How Safe Is Cintas Corp.'s Dividend?
No matter how high or low a company's dividend is at any given moment, there is no way for an investor can say that a dividend is a complete certainty. There are simply too many variables -- some that may be out of the company's control -- that could cause a management team to cut or even eliminate its dividend entirely.
That said, there are some stocks where the chances of a dividend cut are incredibly low. Uniform rental company Cintas is very much in that category. Not only has it maintained its status as a Dividend Aristocrat for more than a decade, but the company's business model and financials also suggest that investors have little to fear when it comes to Cintas' dividend. Here's a look at what Cintas does and why there is little fear of investors losing its dividend anytime soon.
Image source: Cintas.
Source: Fool.com
Cintas Corp. Stock
With 20 Buy predictions and not the single Sell prediction the community is currently very high on Cintas Corp..
At the moment Cintas Corp. has reached the predicted target price of 707 €, with a current price of 700.0 €.
