$CTAS (+0,15%) Position further increased today after the annual forecast was also raised a month ago.

A summary of what CINTAS Corporation actually is:

Cintas Corporation is a US company that specializes in occupational safety, uniforms, cleaning and facility services. The company was founded in 1929 by Richard T. Farmer in Cincinnati, Ohio.

It has branches in the USA, Canada, Mexico, Puerto Rico, Europe, Asia and the Middle East.

The breakdown of net sales by activity is as follows:

- Rental of uniforms (78.2%). In addition, the Group offers cleaning services for restrooms;

- First aid and security services (10.8%);

- Other (11%).

Why did I decide to make a purchase?

When you think of high-growth companies, technology companies usually come to mind. People are then surprised that Cintas has been able to compete with large technology companies such as Apple or Alphabet in terms of share performance over the last ten years.

The workwear specialist has average sales growth of 7.72% over the last 5 years and EPS growth of 10.80%. The share price has risen by an average of 26.90 % annually over the last 10 years.

Cintas also has a strong record of returning capital to its shareholders. The company has consistently increased its dividend since its IPO 39 years ago in 1983.

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