UniFirst Corporation Declares Dividends for Shareholders' Benefit

UniFirst Corporation's Latest Dividend Announcement

UniFirst Corporation (NYSE: UNF) recently made a significant announcement regarding its quarterly cash dividends, showcasing its commitment to returning value to its shareholders. The Board of Directors declared regular dividends of $0.350 per share for its Common Stock and $0.280 per share for its Class B Common Stock. These dividends emphasize the company's focus on rewarding its investors.

Details about the Dividend Payments

The declared dividends will be payable on an upcoming date, ensuring that shareholders remain engaged and positioned to benefit from the company's success. Shareholders of record will need to stay informed about the dates to ensure they receive their dividends promptly. This strategy reflects UniFirst's dedication not just to its customers but also to those who invest in its growth.

Overview of UniFirst Corporation

Headquartered in Wilmington, Mass., UniFirst Corporation stands out as a leading provider of uniform and workwear programs across North America. The company specializes in a comprehensive range of services, including facility service products, first aid solutions, and safety supplies. UniFirst's commitment extends to managing specialized garment programs tailored for industries such as cleanroom and nuclear sectors, which highlights its adaptability and focus on quality.

Manufacturing Excellence

In its quest for excellence, UniFirst operates five company-owned manufacturing facilities, all certified under the ISO-9001 standard. This certification attests to their dedication to maintaining high manufacturing standards, ensuring that every piece of workwear and related products meets stringent quality criteria. By also partnering with well-known brands and producing its own line of workwear and protective clothing, UniFirst continues to strengthen its market presence.

Extensive Service Network

With over 270 service locations and more than 300,000 customer locations, UniFirst maintains a robust service network. The company employs over 16,000 committed Team Partners to ensure that it outfits more than 2 million workers each day with suitable workwear solutions. This extensive reach demonstrates UniFirst's commitment to providing exceptional service and quality products to its clients.

How the Dividend Fits into UniFirst's Strategy

Offering dividends to shareholders is more than just a financial decision; it is part of a broader strategy to enhance shareholder trust and signal long-term financial health. By consistently paying dividends, UniFirst Corporation indicates that it is not only performing well but also confident about its future financial outlook. Investors can look forward to continued increases in shareholder value as the company progresses.

Contact Information for Shareholder Inquiries

For those interested in learning more about UniFirst's dividend practices or any other inquiries, they can contact the company's team directly. UniFirst Corporation has dedicated professionals ready to assist. Shane O’Connor, the Executive Vice President and Chief Financial Officer, can be reached for specific queries related to financial matters or company strategy.

Frequently Asked Questions

What is the amount of the declared dividends by UniFirst Corporation?

UniFirst Corporation declared dividends of $0.350 per share for Common Stock and $0.280 per share for Class B Common Stock.

When are the dividends payable?

The dividends are payable on a specified date to shareholders recorded on an earlier date.

What services does UniFirst Corporation provide?

UniFirst provides uniform and workwear programs, facility services, first aid supplies, and much more across North America.

Where is UniFirst Corporation headquartered?

UniFirst Corporation is headquartered in Wilmington, Massachusetts.

Who to contact for inquiries regarding UniFirst?

Inquiries can be directed to Shane O’Connor, EVP and Chief Financial Officer, at UniFirst Corporation.

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