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UniFirst Corporation Announces New Cash Dividend for Shareholders

UniFirst Corporation Announces New Cash Dividend for Shareholders

UniFirst Corporation Declares Regular Cash Dividends

Wilmington, Massachusetts - The Board of Directors of UniFirst Corporation (NYSE: UNF) has recently announced the declaration of regular quarterly cash dividends. Shareholders can expect to receive a dividend of $0.350 per share, which equates to 35.0 cents on the Company’s Common Stock. Additionally, a dividend of $0.280 per share, or 28.0 cents, will be paid on the Class B Common Stock. The upcoming dividends are set to be payable on September 26, with a record date for shareholders on September 5.

Understanding UniFirst’s Business Model

UniFirst Corporation, prominently based in Wilmington, Massachusetts, stands as a leading supplier in North America for uniform and workwear programs. The Company is not limited to apparel; it also provides facility service products and essential first aid and safety supplies. UniFirst has established a niche in specialized garment programs that cater to critical sectors such as cleanroom environments and nuclear industries.

Production and Service Facilities

With its operations backed by five company-owned ISO-9001-certified manufacturing facilities, UniFirst is committed to quality and innovation. This certification assures customers of high manufacturing standards. The Company produces its own branded workwear, protective clothing, and floorcare products, ensuring they meet the specific needs of their diverse clientele.

Extensive Customer Reach

UniFirst’s expansive reach is impressive, boasting over 270 service locations and serving more than 300,000 customer sites. This robust infrastructure allows the Company to effectively outfit over 2 million workers daily, demonstrating their significant role in workplace safety and branding through quality uniforms.

Company Contact Information

Should you wish to learn more about UniFirst, they are readily available for inquiries. You can reach out to their dedicated team, including Shane O’Connor, who serves as the EVP and Chief Financial Officer, at 888-296-2740. You can also check out more information on their official site at UniFirst.com.

Frequently Asked Questions

What is the amount of the declared dividend by UniFirst?

The declared dividend is $0.350 per share on Common Stock and $0.280 per share on Class B Common Stock.

When are the dividends payable to shareholders?

The dividends will be payable on September 26 to shareholders of record on September 5.

What products does UniFirst offer?

UniFirst specializes in uniform and workwear programs, facility services, and safety supplies. They also manage specialized programs for various industries.

How many locations does UniFirst operate?

UniFirst operates more than 270 service locations across North America.

Who can I contact for more information about UniFirst?

You can contact Shane O’Connor, EVP and Chief Financial Officer, at 888-296-2740.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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