Mergent Includes Cintas on List of Dividend Achievers for 2003
Cincinnati, Ohio - Cintas
Corporation (Nasdaq:
CTAS) is saluted for
rewarding shareholders.
Mergent recognized
Cintas Corporation
as a 2003 Dividend
Achiever for their
years of consecutive
dividend increases.
This year marks Cintas'
20th anniversary as
a public company. The
company increased dividends
during each of those
years, resulting in
a compounded annual
growth rate of 29 percent.
In a letter informing
the company of their
designation, Mergent
commended Cintas "for
years of successful
fiscal management and
shareholder awareness
that have been reflected
in your dividend policies".
Mergent has been tracking
companies achieving
ten or more consecutive
years of dividend increases
since 1979 and acknowledging
them in their publication,
Mergent's Dividend
Achievers. In 2002,
only 2.5 percent of
all dividend-paying
U.S. companies achieved
this outstanding record.
Combined, these companies
outperformed the S&P
500 total return by
more than 20 percentage
points.
"We are honored to
receive this designation," said
Robert J. Kohlhepp,
Cintas' Chief Executive
Officer.
"It, along with our 33 consecutive years of growth
in sales, profits, and employees (who we call partners),
affirms that we are meeting our principal objective
of maximizing the long-term value of Cintas for our
shareholders and working partners by exceeding our
customers' expectations."
About Cintas
Cintas Corporation, headquartered in Cincinnati,
Ohio, is the leader in the corporate identity uniform
industry providing uniforms to a wide variety of
businesses nationwide. The Company also provides
a wide range of outsourcing services including
entrance mats, sanitation supplies, cleanroom services,
and first aid and safety products and services.
Cintas is a publicly held company traded over Nasdaq
National Market under the symbol CTAS, and is a
Nasdaq-100 Company and component of the Standard & Poor's
500 Index. The Company is set to achieve 34 consecutive
years of growth in sales and earnings.
About Mergent
Mergent, Inc., a leading provider of global business
and financial information on publicly traded companies,
operates sales offices in key North American cities,
as well as London, Tokyo and Sydney. Mergent's
products date back to 1900 and contain information
on more than 15,000 U.S. public companies, 20,000
non-U.S. public companies in 100 countries, and
20,000 U.S. municipal entities, as well as extensive
corporate and municipal bond, UIT and dividend
information. More than 200,000 professional and
individual clients worldwide turn to Mergent's
products.
For additional information contact:
William C. Galef
Vice President - Finance and CFO
(513) 573-4211
Karen L. Carnahan
Vice President and Treasurer
(513) 573-4013
|