UniFirst Declares Regular Cash Dividends

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 its Class B Common Stock. These dividends will be paid on June 29, 2021, to shareholders on record as of June 8, 2021. The company, based in Wilmington, Mass., is a leader in uniform and workwear services, outfitting over 2 million workers daily through its extensive network and 14,000 employees.

Positive

• Regular quarterly cash dividend of $0.25 per share on Common Stock indicates financial stability.
• Continues to support shareholders with consistent dividend payments.

Negative

• None.

WILMINGTON, Mass., April 06, 2021 (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 June 29, 2021, to shareholders of record on June 8, 2021.

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

What is the dividend amount for UniFirst Corporation (UNF)?

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 UniFirst's dividends be paid?

The dividends are payable on June 29, 2021, to shareholders on record as of June 8, 2021.

How often does UniFirst Corporation pay dividends?

UniFirst Corporation typically pays dividends quarterly.

Is the dividend from UniFirst Corporation sustainable?

The regularity of the dividend payments suggests a commitment to shareholder returns, but investors should monitor the company's financial health for long-term sustainability.