 2026, https://smarterdividends.com/stocks/CTAS

Summary

As of Oct 25, 2026, Cintas Corporation (CTAS) yields 0.93% ($2.08 a year per share), has a dividend safety grade of B (71/100) and has 4 consecutive years of dividend increases on record.

Is CTAS a good dividend stock?

Yes, with caveats

Cintas Corporation (CTAS) pays a quarterly dividend yielding 0.93% ($2.08/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (37%)
  • 112% total price return over 5 years

Risks

  • Cut its dividend in 2021
  • Dividend has been shrinking, not growing

Key Data

Dividend Yield
0.93%
Payout Ratio
37%
Annual Dividend
$2.08
5-Yr Avg Growth
-13.7%
Ex-Dividend Date
Aug 14, 2026
Years of Growth
4
Frequency
quarterly
Beta
0.92
Market Cap
$89.0B
P/E Ratio
44.2
5-Yr Total Return
112%
52-Week Range
$161.16 – $225.79
Dividend Safety
B · 71/100
Ever Cut?
Yes (2021)

CTAS dividend raises and cuts

Cintas Corporation (CTAS) has raised its regular dividend 38 times and cut it 1 time across the 58 payments on record since 1987. Its most recent change was a 15.6% increase to $0.520 per share, going ex-dividend on Aug 14, 2026. The last cut went ex-dividend on Feb 11, 2021.

Ex-dateChangeOld → newMove
Aug 14, 2026Raise$0.450 → $0.520+15.6%
Aug 15, 2025Raise$0.390 → $0.450+15.4%
Aug 15, 2024Raise$0.338 → $0.390+15.6%
Aug 14, 2023Raise$0.288 → $0.338+17.4%
Aug 12, 2022Raise$0.238 → $0.288+21.1%
Aug 12, 2021Raise$0.188 → $0.238+26.7%
Feb 11, 2021Cut$0.638 → $0.188−70.6%
Nov 7, 2019Raise$0.513 → $0.638+24.4%
Nov 8, 2018Raise$0.405 → $0.513+26.5%
Nov 9, 2017Raise$0.333 → $0.405+21.8%
Nov 2, 2016Raise$0.263 → $0.333+26.7%
Nov 4, 2015Raise$0.193 → $0.263+36.4%
Show all 39 changes since 1988
Ex-dateChangeOld → newMove
Nov 6, 2013Raise$0.160 → $0.193+20.3%
Nov 7, 2012Raise$0.135 → $0.160+18.5%
Nov 8, 2011Raise$0.123 → $0.135+10.2%
Nov 9, 2010Raise$0.120 → $0.123+2.1%
Feb 8, 2010Raise$0.118 → $0.120+2.1%
Feb 2, 2009Raise$0.115 → $0.118+2.2%
Feb 4, 2008Raise$0.0975 → $0.115+17.9%
Feb 2, 2007Raise$0.0875 → $0.0975+11.4%
Feb 3, 2006Raise$0.0800 → $0.0875+9.4%
Feb 4, 2005Raise$0.0725 → $0.0800+10.3%
Feb 6, 2004Raise$0.0675 → $0.0725+7.4%
Feb 5, 2003Raise$0.0625 → $0.0675+8.0%
Feb 13, 2002Raise$0.0550 → $0.0625+13.6%
Jan 31, 2001Raise$0.0467 → $0.0550+17.9%
Feb 2, 2000Raise$0.0367 → $0.0467+27.3%
Feb 3, 1999Raise$0.0300 → $0.0367+22.2%
Feb 4, 1998Raise$0.0250 → $0.0300+20.0%
Mar 5, 1997Raise$0.0208 → $0.0250+20.0%
Mar 6, 1996Raise$0.0167 → $0.0208+25.0%
Mar 6, 1995Raise$0.0142 → $0.0167+17.6%
Mar 7, 1994Raise$0.0117 → $0.0142+21.4%
Mar 3, 1993Raise$0.0092 → $0.0117+27.3%
Mar 3, 1992Raise$0.0079 → $0.0092+15.8%
Mar 11, 1991Raise$0.0064 → $0.0079+23.9%
Mar 12, 1990Raise$0.0047 → $0.0064+35.3%
Mar 13, 1989Raise$0.0036 → $0.0047+30.8%
Mar 14, 1988Raise$0.0013 → $0.0036+188.9%
Every CTAS payment →Download every raise and cut (CSV)
CTAS ex-dividend date & scheduleNext ex-date Aug 14, 2026 · full ex-dividend historyView →CTAS dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CTAS a good dividend stock?

Yes, with caveats. Cintas Corporation (CTAS) pays a quarterly dividend yielding 0.93% ($2.08/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is CTAS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CTAS's fair value is about $120.74 versus a $224.10 share price — so it looks overvalued (-46% vs. fair value).

Is CTAS's dividend safe?

CTAS has a dividend-safety grade of B (71/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

What is CTAS's fair value?

Our blended fair-value estimate for CTAS is about $120.74 per share, about 46% below the current $224.10 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CTAS a buy, hold, or sell?

We don't issue formal ratings, but on the data CTAS screens as "yes, with caveats" and overvalued. Cintas Corporation (CTAS) pays a quarterly dividend yielding 0.93% ($2.08/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will CTAS cut its dividend?

CTAS earns a dividend-safety grade of B (71/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CTAS pay a dividend?

Yes. Cintas Corporation pays a quarterly dividend of about $2.08 per share annually, a forward yield of roughly 0.93%.

What is CTAS's dividend yield?

As of Oct 25, 2026, CTAS's forward dividend yield is 0.93%, based on a $2.08 annual dividend and a $224.10 share price.

What is CTAS's dividend per share?

As of Oct 25, 2026, CTAS pays $2.08 per share per year, distributed on a quarterly basis.

What is CTAS's dividend payout ratio?

As of Oct 25, 2026, CTAS's payout ratio is 37% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has CTAS grown its dividend?

As of Oct 25, 2026, CTAS has increased its dividend for 4 consecutive years.

When is the next CTAS ex-dividend date?

As of Oct 25, 2026, CTAS's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.52 per share.

CTAS Dividend News

CTAS
IncreaseCTAS·Aug 24, 2026

Cintas Raises Quarterly Dividend 15.6% to $0.52

Cintas raised its quarterly dividend 15.6% to $0.52, backed by a 37% earnings payout ratio, while its 1.08% yield trails the industrials median.

Income Calculator

At $2.08 / yr per share

Per payment (quarterly)$52.00
Annual$208.00
Monthly avg$17.33

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