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