UniFirst Declares Regular Cash Dividends

UniFirst Corporation (NYSE:UNF) has declared quarterly cash dividends of $0.25 per share for its Common Stock and $0.20 per share for Class B Common Stock.

Rhea-AI Summary

UniFirst Corporation (NYSE:UNF) has declared quarterly cash dividends of $0.25 per share for its Common Stock and $0.20 per share for Class B Common Stock. These dividends will be payable on September 28, 2020, to shareholders recorded by September 7, 2020. As a leader in uniform and workwear supply and servicing, UniFirst operates over 260 service locations, serving nearly 2 million workers daily across North America.

Positive

• Declaring quarterly cash dividends of $0.25 for Common Stock and $0.20 for Class B enhances shareholder income.
• Company's strong position as a leader in uniform and workwear services assures investor confidence.

Negative

• None.

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News Market Reaction – UNF

In the trading session that priced this news, UNF declined 1.70%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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WILMINGTON, Mass., July 07, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.25 per share on the Company's Common Stock and $0.20 per share on the Company's Class B Common Stock. Both dividends are payable on September 28, 2020, to shareholders of record on September 7, 2020.

Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE:UNF) is a North American leader in the supply and servicing of uniform and workwear programs, as well as the delivery of facility service programs. Together with its subsidiaries, the company also provides first aid and safety products, and manages specialized garment programs for the cleanroom and nuclear industries. UniFirst manufactures its own branded workwear, protective clothing, and floorcare products, and with 260 service locations, over 300,000 customer locations, and 14,000 plus employee Team Partners, the company outfits nearly 2 million workers each business day. For more information, contact UniFirst at 800-455-7654 or visit UniFirst.com.

UniFirst Corporation
978-658-8888
Contact:	Shane O’Connor
	Chief Financial Officer

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are the dividend amounts for UniFirst Corporation (UNF) for September 2020?

UniFirst Corporation has declared dividends of $0.25 per share for Common Stock and $0.20 per share for Class B Common Stock.

When is the dividend payment date for UNF?

The dividend payment date for UniFirst Corporation is September 28, 2020.

When is the record date for UniFirst Corporation's dividend?

The record date for UniFirst Corporation's dividend is September 7, 2020.

How often does UniFirst Corporation pay dividends?

UniFirst Corporation pays dividends quarterly.

What is the significance of the dividend announcement for UNF shareholders?

The dividend announcement reflects the company's commitment to returning value to shareholders, indicating financial health and operational stability.