Cintas Corporation Recognized by Forbes as One of America's Best Employers for New Grads 2025
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For the second year in a row, Cintas has been recognized for its commitment to creating a work environment that is conducive for recent graduates to build, support and grow their careers
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CINCINNATI — Cintas Corporation (Nasdaq: CTAS) has been named to Forbes' list of America's Best Employers for New Grads 2025. This award, presented in collaboration with Statista, highlights Cintas' dedication to fostering a workplace where recent graduates can thrive, grow, and make a meaningful impact from day one.
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'We are grateful to be recognized by Forbes as one of America's Best Employers for New Grads,' said Todd Schneider, President and CEO of Cintas. 'We take pride in being recognized for our commitment to cultivating a work environment that creates and supports young professionals, enabling them to excel in their careers. Young professionals face unique obstacles, and that's why it is imperative that we provide the necessary tools and a clear pathway toward both professional and personal success.'
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America's Best Employers for New Grads 2025 were identified in an independent survey of over 100,000 U.S. young professionals (employees who have less than 10 years of work experience) working for companies employing at least 1,000 people within the U.S. The final score is based on two types of evaluations: personal (those given by employees themselves) and public (those given by friends and family members of employees, or members of the public who work in the same industry), with a much higher weighting for personal evaluations.
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One of Cintas' key programs for young professionals is the Management Trainee (MT) Program. This program offers immersive, hands-on training across all company operations, supplying trainees with essential personal development to position them for a successful career. After finishing the MT program, trainees are prepared to leverage their strengths and enhance their career advancement.
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Additionally, Newsweek has recently included Cintas in its list of America's Best Workplaces for Gen Z 2025. This recognition further underscores Cintas' commitment to the well-being and growth of its young professionals.
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Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers' facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor's 500 Index and Nasdaq-100 Index.
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Globe and Mail
25 minutes ago
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Your dividend and DRIP questions answered
How do companies and brokers handle dividend payments when stocks are bought or sold between payout cycles? For example, if I sell a stock a week before the payout date, will I lose out on the full value of that dividend payment? Or, conversely, if I purchase a stock just before the payout date, how much of that dividend will I receive? Depending on when you purchase your shares, you'll either get the full dividend, or no dividend at all. Companies don't prorate the dividend amount based on your purchase date. To be eligible for the dividend, you will need to own the stock on the record date for the next dividend payment. The best way to illustrate this is with a real-life example. On May 28, Bank of Montreal declared a quarterly dividend of $1.63 per common share. The record date for the dividend is July 30, and the payment date is Aug. 26. The payment date is straightforward enough. That's the day the dividend is distributed to shareholders. But the record date requires a bit of an explanation. You might think that purchasing the shares on the record date of July 30 will entitle you to the next dividend. But that's not the case. Because it takes one business day for a stock trade to settle – that is, for the shares and cash to actually change hands – you would need to purchase your shares no later than July 29. That way, you'll be a shareholder of record on July 30 and receive the dividend to be paid on Aug. 26. July 30 is also known as the ex-dividend date, because investors who purchase the shares on or after this date will not get the dividend. The record and ex-dividend dates didn't use to fall on the same day. In the past, when the settlement period for stocks was T+3 (the trade date plus three business days), and later shortened to T+2, the ex-dividend date always came before the record date. But when T+1 settlement was adopted a year ago, the record and ex-dividend dates became the same. With all of that said, it's important to understand that timing your stock purchases in order to receive the next dividend isn't going to put you any further ahead. If you buy before the ex-dividend date, the price you pay will reflect the fact that the dividend is included. If you wait until the ex-dividend date to buy, the price should be lower – all else being equal – because the dividend is no longer included. The price of a stock rarely drops by the exact amount of the dividend. The price could even rise on the ex-dividend date. That's because stock prices are affected by many other factors – such as analyst reports, economic news, general market sentiment and company-specific announcements – that have nothing to do with the dividend. Bottom line: If you like a stock, don't worry about whether you'll buy it in time to receive the next dividend. I am writing to you because this really annoys the stuffing out of me. We have two self-directed accounts, one at TD Direct Investing and the other at RBC Direct Investing. All of our stocks are enrolled in the brokers' respective dividend reinvestment plans (DRIPs). Recently, I noticed that the brokers have been reinvesting dividends from the same company at different prices. For example, TD reinvested my Enbridge Inc. dividends at $62.03 a share, and RBC reinvested at a more attractive price of about $61.30. I checked six other examples, and TD reinvested at a higher price in four cases. Should I be concerned? I don't think so. Reinvestment prices often differ because not all brokers operate their DRIPs in the same way. Some brokers purchase DRIP shares on the dividend payment date using the cash received from the company. Others may acquire shares in the days leading up to the pay date. In some cases, shares are purchased on the open market, while in others they are issued by the company's treasury, in which case it might take longer for the shares to show up in your account. When a security is not eligible for a treasury DRIP, 'we purchase shares on the market on the cash dividend payable date. The shares are then posted to your account at the end of the day,' TD Direct Investing explains on its website. Because share prices are constantly changing, even when two different brokers purchase the same shares on the same day, the price can vary depending on what time the transactions occurred. In your case, the fact that one broker reinvested dividends at a higher price in five of seven cases doesn't indicate to me that anyone is trying to rip you off. Rather, given the small sample size, this seems to be well within the bounds of chance. I suggest you continue to monitor your DRIPs to see if one broker consistently reinvests at higher prices over a longer period of time. I am skeptical that this will be the case, but if a clear pattern emerges, feel free to get back in touch. E-mail your questions to jheinzl@ I'm not able to respond personally to e-mails but I choose certain questions to answer in my column.


CTV News
33 minutes ago
- CTV News
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an hour ago
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