Reported about 2 months ago
Cintas, a corporate uniform and business services provider, is preparing for a 4-for-1 stock split on September 11, 2024, marking the sixth time it has executed such a move since its IPO in 1983. The company has impressively gained over 120,000% since its debut, driven by a diverse customer base, strategic acquisitions, and consistent dividend increases. As excitement builds around stock splits in 2024, Cintas stands to become Wall Street's latest focal point, following the significant splits of AI leaders Nvidia and Broadcom.
Source: YAHOO