Dividend Aristocrat Cintas Corporation (CTAS) will raise its annual dividend by 21.8 percent to $1.62 per share in 2017. The corporate uniforms company has now raised its dividend for 34 consecutive years.

This increased dividend is payable on December 8, 2017 to shareholders of record as of November 10, 2017.

Scott D. Farmer, Chairman of the Board and Chief Executive Officer of Cintas said, “Fiscal 2017 was a transformational year for Cintas, as all of our businesses performed very well, and we completed the acquisition of G&K Services, Inc., the largest acquisition in company history. We are off to a good start in fiscal 2018, and Cintas’ future remains bright thanks to the dedication an d performance of our working partners.”

Cintas Corporation is a supplier of corporate identity uniform programs, entrance and logo mats, restroom supplies, promotional products, first aid, safety, fire protection products and services, and industrial carpet and tile cleaning. The company’s products and services include uniforms, floor care, restroom supplies, first aid and safety products, fire extinguishers and testing, and safety compliance training. Cintas has paid a dividend every year since the Company went public in 1983.