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UniFirst Declares Regular Cash Dividends

UniFirst Corporation (NYSE: UNF) announced a quarterly cash dividend of $0.25 per share on its Common Stock and $0.20 per share on Class B Common Stock.

(Neutral)

Sentiment and the balance of points

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Rhea-AI Summary

UniFirst Corporation (NYSE: UNF) announced a quarterly cash dividend of $0.25 per share on its Common Stock and $0.20 per share on Class B Common Stock. These dividends will be payable on January 4, 2021, to shareholders of record by December 7, 2020. Operating as a leader in uniform and workwear supply, UniFirst supports over 2 million workers daily, facilitated by over 260 service locations and 300,000 customer sites across North America.

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Positive

  • Declared quarterly cash dividends of $0.25 per share on Common Stock and $0.20 per share on Class B Common Stock.
  • Demonstrates commitment to returning income to shareholders.

Negative

  • None.
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-2.05% session move Open Argus
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News Market Reaction – UNF

The recorded move for UNF in the trading session of this news was -2.05%.

Data tracked by StockTitan Argus. Session date unavailable.

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WILMINGTON, Mass., Oct. 26, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.25 per share (25.0 cents) on the Company's Common Stock and $0.20 per share (20.0 cents) on the Company's Class B Common Stock. Both dividends are payable on January 4, 2021, to shareholders of record on December 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 over 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 is the dividend amount declared by UniFirst Corporation for Q4 2020?

UniFirst Corporation declared a dividend of $0.25 per share on Common Stock and $0.20 per share on Class B Common Stock.

When will the dividends for UniFirst Corporation be paid?

The dividends will be payable on January 4, 2021.

What is the record date for UniFirst Corporation's dividend payment?

The record date for the dividend payment is December 7, 2020.

How many workers does UniFirst Corporation outfit daily?

UniFirst outfits over 2 million workers each business day.

How many service locations does UniFirst Corporation have?

UniFirst operates over 260 service locations across North America.

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