UniFirst Declares Regular Cash Dividends

Rhea-AI Summary

UniFirst Corporation (NYSE: UNF) has declared its quarterly cash dividends of $0.310 per share on Common Stock and $0.248 per share on Class B Common Stock. The dividends will be paid on June 29, 2023, to shareholders of record by June 8, 2023. As a leader in uniform and workwear services, UniFirst operates with over 260 service locations and serves more than 300,000 customer locations. The company outfits over 2 million workers daily, demonstrating its substantial role in the market.

Positive

• Quarterly cash dividend of $0.310 per share enhances shareholder value.
• Company's consistent dividend policy indicates strong financial health and investor confidence.
• Significant operational scale with over 2 million workers outfitted daily.

Negative

• None.

WILMINGTON, Mass., April 04, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.310 per share (31.0 cents) on the Company's Common Stock and $0.248 per share (24.8 cents) on the Company's Class B Common Stock. Both dividends are payable on June 29, 2023, to shareholders of record on June 8, 2023.

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 declared by UniFirst Corporation in April 2023?

UniFirst declared a dividend of $0.310 per share for Common Stock and $0.248 per share for Class B Common Stock.

When will the dividends be paid to shareholders?

The dividends are payable on June 29, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is June 8, 2023.

How does UniFirst Corporation perform in the market?

UniFirst is a leader in uniform and workwear services, serving over 300,000 customers and outfitting over 2 million workers each business day.