Cintas Corp Stock Price, News & Analysis

Cintas Corporation (NASDAQ: CTAS) has launched the 2021 Cintas S.H.I.N.E. (Star Housekeepers In a New Era) Award to honor housekeeping professionals in the U.S. hospitality industry. The award offers a grand prize of $5,000 for the winner, along with significant prizes for their property, including $2,500 in cleaning products and a training package valued at $3,500. Nine runners-up will receive cash prizes and memberships to the Indoor Environmental Healthcare and Hospitality Association (IEHA). Nominations are open until October 15, 2021.

Cintas Corporation (NASDAQ: CTAS) aims to achieve Net Zero greenhouse gas emissions by 2050, as part of an extensive organizational review focused on ESG opportunities. The company seeks to define its environmental strategies over the next 12-18 months, targeting reductions in Scope 1, 2, and 3 GHG emissions. Achievements between 2016 and 2020 include a 16% improvement in water efficiency and a 13% reduction in energy consumption while sales rose by 48%. Cintas emphasizes its commitment to sustainable business practices, rooted in its founding principles.

Cintas Corporation (NASDAQ: CTAS) invites the public to vote for their favorite finalist in the 2021 America’s Best Restroom contest, which highlights innovative public restrooms nationwide. Voting ends on August 20. Ten finalists, including locations like JFK Airport's Terminal 4 and Nan Thai Fine Dining, are selected based on cleanliness and design. The winner will be inducted into the America’s Best Restroom Hall of Fame and receive $2,500 in products from Cintas. Last year's winner was Bancroft Park in Colorado Springs, recognized for its self-cleaning facilities.

Cintas Corporation (Nasdaq: CTAS) has declared a quarterly cash dividend of $0.95 per share, effective September 15, 2021, marking a significant 26.7% increase from the previous dividend. This growth underlines Cintas's strong commitment to returning value to shareholders. Additionally, the Board approved a new share buyback program worth $1.5 billion, enabling the company to repurchase shares at its discretion. Cintas reported record revenue and earnings per share for fiscal 2021, demonstrating robust financial health and confidence in future growth.

Cintas Corporation (NASDAQ: CTAS) has released five essential tips for restaurants preparing for an increase in foot traffic as COVID-19 restrictions ease. Key recommendations include outsourcing laundry services, stocking cleaning supplies and PPE, conducting regular deep cleaning of restrooms, maintaining kitchen drain lines, and installing touchless dispensers. Cintas emphasizes the importance of upholding cleanliness standards to meet customer expectations. These services are part of Cintas's offerings aimed at helping businesses maintain hygiene and operational efficiency.

Cintas Corporation (NASDAQ: CTAS) announces the finalists for the 2021 America’s Best Restroom® contest, celebrating innovative public restrooms across the U.S. The competition features 10 finalists, including locations like JFK Airport’s Terminal 4 and Two Cities Pizza in Cincinnati. Voting is open until August 20 at www.bestrestroom.com/us/. The winner receives recognition in the America’s Best Restroom Hall of Fame along with $2,500 in restroom services. Last year's winner was Bancroft Park in Colorado Springs.