Cintas Corporation (NASDAQ:CTAS) Updates On Quarterly Dividend


As per Cintas Corporation (NASDAQ:CTAS) statement on 2015-10-14, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $1.05 per share as dividend to stakeholders. The record date is set as 2015-11-06, the payout date as 2015-12-04 and the ex-dividend date is 2015-11-04.

Last fiscal Cintas Corporation (NASDAQ:CTAS) disbursed cash dividend of $1.05. A year ago, the payout was $1.05, which indicates a difference of -38.2353%. The past track record of five years substantiates that the average payout as given by the firm stands at $1.05, implying 16.4659% growth.

For the period ended on 2016-05-31, Cintas Corporation (NASDAQ:CTAS)’s earnings came at $1.08 per share compared to EPS of $0.93 a year ago. This quarter the firm can post earnings for quarter ending 2016-08-31 on or around 2016-09-22. For this quarter, the analysts have earnings estimate of $1.09 per share.

The interim price target for Cintas Corporation (NASDAQ:CTAS) is set at $113.375. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Cintas Corporation (NASDAQ:CTAS) is seen at $140 and the lowest level is established at $80. This broad range highlights a standard deviation of $23.083 in reported estimates.

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