Dividend Growth Stocks: 25 Aristocrats

4. Cintas Corporation (NASDAQ:CTAS)

5-Year Average Dividend Growth Rate: 13.87%

Cintas Corporation (NASDAQ:CTAS) is best known for its uniform rental and facility services business, which serves more than a million customers across a wide range of industries. The company supplies everything from uniforms and safety equipment to floor mats and restroom products, all of which feed into its core revenue base. That uniform rental and facility services segment is the backbone of the business, generating more than 75% of total revenue and playing a central role in maintaining Cintas’s competitive position. Steady growth in this area remains critical to the company’s long-term performance.

On December 22, Cintas said it had submitted a proposal to the board of UniFirst Corporation to acquire all outstanding common and Class B shares for $275 per share in cash. The proposal, delivered to UniFirst’s board on December 12, 2025, values the company at roughly $5.2 billion and represents a 64% premium to UniFirst’s 90-day average closing price as of December 11, 2025.

If completed, the combined company would serve well over one million business customers across the US and Canada. Cintas believes the deal would build on its strong record of organic growth while adding processing capacity and increasing route density, which could further improve service levels for customers. The company said it has already done significant work on the regulatory side and sees a clear path toward securing the necessary approvals. In its most recent proposal, Cintas Corporation (NASDAQ:CTAS) also offered a $350 million reverse termination fee that would be paid to UniFirst if the transaction fails to receive regulatory clearance.