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15.10.2015 23:55:00
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Cintas Corporation No. 2 -- Moody's says Cintas' dividend increase a negative credit development, A2 senior unsecured rating not affected
New York, October 15, 2015 -- Moody's Investors Service said Cintas Corporation's announcement that its board had authorized a 23.5% increase to its annual common dividend is a negative credit development but will not impact the A2 senior unsecured credit rating and stable ratings outlook of Cintas Corporation No. 2, the principal operating subsidiary of Cintas Corporation (Cintas).
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