Cintas Corporation (NASDAQ:CTAS) Updates On Dividend Release Date


On 2015-10-14, Cintas Corporation (NASDAQ:CTAS) confirmed the dividend disbursement of $1.05 a share to shareholders as on record 2015-11-06. The firm will release dividend on 2015-12-04 while ex-dividend date is reported to be 2015-11-04.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Cintas Corporation (NASDAQ:CTAS) paid a total of $1.05 per share in dividends. This figure stood at $1.05 a share in the same period a year ago indicating a deviation of -38.2353%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $98.428 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $111 and $75, respectively.

Taking the mathematical rating formula, the price for Cintas Corporation (NASDAQ:CTAS) stands at 2.72. Earnings Review Cintas Corporation (NASDAQ:CTAS) will report its quarterly earnings for the period ending on 2016-08-31 by 2016-09-22. For the period ending on 2016-08-31, experts are expecting EPS of $1.09.

Coming to the quarter ending on 2016-05-31, Cintas Corporation (NASDAQ:CTAS) recorded EPS of $1.08. The reported numbers came lower than the analysts’ estimates of $1.02, demonstrating a miss of $0.06 as against reported figures.

Shares of the Cintas Corporation (NASDAQ:CTAS) traded in the range of $106.92 to $107.59 and closed the last trading session at $107.35 on a volume of ((Volume:238}}.

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