Corporate uniform company, Cintas (CTAS), announced an 11.4% increase in its dividend to 39 cents from 35 cents. Cintas pays one dividend a year in the first quarter.
Linear Technology Corporation (LLTC) designs and manufacturers linear integrated circuits. Linear increased its quarterly dividend 20% to 18 cents a share from 15 cents a share. Linear's payout ratio increases to 50% based on 2007 estimated earnings. The five year average payout ratio for LLTC is 30%.