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UniFirst Declares Regular Cash Dividends

The Board of Directors of UniFirst Corporation (NYSE:UNF) has declared quarterly cash dividends of $0.30 per share on Common Stock and $0.24 per share on Class B Common Stock.

Sentiment and the balance of points

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Rhea-AI Summary

The Board of Directors of UniFirst Corporation (NYSE:UNF) has declared quarterly cash dividends of $0.30 per share on Common Stock and $0.24 per share on Class B Common Stock. These dividends are set to be paid on September 28, 2022, to shareholders of record on September 7, 2022. UniFirst, headquartered in Wilmington, Massachusetts, specializes in uniform and workwear programs, servicing over 2 million workers daily across 260 service locations and 300,000 customer locations.

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Positive

  • Regular quarterly dividends of $0.30 and $0.24 demonstrate financial stability and commitment to returning value to shareholders.
  • UniFirst services over 2 million workers daily, indicating strong demand and operational effectiveness.

Negative

  • None.
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News Market Reaction – UNF

The recorded move for UNF in the trading session of this news was +1.08%.

Data tracked by StockTitan Argus. Session date unavailable.

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WILMINGTON, Mass., July 12, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.30 per share (30.0 cents) on the Company's Common Stock and $0.24 per share (24.0 cents) on the Company's Class B Common Stock. Both dividends are payable on September 28, 2022, to shareholders of record on September 7, 2022.

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
 Executive Vice President & CFO

 


FAQ

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

What is the dividend amount declared by UniFirst on July 12, 2022?

UniFirst declared a dividend of $0.30 per share on Common Stock and $0.24 per share on Class B Common Stock.

When will UniFirst's dividends be paid?

The dividends will be paid on September 28, 2022.

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

Shareholders of record will be on September 7, 2022.

How many employees does UniFirst have?

UniFirst has over 14,000 employee Team Partners.

What services does UniFirst provide?

UniFirst provides uniform and workwear programs, facility services, first aid products, and specialized garment management.

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