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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.

(Neutral)

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 will be payable on June 29, 2022, to shareholders of record on June 8, 2022. UniFirst, based in Wilmington, MA, is a North American leader in uniform and workwear supply and servicing, operating over 260 service locations and servicing over 300,000 customer locations daily.

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Positive

  • Declared a quarterly cash dividend of $0.30 per share for Common Stock.
  • Declared a quarterly cash dividend of $0.24 per share for Class B Common Stock.
  • Dividends reflect company confidence in financial stability.

Negative

  • None.
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+0.59% session move Open Argus
Details

News Market Reaction – UNF

The recorded move for UNF in the trading session of this news was +0.59%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WILMINGTON, Mass., April 06, 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 June 29, 2022, to shareholders of record on June 8, 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 for UNF shareholders?

The dividend amount for UniFirst Corporation (UNF) is $0.30 per share for Common Stock and $0.24 per share for Class B Common Stock.

When will the dividends for UNF be paid?

The dividends will be payable on June 29, 2022.

What is the record date for UNF dividends?

The record date for the dividends is June 8, 2022.

How many service locations does UniFirst operate?

UniFirst operates over 260 service locations across North America.

What industries does UniFirst serve?

UniFirst serves various industries, providing uniforms and workwear, first aid and safety products, and specialized garment programs for cleanroom and nuclear industries.

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