Is this a good option for my Centipede grass?

Though I’ve not used that specific product, the product label shows it is a mixture of a trimec post-emergent herbicide + the pre-emergent herbicide dithopyr (= Dimension). Those are good pre-emergent and post-emergent herbicides I’ve used with great success in different product forms for many years - I would think it should work fine for you. Down the road you find you you can buy those same products separately at a lower cost per 1000 sq ft.

Read the label direction on “How to Apply” - that’s important if you expect to have good success with the product. LINK